(a) 
Except as otherwise provided in this chapter, the City Council shall approve all purchases of real property and shall surplus as appropriate and approve all sales of real property by the City.
(b) 
When disposing of real property, the City may list the property with a real estate broker, negotiate directly with a prospective purchaser or utilize any other appropriate means to sell the property.
(c) 
If the City determines that the real property has value only to an abutting owner of land because of the size, shape, topography, feature or restriction of the property, the City shall notify the abutting owner that the property is for sale to allow them an opportunity to submit an offer to purchase the property and/or to match any offer presented.
(d) 
Subject to the provisions of this chapter, all real property purchases and sales shall be pursuant to terms and conditions as approved by the City Council, except as provided in subsection (e) of this section.
(e) 
The purchase or sale of real property including easements and the granting or acquisitions of rights-of-way with a purchase or sale cost which does not exceed ten thousand dollars ($10,000) may be approved by the Mayor or designee and shall not require City Council approval.
(Ord. 4893 § 1, 2004; Ord. 5379 § 1 (part), 2019)
The leasing of real property by or to the City for a term which, including options, does not exceed two (2) years and rent or lease payments which do not exceed ten thousand dollars ($10,000) per year may be approved by the Mayor or designee and shall not require City Council approval.
(Ord. 4893 § 1, 2004; Ord. 5379 § 1 (part), 2019)
City Council approval of project budgets or condemnation proceedings for right-of-way, easement or other land acquisitions for street or road development or improvements shall constitute City Council approval for the purpose of BMC § 2.78.010.
(Ord. 4893 § 1, 2004; Ord. 5379 § 1 (part), 2019)
Prior to the sale or lease of City public utility real property, the City Council shall, by resolution, surplus and authorize the sale or lease of said property following a public hearing pursuant to the provisions of RCW 35.94.040.
(Ord. 4893 § 1, 2004; Ord. 5379 § 1 (part), 2019)
The sale or lease of parks property as designated in BMC § 13.12.020 shall be subject to the provisions of the Parks Protection Code, Chapter 13.12 BMC.
(Ord. 4893 § 1, 2004; Ord. 5379 § 1 (part), 2019)
Prior to the sale or lease of surplus City property having an estimated value of more than fifty thousand dollars ($50,000) to another governmental entity, the City Council shall hold a hearing following notice pursuant to the provisions of RCW 39.33.020.
(Ord. 4893 § 1, 2004; Ord. 5379 § 1 (part), 2019)
Pursuant to RCW 8.26.010(2), the City hereby elects not to comply with the provisions of RCW 8.26.035 through 8.26.115 regarding moving and related expenses when acquiring property in connection with a program or project not receiving federal financial assistance.
(Ord. 4893 § 1, 2004; Ord. 5379 § 1 (part), 2019)