No real estate belonging to the city shall be sold or leased except in pursuance of a resolution passed by a majority vote of all members of the City Commission. This resolution shall contain the following.
(A) The reason for selling or leasing the real estate;
(B) Description of the real estate to be sold or leased;
(C) When real estate is to be leased or sold by the city to the United States Government; the State of Ohio (including any department or agency thereof) any political subdivision of the state; any nonprofit corporation, association, or organization; or any specific person or persons, firm or corporation if, in the sound judgement of the City Manager, the sale or lease would be in the best interest of the city, no advertising for bids shall be required, if the resolution provided for in this section so states.
(‘97 Code, § 34.21) (Ord. C-5, passed 1-6-30; Am. Ord. 44-88, passed 9-12-88; Am. Ord. 1-10, passed 1-19-10; Am. Ord. 8-11, passed 8-16-11; Ord. 3- 12, passed 2-7-12)