The city can dispose of its real property only by ordinance. The city must use the proceeds of any sale of the property as far as possible to retire any outstanding indebtedness incurred by the city in the purchase, construction, or improvement of the property. If there is no such outstanding indebtedness, the council can designate by resolution some other public use for the proceeds.
(Section 12.05 amended by Ord. 2004-8, passed 4-5-2004)