§ 2-217. Authority to enter into sale contracts.

There is hereby delegated to the city administrator, or his designated agent, the authority to enter into sale contracts of described city-owned properties falling within one (1) or more of the captioned categories; provided that no such sale may exceed or otherwise be violative of the following criteria:

(1)

The consideration to be paid for the remnant property is not greater than six thousand dollars ($6,000.00);

(2)

The remnant property shall not be greater than ten thousand (10,000) square feet in size;

(3)

Other than typical real estate closing costs, the sale requires no financial obligation on behalf of the city; and,

(4)

The sale requires no additional administrative personnel for supervision.

(Ord. No. 44-07, § 2, 6-5-07)