(a) Real property belonging to the City shall be sold or leased pursuant to an ordinance, passed by Council, authorizing such sale or lease after a public hearing and after a finding by the City Manager that such real property is no longer needed for municipal purposes, or in those cases in which real property is offered only for lease for a term, that it will not be needed for municipal purposes during the term of the proposed lease.
(b) The sale or lease of real property pursuant to this section shall be by competitive bid, except as otherwise provided herein. Bids shall be taken after advertising on at least one occasion in a newspaper of general circulation within the City.
(c) The ordinance authorizing the sale or lease of any real property may provide for the submission of bids in any one or more of the following forms:
(1) For the purchase of the real property only.
(2) For the purchase and development of the real property, in which event each such bidder shall be required to describe the improvements to be constructed on the real property, the minimum cost thereof, and the time for the beginning and completion of the construction thereof.
(3) For leasing such real property, either for a term or perpetually, with or without an option to purchase.
(4) For leasing such real property, either for a term or perpetually, with or without an option to purchase, and the development thereof. Each such bidder shall be required to describe the improvements to be constructed on the real property, the minimum cost thereof and the time for the beginning and completion of the construction thereof.
(d) In those cases where bids are accepted for the lease and development of real property or in the sale and development of real property, the conveyances shall contain appropriate provisions requiring the construction of the improvements described in the bid within the time limits set forth therein, and the forfeiture of title to the City or penalty provisions as Council so requires in the event such provisions are not complied with.
(e) In all cases, the bids submitted shall be referred to Council with the recommendation of the City Manager, and Council may accept the bid which it considers best. The ordinance accepting the best bid shall contain provisions authorizing the conveyance of the real property to the successful bidder.
(f) Council may, by ordinance, authorize the sale or leasing, without competitive bids, of real or personal property in the City, not needed for any municipal purposes, to the United States of America, the State of Ohio, any subdivision or agency of the United States or the State of Ohio, or to any corporation or quasi-corporation not for profit, organized for a public or charitable purpose, upon such terms as may be deemed proper by Council.
(g) In those cases in which Council determines that it is for the best interests of the City, real property may be sold or leased without competitive bidding, and the fact that competitive bidding is being eliminated and the reasons why the public interest requires that competitive bidding has been eliminated shall be stated in any ordinance authorizing a sale without competitive bids.
(Ord. 2001-47. Passed 7-24-01.)