CHAPTER 3
SURPLUS REAL AND PERSONAL PROPERTY DISPOSAL

ARTICLE A. REAL PROPERTY

SECTION:

3-3A-1:    Authority To Sell

3-3A-2:    Minimum Price

3-3A-3:    Competitive Bidding Required; Exceptions

3-3A-4:    Advertising And Posting

3-3A-5:    Consideration Of Bids

3-3A-1 AUTHORITY TO SELL:

Whenever it appears to the city council that it is for the best interests of the city and the people thereof that real property belonging to the city should be sold, the city council shall sell and convey such property under the limitations and restrictions and in the manner provided in this article. (Ord. 304, 9-12-1983)

3-3A-2 MINIMUM PRICE:

The city council shall fix a minimum price at which such real property may be sold. No sale shall be made unless at least the minimum price fixed by the council is bid. (Ord. 304, 9-12-1983)

3-3A-3 COMPETITIVE BIDDING REQUIRED; EXCEPTIONS:

The city clerk-treasurer shall advertise for written competitive bids on any sale of real property, except as follows:

A.    When selling to a governmental agency.

B.    When the city council, setting forth the facts by resolution, has declared an emergency to exist. (Ord. 304, 9-12-1983)

3-3A-4 ADVERTISING AND POSTING:

A.    Publication And Posting: The city clerk-treasurer shall publish an advertisement for bids on the sale of real property once each week for two (2) consecutive weeks in the official newspaper of the city. In addition thereto, the city clerk-treasurer shall also post said advertisement in three (3) public places in the city. Both the posting and the date of the last publication shall be at least five (5) calendar days before the final date for submitting the bids.

B.    Advertising Requirements: The advertisement for bids shall particularly describe the property or portion thereof proposed to be sold and when and where the bids are to be submitted, shall designate the place and the time that the bids will be opened, shall set forth the minimum price established by the city council and shall set forth the terms of the sale. (Ord. 304, 9-12-1983)

3-3A-5 CONSIDERATION OF BIDS:

The bids shall be opened in public at the time and place stated in the advertisement for bids. The city council may reject any or all bids or the bid for any one or more of the parcels of real property included in the advertisement for bids. (Ord. 304, 9-12-1983)