Council shall have the power, by ordinance, to control the development or use of land within the corporate limits of the municipality and to regulate construction thereon. Council shall not have the power to vacate public use of parks or other green areas municipally owned without the approval of a majority of the Electorate at a public vote. Council may acquire land for purposes of redevelopment and may dispose of such land at fair market value on the terms and conditions it deems in the best interest of the Municipality. Any real property having a value of less than $25,000.00 as determined by a licensed appraiser who is not a resident of the Municipality may be disposed of by Council as it determines is in the best interest of the Municipality.