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60A - PROPERTY DISPOSITION POLICY
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60A - PROPERTY DISPOSITION POLICY
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Last modified
6/28/2018 6:00:38 PM
Creation date
6/28/2018 5:58:28 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
60A
Date
7/3/2018
Destruction Year
2023
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broker and the sale is made and completed, then the other one-half ('/z) of said commission <br />shall be paid to such agent or broker. <br />In cases where no listing contract exists and the successful bidder is represented by a <br />licensed real estate broker, upon approval by the council, a full commission will be paid to <br />such broker under the following conditions: <br />(1) The buyer's written or oral bid must be submitted by the broker, <br />(2) The broker must be designated as such in the buyer's purchase offer or in the written <br />statement of his bid, and <br />(3) The sale to the buyer must be consummated. <br />(Code 1952, § 2616; Ord. No. NS -256, § 1, 6-3-57; Ord. No. NS -1265, § 5, 8-4-75) <br />Sec. 2-709. - Exceptions. <br />The provisions in this article regulating the sale of surplus city personal property or the <br />sale of city real property shall not apply to any sale of such property made to any city, county, <br />city and county, state or federal government, or any political subdivision of any of them, or to <br />any nonprofit public benefit corporation formed or controlled by the city, or to any sale which <br />is exempted from such provisions by two-thirds ( 2/3 ) vote of the city council after a duly <br />noticed public hearing, and such sales may be made upon a basis of direct negotiations <br />without the necessity for public auction or competitive bidding, when the authority to so <br />negotiate has been granted by the city council. <br />(Code 1952, § 2614; Ord. No. NS -128, § 2,8-15-55; Ord. No. NS -1006, § 27,4-6-85) <br />Sec. 2-710. - Exchange of real property. <br />Upon written recommendation of the city manager, the council may authorize the exchange <br />of any parcel of city -owned real property which has been declared to be surplus to the city's <br />needs for any other real property, whether publicly or privately owned, for which the city has a <br />public need. Upon such authorization, an exchange may be concluded by direct negotiation <br />without compliance with the auction or public sale requirements in this article provided for. <br />(Ord. No. NS -1265, § 6, 8-4-75) <br />
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