[Ord. No. 1346, 10-19-2020; Ord. No. 1347, 10-19-2020]
A. 
In the event the City of Owensville wishes to sell, trade or otherwise dispose of City-owned real property, the following process shall be followed:
1. 
Appraisal. First, an appraisal shall be obtained from a licensed appraiser. The appraisal shall have a valuation date of no more than one (1) year prior to the proposed sale or disposition date.
2. 
Planning And Zoning Commission Review. The real estate to be sold, traded or disposed of shall be reviewed by the Planning and Zoning Commission, which shall make recommendations to the City Administrator concerning desirable uses of the property, including projected need, if any, of the land for present or future recreational or other public use. Such recommendation shall be made after a public hearing is first held on fifteen (15) days' prior notice.
3. 
City Administrator Recommendation. After review of the Planning and Zoning Commission's recommendations, the City Administrator shall make a written recommendation to the Board of Aldermen. If the City Administrator believes it is in the best interests of the City to sell, trade or otherwise dispose of the real estate, such recommendation shall include the estimated value of the property as made by a qualified appraiser and the recommended terms and conditions of the sale, trade or disposition, including whether any development restrictions should be placed upon the property. If the City Administrator believes the sale, trade or disposition is not in the City's best interests, they shall so report to the Board of Aldermen.
4. 
Aldermanic Action. After receipt of the recommendations, the Board of Aldermen may, by resolution, direct the sale, trade or disposition of the City's real property under such terms and conditions as it requires.
5. 
Notice. Notice of the proposed sale or trade shall be given by whatever means are considered reasonable by the City Administrator under the circumstances if the real property is being offered for sale, trade or disposition. The notice must contain a brief description of the land, its area and general location, proposed use, term, computed annual minimum rental or minimum offer, limitations, if any, and time and place set for the auction or bid opening, if applicable.
B. 
Exceptions. The Board of Aldermen, by a majority vote, may elect to forego the process set forth in Section 100.250(A), if it determines that to do so is in the best interests of the City. If the Board of Aldermen so elects, it shall follow such processes for the solicitation of bids and the sale of the real property that it deems appropriate under the circumstances.
[Ord. No. 1382, 1-18-2022]