208.04 SALE OR LEASE OF REAL PROPERTY.
   (a)   All real property owned by the City and determined by City Council to be no longer needed for municipal purposes may be sold or leased without advertisement and without public competitive bidding. The sale or lease of real property in accordance with this section shall be authorized by an ordinance adopted by a majority of Council that, at a minimum, includes the following:
      (1)   Declare the City's intention to sell or lease identified real property owned by the City because such property is no longer needed for a municipal purpose;
      (2)   Declare Council's intention to sell or lease such real property without the advertisement of said sale or lease, or without public competitive bidding, or both, as determined by Council;
      (3)   Authorize and direct the City Manager to sell or lease such real property;
      (4)   State the sale or lease price for the identified real property and, should the City order the property appraised, the appraised value;
      (5)   Declare the sale or lease price to be in the best interest of the City;
      (6)   Set forth any special purpose, other than simply disposing of surplus property, for the sale or lease such real property; and
      (7)   Provide a legal description of the real property to be sold or leased.
   (b)   The procedure described in this section does not preclude the transfer of property to the Community Improvement Corporation or the use of public competitive bidding for the sale or lease of property as specified in R.C. Chapter 721, should Council exercise its discretion to utilize such procedures.
(Ord. 20-2023. Passed 11-16-23.)