The purpose of this chapter is to fix fees and establish procedures
for the orderly administration of city processes when private individuals
solicit the city to place municipally owned real estate, not needed for public
use, up for sale pursuant to the New Jersey Local Lands and Buildings Law. The further purpose of this chapter is to ensure that the city
is compensated for its time and costs when private individuals petition the
city to place up for sale municipally owned property, not needed for public
use, pursuant to the provisions of the New Jersey Local Lands and Buildings
Law, and specifically N.J.S.A. 40A:12-13.
Any individual who seeks to have the City of Pleasantville place any city-owned property, not needed for public use, up for sale pursuant to the provisions of N.J.S.A. 40A:12-13 shall first obtain from the City Tax Assessor's office a bid for city property form. The individual shall then complete this form and return it to the Tax Assessor's office, together with a fee in the amount of $100. The disposition of the fee shall be governed exclusively by the provisions of §
219-3 below.
When the municipally owned property sought to be sold is actually placed
up for sale by the city, disposition of the bid form fee shall be as follows:
A. In the event that the individual who paid the bid form
fee does not bid, and/or there are no other bidders, the bid form fee of $100
shall be forfeited to the city to cover the costs incurred by the city in
preparing the necessary paperwork and in taking the necessary steps to place
the property up for sale.
B. In the event that the individual who paid the bid form
fee bids on the property and there are no other bidders, and said individual
is successful in purchasing the property, the initial bid form fee shall be
applied, at the time of settlement, to the final purchase price and/or any
other settlement costs. At the time of the actual bid, however, the bid form
fee shall not be applied against the required down payment to ensure that
all bidders will be equally treated at auction.
C. In the further event that an individual other than the
person who has paid the bid form fee is successful in purchasing the property,
the bid form fee of $100 will be returned by the Tax Assessor, thereafter,
to the individual who has paid that initial fee to the Tax Assessor.