On the recommendation of the Finance Committee and the City Manager that real estate or interest therein owned by the City is no longer needed for any municipal purpose and can be exchanged for other real estate or interest therein contiguous to public real estate or interest therein needed for expansion of a City service, which can be obtained by an exchange not requiring the expenditure of any money except any incidental costs associated therewith and which real estate or interest therein to be acquired, is determined by Council to be of equal or greater value, Council, by ordinance, adopted by a majority affirmative vote of the members elected to Council, may approve and authorize the Mayor, the City Manager, or the Director of Finance to make such exchange and execute the necessary documents to consummate the transaction.
(Ord. 1097-95. Passed 2-9-95.)