A. Any real property of the City used for park purposes shall not be sold, leased, or otherwise transferred, except by authority of a resolution of the City Council adopted at the conclusion of a public hearing on the proposed sale, lease, or transfer. An environmental impact report shall be considered and approved by the City Council before any such resolution is adopted.
B. Notice of the hearing shall be published twice in the newspaper designated by the City Council pursuant to City Charter § 621, the first publication to be at least ten days before the hearing. At least five copies of the published notice shall be conspicuously posted on the subject park property. The heading of the notices shall be “Notice of Proposed Sale/Transfer of This Park” in letters not less than one inch in height.
C. Any resolution adopted by the City Council authorizing any such sale, lease, or transfer shall by its terms state that it shall not be effective until after thirty days from the date of its adoption. The adoption of any such resolution shall be deemed to be a legislative act subject to referendum in the same manner as an ordinance.
('65 Code, § 25-2) (Ord. No. CS-290 Art II § 2; Ord. No. CS-971 § 1)