Upon the filing of such application for reconveyance as provided in Section 7.34.6 of this article and the additional receipt from the applicant of the amounts hereinafter required, and upon investigation and showing satisfactory to the Board that the property is suitable to go back to private ownership and that the applicant is entitled thereto under the provisions of this article, the Board shall execute to such person a reconveyance by quitclaim deed of the interest of the City in said property. Provided, however, that where the City has or claims title or interest in the property other than through deeds for special assessments or where the Board determines that such action is required for the public interest, such application may be denied. Where two or more such applications are made for the same property, priority in consideration shall be in the order in which they are filed.
Any application filed with the Board by the former owner or the former owner’s lawful successor in interest for the reconveyance of special assessment property held by the City which is classified as suitable for private ownership and not yet advertised for resale shall be transmitted forthwith to the Council, or such property shall be set for resale as provided herein at the earliest practicable date, where such application is for reconveyance upon terms not within the power of the Board to grant under this article, but the granting of which, due to special circumstances, may be in the public interest or in furtherance of and in conformity with the preference extended hereby to former owners or lawful successors in interest.
SECTION HISTORY
Based on Ord. No. 96,847.
Amended by: Ord. No. 101,605.
Added by Ord. No. 140,475, Eff. 6-17-70.