For purposes of this section, Mayor shall mean solely the Mayor.
The Mayor is hereby authorized to transfer title to any unimproved residential lot owned by the City upon the following terms and conditions if the Mayor has determined that said lot is not needed for municipal purposes:
(a) Written notice of the availability of the lot shall be given to the owners of all adjoining single-family and two-family properties. With regard to properties in which Neighborhood Stabilization Program (“NSP”) funds were used to acquire or pay holding costs, only adjoining property owners who fall within NSP income guidelines will be given the opportunity to acquire the property as per NSP program requirements.
(b) If only one adjoining owner is interested in purchasing the Lot, the Mayor may sell the lot to that property owner for the sum of one hundred dollars ($100.00) plus closing costs. If two or more adjoining property owners are interested in purchasing the Lot, the Mayor may:
(1) Allow the parties the opportunity to bid on the Lot and sell the lot to the highest bidder, with bidding starting at the sum of one hundred dollars ($100.00); or
(2) Divide the Lot and sell to all interested parties for the price of one hundred dollars ($100.00) total plus closing costs provided the parties are willing to pay the costs of a lot resubdivision including survey costs.
(c) Within thirty (30) days after the entry of an agreement for the sale of any Lot, the Mayor shall report the sale to this Council.
(d) Nothing herein shall require the Mayor to offer any particular unimproved City- owned Lot to adjoining property owners, or be construed to prohibit the sale or holding of a Lot for development purposes or the use of said Lots for community gardening or other public purposes.
(e) The Mayor and Director of Law may adopt rules, not inconsistent with this Section, for the implementation of this Section.
(Ord. 6-2012. Passed 1-17-12; Ord. 153-2021. Passed 12-6-21.)