If the city council decides to sell real property pursuant to this chapter, the city manager, or the city manager’s designee, shall prepare a request for bids to buy the subject real property. A notice shall be published of the proposed disposition of city real property interest. Such notice shall be published in one or more newspapers of general circulation in Curry County, and in any other publication which the city administrator deems advisable, considering any unique circumstance surrounding the subject real property. The notice shall be published not less than once a week, for three successive weeks. The published notification shall include the following:
A. A general description of the city real property interest subject to disposition, including a legal description;
B. The minimum asking price. The minimum asking price shall be determined after considering an appraisal of the real property or other information which the city manager deems appropriate, including a consideration of the costs of sale of the property;
C. The name and address of the person to contact to obtain any additional information concerning the city real property interest;
D. A request for proposals, including the address to which the proposal must be delivered and the date and time the proposal is due, which shall not be less than 30 days from the date of the first notice;
E. A requirement that a security deposit in the amount and form required by this chapter be submitted with the proposal;
F. A reservation of the right of the city to accept or reject any proposal; and
G. Any other information the city manager deems desirable to include in the notice.
In addition to the above notice requirements, the city manager shall also cause notices to be sent, containing the same information as required above, to the owners of real property directly adjoining the city owned real property proposed to be sold. Such notices shall be sent by regular mail to the person, persons or entity listed in the records of Curry County, Oregon, purporting to be the owner in fee title to the real property directly adjoining the city owned property to be sold. Failure of any person or entity with an ownership interest in said adjoining real property to receive the notice of the proposed sale of the subject city owned real property shall not invalidate or impede any subsequent sale of the city owned real property.
(Ord. 12-O-700 § 2; Ord. 18-O-772 § 2 (Exh. A))