(A) Whenever a particular parcel or parcels is proposed for sale by the city, or purchase inquiry is made, and the property is classified as substandard undeveloped property, the matter shall be set on the regular Council agenda, but no public hearing is required. Except as otherwise provided in this section, notice of the agenda item shall be given to all property owners within 250 feet of the parcel’s boundary line and to any parties who have inquired about the purchaser. If the city has issued a request for bids seeking purchasers of the property and provided the request for bids to property owners within 250 feet of the parcel’s boundary line and to those who have inquired about purchasing the property, notice need only be provided to those who have submitted a bid proposal. After discussion of the agenda item, the Council shall determine whether it will offer the property for sale.
(B) If the City Council decides to sell the property, it will direct the City Recorder or designee to take further action to sell the property. The City Council may authorize the City Recorder or designee to publicize as appropriate, determine the existence of interested prospective purchasers, and negotiate for the sale of the property. Nothing in this section shall preclude the City Recorder or designee from taking preliminary actions, including publicizing a possible sale, determining the existence of interested prospective purchasers, and issuing a request for bids prior to the City Council’s decision, so long as the city does not enter into a binding agreement, without City Council authorization.
(C) The City Council shall have the final authority to approve or disapprove the final terms of the sale. The City Council may pre-approve terms and the agreement form at the meeting at which it determines to sell the property. If the City Council does not pre-approve terms and the agreement form at its initial meeting or if alternate terms or agreement form are proposed, the City Council shall at a later regularly scheduled Council meeting consider approval of the terms and agreement form.
(Ord. 13-273, passed 2-25-2013)