107.03 CONVEYANCE OF CITY PROPERTY WITHOUT PUBLIC AUCTION.
   (a)   Notwithstanding any provisions to the contrary and provided that City Council has approved the transfer and made a factual determination that the property or interest to be conveyed is to be used to facilitate specific economic development projects within the City and/or to provide a specific necessary and convenient resource for the benefit of the citizenry, the City of South Charleston may transfer the following types of property without public auction:
      (1)   Real or personal property valued in excess of $1,000.00 for fair market value; and
      (2)   Any interest in real property consisting of so-called “paper alleys” for fair market value, a nominal fee, or without consideration.
   (b)   Prior to the approval by City Council of any conveyance of City property pursuant to this section, a notice of the proposed conveyance of City property shall be published as a Class II legal advertisement in compliance with the provisions of W. Va. Code §59-3-1 et seq., and the publication area for the publication shall be the City of South Charleston. Such published notice shall contain a brief description of the property to be conveyed and the date, time and location of the City Council meeting at which such approval will be discussed.
   (c)   Prior to the conveyance of City property pursuant to subsection (a)(1) of this section, City Council and/or the Mayor shall be provided with documentation evidencing that all project plans have been approved by all necessary and relevant state and municipal authorities, all necessary and relevant state and/or municipal permits are in place or are approved subject to purchase of the property, and funding for the project has been secured.
   (d)   This section is authorized pursuant to W. Va. Code §8-1-5a. If the Municipal Home Rule Pilot Program terminates, this section shall continue in full force and effect until repealed, but may be null and void if it is amended and such amendment is not approved by the Municipal Home Rule Board. (Ord. 2211. Passed 3-19-15.)