CHAPTER 16
DISPOSAL OF CITY-OWNED REAL PROPERTY
Sections:
2-16-101 Disposal of Real Property.
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)