Whenever the City Council determines that the disposition of any parcel of real property is for the common benefit of the City's citizens, the City Council may direct City staff to sell, lease or dispose of such property in any manner consistent with state and federal law.
(Prior code §2.43; 98-1)
Except as provided in Section 3.12.030, the sale of City-owned real property shall be at public auction, or to the highest responsible bidder after advertisement, and shall be for cash, or upon the following terms: Not less than one-third cash, and the balance in one or more installments falling due not more than five years from the date of sale, with a lien reserved to secure the payment thereof.
(Prior code §2.44)
The City Council, when it determines that the public interest or necessity requires the sale, conveyance or exchange of any real property owned by the City, or the quitclaiming by the City of any interest in real property, without notice of sale or advertisement for bids, may, by ordinance adopted by the votes of at least three of the members, authorize the execution of such deed, contract or other instrument as may be necessary to effect such sale, conveyance, exchange or quitclaim at and for a price or consideration and upon the terms and conditions to be specified in such ordinance.
(Prior code §2.45)
The sale of any City-owned real property, except as provided by Section 3.12.030, shall be conducted in accordance with the following procedure:
A. 
The City Council, whenever it determines that the public interest or necessity requires the sale of real property owned by the City, or any department thereof, may by resolution adopted by the votes of at least three of its members order the same to be sold. Such resolution shall direct the City Clerk to cause notice of the sale of such property to be published for three insertions in one or more weekly newspapers printed, published and circulated in the City and shall specify the terms and conditions upon which the same will be sold, which shall be in conformity with this chapter, and also whether the sale of such property shall be at public auction or to the highest responsible bidder.
B. 
Bids for such property shall be sealed and filed in the office of the City Clerk at or before a time to be specified in the notice of sale. The City Clerk shall present all bids received by him or her to the City Council at its next regular meeting after the expiration of the time for the submission of bids. The City Council shall thereupon, in public session, open, examine and declare all bids received. At the time of opening the bids, any responsible person may bid for such property a sum exceeding the highest bid by not less than five percent and such bid so made may be raised by any other person until the property shall either be sold or withdrawn from sale. No bid shall be considered unless accompanied by a cash deposit or certified check in an amount not less than ten percent of the amount of such bid as a guarantee that the person making such bid will purchase and pay for such property upon the terms and conditions specified in the notice of sale.
C. 
The City Council may, in its discretion, in all cases where property is offered for sale, reject any or all bids, or withdraw such property from sale at any time should it deem such action to be for the public interest.
(Prior code § 2.46)
The City Council, in accordance with the provisions of this chapter, shall have the right, when previously authorized by a three-fifths vote thereof, to employ and pay, on a commission or other basis, an agent to render service in promoting, furthering or negotiating the sale of City-owned real property.
(Prior code § 2.47)