[HISTORY: Adopted by the City Council of the City of Corning 2-1-1954. Amendments noted where applicable.]
Except as herein provided, all sales or leases of City-owned real estate shall be subject to the provisions of § 23 of the General City Law of the State of New York, and no such sale or lease shall be made or authorized except by a vote of 3/4 of all of the members of the City Council.
[Amended 8-7-2000]
The City Council may by resolution sell, convey, exchange, grant or release any City real estate at public or private sale, and grant rights or interests in, over, under and across any real property in which the City has any right, title or interest for such consideration and upon such terms and conditions as the City Council may deem proper.
[Amended 8-7-2000]
Public notice of any public sale shall be published at least once each week for three weeks, so that at least 21 days shall have elapsed between the date of the first publication and the date of the sale, in the newspaper having the highest paid circulation within the City of Corning. Such notice of sale shall set forth the time and place of such public auction, the general terms thereof and a brief description of the property to be sold, together with any general or specific restrictions with respect to said property. Incorporation of the provisions of this chapter by reference in such notice of sale shall be deemed sufficient.
[Amended 8-7-2000; 2-6-2004[1]]
All public sales or leases shall be held under the direction of the Superintendent of Public Works upon terms and conditions fixed by him/her and which shall include, but not be limited to, the following general terms and conditions:
A. 
Ten percent of the purchase money for said premises shall be required to be paid to the City Finance Director at the time of sale, for which a receipt shall be given.
B. 
The residue of the purchase money shall be required to be paid to the City Finance Director at his/her office in City Hall in the City of Corning, New York, on the 10th day following the sale, unless some other place and/or date shall be fixed by the Finance Director, when the City of Corning's deed, as approved by the City Attorney, will be ready for delivery.
C. 
The Finance Director shall not be required to send any notice to the purchaser, other than the closing date and place, and if the purchaser neglects to call at the time and place specified to pay the residue of the purchase money and to receive his/her deed, he/she will be charged with interest thereafter on the whole amount of his/her purchase, unless the Finance Director shall deem it proper to extend the time for the completion of said purchase.
D. 
All taxes, assessments, water rates, and other encumbrances which, at the time of sale, are liens or encumbrances upon said premises will be allowed by the Finance Director out of the purchase money, provided that the purchaser shall, previous to the delivery of the deed, produce to the Finance Director proof of such liens and duplicate receipts for the payments thereof.
E. 
The purchaser of said premises, or any portion thereof, shall, at the time and place of sale, sign a memorandum of his/her purchase and an agreement to comply with the terms and conditions of the sale.
F. 
The biddings shall be kept open after the property is struck down, and in case any purchaser shall fail to comply with any of the above conditions of sale, the premises so struck down to him/her shall be again put up for sale under the direction of the Superintendent of Public Works of the notice of sale and under the same terms of sale; and such purchaser shall be liable for and forfeit to the City the 10% deposit made by him/her, which shall be and become the property of the City, as and for its liquidated damages.
[1]
Editor's Note: This legislation also repealed former § 13-4, Approval by Mayor, and renumbered former §§ 13-5, 13-6 and 13-7 as §§ 13-4, 13-5 and 13-6, respectively.
The City Council may, in its discretion, make or authorize a sale or lease of City-owned real property, acquired through tax proceedings or by purchase of the county's tax title, without compliance with the provisions of this chapter upon such terms and conditions as it deems in the best interests of the City.
The provisions of this chapter shall not apply to the City's annual tax sales.