(A) Post disposition/contract activities.
(1) Following the execution of the contract, the Community Development Director, City Manager, or his or her designee shall monitor the progress of the redevelopment activities on the real property to be conveyed to assure compliance with the contract. If the person(s) seeking to acquire title to the real property fail to comply with the terms of the contract, a written notice shall be sent to said person(s) by the Community Development Director, City Manager, or his or her designee, setting forth the reason(s) why the person(s) are in breach of the contract, and requiring the person to appear before the Code Enforcement Board for a hearing regarding the breach. The Code Enforcement Board shall issue a recommendation to the Commission as to whether to allow the person(s) to continue to comply with the proposal or refer the matter to the City Attorney to take legal actions consistent with the contract. The Commission shall take actions consistent with the recommendation unless they find that the decision is clearly erroneous.
(2) If the person(s) seeking to acquire title to the real property comply with the terms of the contract, the real property shall be transferred in accordance with the terms of the contract.
(B) Sale procedures.
(1) Sales/transfers of parcels of real property shall be handled through independent escrow, if possible, and all costs including, but not limited to costs of appraisals, examination of title, title insurance, and closing costs, exclusive of costs to prepare the sales/transfer contract, deed preparation and deed transfer tax (if any), shall be borne by the purchaser/person(s) proposing to acquire the real property, unless otherwise agreed by the city.
(2) All conveyances executed by the city shall be made by quitclaim deed, unless otherwise agreed by the city.
(C) Authority to promulgate regulations. The Commission hereby specifically authorizes the Code Enforcement Board to adopt further rules and regulations regarding the submission of proposals, contractual obligations of transferees/grantees, and all other matters consistent with this chapter, subject to approval by the Commission.
(Ord. 2016-010, passed 9-12-2016)