[HISTORY: Adopted by the Council of the City of Rye 6-17-1981 as L.L. No. 2-1981. Amendments noted where applicable.]
Any real property belonging to the city or in the control of the city may be leased, sold or otherwise alienated at public or private sale. No lease, sale or other alienation at public action shall be authorized, except by a vote of a majority of all the members of the Council, and no lease, sale or other alienation at private sale shall be authorized except by a vote of 2/3 of all the members of the Council.
Real property belonging to the city leased, sold or otherwise alienated by public sale shall be at public auction by the City Comptroller to the highest bidder after public notice published at least once a week for two successive weeks in the official newspaper of the city. The public notice shall contain a reservation of the right of the Council to reject any and all bids, and a description of the property by street address, Tax Map or survey map shall be deemed sufficient description in such public notice.
Real property belonging to the city may be sold, transferred, leased to or exchanged with any municipal corporation, school district or fire district or the State of New York or the United States Government at or for such consideration and upon such terms as the Council may determine, in its discretion.
The phrase "real property belonging to the city" as used in this chapter shall not include real property acquired by the city upon the foreclosure of any tax or assessment lien or the transfer of such lien.