[HISTORY: Adopted by the Town Board of the Town of Stockport
as indicated in article histories. Amendments noted where applicable.]
[Adopted 1-2-1991 by L.L. No. 1-1991]
The Town of Stockport is the owner of various parcels of real
property within the Town. Occasionally, the Town finds that a parcel
of real property can no longer be used for Town purposes. For the
Town to continue to retain ownership of such property exposes the
Town to potential liability, requires the Town to use Town personnel
to continue to maintain the property and results in a loss of real
property taxes for the Town. By this article, the Town Board is given
the authority to sell real property of the Town either through private
sale or by public auction.
Upon finding that any parcel of real property owned by the Town
of Stockport can no longer be used for Town purposes, the Town Board
may authorize, by resolution, the sale of said real property either
by private sale or by public auction. A resolution of the Town Board
authorizing the sale of real property must be passed by a unanimous
roll call vote of the Town Board.
If the Town Board determines to sell property by a private sale,
then the price at which the property will be sold must be stated in
the resolution approving the sale. A public auction of real property
shall be noticed on two dates in the official newspaper of the Town
not more than 60 days but not less than 15 days prior to the date
of the auction. The terms of the auction will be set by resolution
of the Town Board.
The Town may pay a commission to the real estate broker who
finds a buyer who is ready, willing and able to purchase real property
the Town is authorized to sell.
