The council may select any of the following disposal methods:
1. direct negotiations with interested parties who seek to acquire city land.
2. invite sealed bids for city land, specifying the time and place for receiving bids and the minimum acceptable bid.
3. offer city land for sale at public auction, specifying a minimum acceptable bid.
4. invite proposals to purchase city land. The invitation shall specify the basis upon which proposals shall be evaluated, which may include but need not be limited to the proposed acquisition price, the quality of proposed development of land and its benefit to the community, the qualifications and organization of the proposer, the value of the proposed improvements to the land and the rents or resale prices to be charged by the proposer.
(Ord. 86-06 § 3 (part), 1986)