§ 2-1571. Methods.

(a)

Unless otherwise provided by law, the sale or disposition of all interests in city-owned real property shall be by competitive sealed bidding, pursuant to section 2-1572, except in the following circumstances:

(1)

Narrow strips of land. Narrow strips of land, so shaped or so small as to be incapable of being used independently as zoned or under applicable subdivision or other development ordinances, or streets, whether owned in fee or used by easement, may be sold to the abutting property owner in proportion to abutting ownership in an equitable manner as provided in sections 2-1578 and 138-5;

(2)

Easements. All types of easements, where the abutting property owner also owns the underlying fee simple title, such land or interest in land may be sold to the abutting property owner in proportion to abutting ownership in an equitable manner, as provided in section 2-1579;

(3)

Exchanges. Any land or interest therein which was originally acquired for the purpose of streets, rights-of-way or easements may be traded or exchanged pursuant to section 2-1543 as consideration for other land acquired for streets, rights-of-way or easements, including transactions which may be partly for cash and partly by trade or exchange, when the chief procurement officer determines that it is in the city's best interest; and

(4)

Development contracts. The city may have city-owned real estate developed by contract with an independent entity.

(5)

Homesteading program(s) as provided in chapter 54 (Community Development). Any city-owned real property disposed of pursuant to the Affordable Housing Homesteading Program may be disposed of through a request for proposals process as set forth in article IV, chapter 54.

(b)

However, nothing in this subdivision shall require the city to accept any offer or be required to consummate any sale or exchange.

(c)

Notwithstanding the forgoing, in the event the Mayor chooses to explore the disposition of real property valued in excess of $250,000.00, through the issuance of a bid or request for proposals, the mayor shall notify the city council of such activity by written communication prior to undertaking the procurement process.

(Ord. No. 2009-78(09-O-1876), § 14, 12-15-09; Ord. No. 2017-65(17-O-1463), § 2, 11-6-17 )