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City Government

 

2. Disposal Of City Property

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7/08  15-2-1                                                                                     15-2-2

CHAPTER 2

DISPOSAL OF CITY PROPERTY

15-2-1:  METHODS OF DISPOSAL AND PROCEDURES
15-2-2:  PROHIBITION AGAINST SUBDIVISION


15-2-1:  METHODS OF DISPOSAL AND PROCEDURES: (3245 3421)

(A)  PERSONALTY.  Obsolete, surplus or other City personal property may be traded as part of the purchase of new property, sold to the public through formal bidding procedures or public auction, donated or discarded as follows:

     1.  The trade, sale, donation, or discarding of City personal property with an estimated value of $5,000 or more per item shall be approved by City Council.

     2.  The trade or sale of City personal property with an estimated value less than $5,000 per item shall be approved by the City Manager.

     3.  The City Manager may authorize the donation or discarding of City personal property with an estimated value less than $5,000 per item if such property cannot be disposed of through trade or sale, or if such property is deemed to be of such nominal value that trade or sale is impractical.

     4.  When City personal property is to be sold through formal bidding procedures or public auction, a notice inviting bids or a notice of public auction shall be published at least once in an area newspaper selected for maximum impact on prospective bidders or shall be sent to three or more potential bidders at least five (5) days prior to the public auction or the deadline for receipt of bids.  The notice shall include a general description of the property to be sold. 

(B)  REALTY.  Surplus City real property may be traded as part of the purchase of new real property, donated to another public or quasi-public entity or non-profit corporation, or sold in any open market transaction, or disposed of in any other manner approved by City Council as follows:

     1.  The trade, sale, or donation of City real property with an estimated value of $5,000 or more per parcel shall be approved by City Council.

     2.  The trade, sale or donation of City real property with an estimated value less than $5,000 per parcel may be approved by the City Manager.

     3.  When City real property is to be sold in an open market transaction, a notice inviting bids shall be published at least once in an area newspaper selected for maximum impact on prospective bidders.  The notice shall include a general description of the property to be sold.  Alternatively, the City may list the property with a licensed real estate broker selected by the City Manager.

     4.  The term “estimated value” as used in this Subsection shall mean a good faith determination by any individual knowledgeable in the value of realty comparable to the City realty being evaluated.  The City Manager is authorized to determine if a formal “Member Appraisal Institute” (MAI) appraisal is required to establish the estimated value.

     5.  Nothing in this Subsection is intended to apply to the vacation of City roadways or easements, as that process is set forth in Section 11-6-9, W.M.C.

15-2-2:  PROHIBITION AGAINST SUBDIVISION:  (2138)  No single sales transaction shall be subdivided for the purpose of circumventing the dollar value limitations of this Chapter.

 

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