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ORDINANCE NO. NS-128 AMENDING SECTION 2613 OF THE SANTA ANA MUNICI- PAL CODE PROVIDING FOR THE SALE OF RE~.L PROPERTY AND A~DING SECTION 2614 THE CITY COUNCIL OF THE CITY OF SANTA ANA DOES ORDAIN AS FOLLOWS: SECTION 1. That Section 2613 of the Santa Aha Municipal Code is hereby amended to read as follows: "SECTION 2613. Sale of Real Property. Ail sales of City owned real property shall be made by the Council at a reg- ular Council meeting and shall be to the highest and best bidder. Sealed bids may be required or oral bids may be provided for. If sealed bids be required, after they are opened, any person present may submit an oral bid on the following conditions: The opening o~al bid must exceed the amount of the highest sealed bid by ten per cent on the first $5,000.00 and by five per cent of the amount of said highest sealed bid on amounts in excess of $5,000.00 and not more than $10,000.00. After an opening oral bid has been made, which com~lles with the above requirements, any person may raise said oral bid with- out regard for the above percentages, providing that the City Council shall disregard any bid which does not exceed the highest bid theretofore made by at least one per cent of such highest bid. The successful oral bidder must deliver to the Clerk of the Council at said meeting and immediately following the declaration of sale, a written statement of his bid signed by the bidder together with ten per cent of the amount of his bid in cash or by cashier's or certified check. Failure to deposit such written statement of bid or said ten per cent of the bid price may be considered a withdrawal of the bid and the Council may declare such withdrawal if it so desires. Upon the recommendation of the City Manager submitted in writing, the Council may determine that the property being offered for sale can have real value only to a certain owner or owners of adjoining property and could be used by other persons only for the purpose of nuisance value to such adjoin- ing or abutting land owners. In event they ma~e such determination, the same, with the reasons therefor, shall be entered in full on the Council Minutes. After such declaration has been made as next hereinabove provided for, the Council may, by direct negotiation, provide for the sale of the real property covered thereby, without co~liance with the auction or public sale require- ments in this Section provided for."