(a)
The Director of Finance shall have authority to execute in the name of the City written leases for real estate owned or controlled by the City on a month to month basis and notice thereof shall be given to the City Clerk.
(b)
Leases for any longer term may not be executed without express authority of Council. No lease shall be executed unless the lessee agrees to release the City from all liability in connection therewith and to indemnify the City from any loss which the City may suffer due to the lease.
(c)
No lease shall be transferred or assigned without the express written consent of the City and a violation of this provision shall result in automatic cancellation of the lease and of any rights of the lessee thereunder.