CHAPTER 16
DISPOSAL OF CITY-OWNED REAL PROPERTY

Sections:

2-16-101    Disposal of Real Property.

2-16-102    Definitions.

2-16-103    Exceptions.

2-16-104    Appraisal Required.

2-16-101 Disposal of Real Property.

Before disposing of a significant parcel of real property, the City shall provide reasonable notice of the proposed disposition at least fourteen (14) days before holding a public meeting to allow an opportunity for public comment on the proposed disposition.

(Ord. No. 16-2014, 07/01/2014)

2-16-102 Definitions.

For purposes of this Chapter, the following terms shall mean:

(1)    “Significant parcel of real property” means a parcel with a value equal to or greater than $50,000.00.

(2)    “Reasonable notice” means publishing notice at least once in a newspaper of general circulation in the City of Springville.

(Ord. No. 16-2014, 07/01/2014)

2-16-103 Exceptions.

The following parcels of real property shall not be considered significant parcels of real property, even if the valuation of such parcels is $50,000.00 or greater:

(1)    Parcels disposed of by the City as part of a boundary line agreement or adjustment;

(2)    Parcels created by a right-of-way vacation or an easement vacation; and

(3)    Parcels that are undevelopable unless combined with an adjacent parcel.

(Ord. No. 16-2014, 07/01/2014)

2-16-104 Appraisal Required.

The City Council shall not sell a significant parcel of real property for an amount less than the appraised value of the parcel, as determined by a certified appraiser.

(Ord. No. 16-2014, 07/01/2014)