The City Council shall establish in the City Code its policies
and procedures for the purchase of materials, supplies, equipment,
work or real property needed by the City, to include procedures for
emergency purchases.
The Council shall provide in the City Code specific policies
and procedures for the sale or lease of real or personal property
no longer needed for City purposes. However, before park and waterfront
property, as defined by state law, is sold, there must be legislative
approval by the State of New York.