(A) When acquiring an interest in real property by purchase or eminent domain, the city shall do so only after the City Council has authorized the acquisition by action taken in a public meeting after notice and public hearing.
(Prior Code, § 8-113)
(B) The city shall not purchase, lease-purchase or acquire for consideration real property having an estimated value of $100,000 or more unless an appraisal of the property has been performed by a certified real estate appraiser.
(Prior Code, § 8-114)
(Ord. 17-95, passed 8-7-1995; Ord. 18-95, passed 8-7-1995)
Statutory reference:
Related provisions, see Neb. RS 13-403, 18-1755