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Sec. 7.29. Confirmation of Sale.
 
   The Council may, in the ordinance ordering the sale of the real property, reserve to itself the power to confirm the sale, or, it may authorize the confirmation by the General Manager of the Department of General Services, a Board or Commission. In the event the Council reserves to itself the power to confirm the sale, such confirmation shall be by a majority vote of all of its members. Until the time the Council confirms the sale, the Council may reject all bids or may withdraw the real property from sale. In the event the Council authorizes the General Manager of the Department of General Services, a Board or Commission to confirm the sale, the Notice of Sale shall provide that said General Manager, Board or Commission may confirm the sale to the highest responsible bidder, or its successors or assigns, providing that no sale for less than the minimum price shall be confirmed; and further providing that said General Manager, Board or Commission may reject any and all bids and that either the Council or said General Manager, Board or Commission may withdraw any of the real property from sale until such time as the sale is confirmed.
 
SECTION HISTORY
 
Based on Ord. No. 56,887.
Amended by: Ord. No. 92,757; Ord. No. 150,946, Eff. 7-17-78; Ord. No. 171,496, Eff. 3-7-97.
Readopted by Ord. No. 173,281, Eff. 6-26-00, Oper-7-1-00.