[HISTORY: Adopted by the Common Council of the City of Rensselaer
as indicated in article histories. Amendments noted where applicable.]
CHARTER REFERENCES
Disposition of real estate or franchises — See § 88.
Sale of real property to satisfy tax liens — See
Title IX.
Arrears sale — See Title X.
GENERAL REFERENCES
Taxation — See Ch. 155.
[Adopted 12-2-1987 by Res. No. 185; amended in its entirety 5-21-2008 by L.L. No.
2-2008]
It henceforth shall be the policy of the City of Rensselaer
to offer for sale vacant land acquired by in rem foreclosure to abutting
landowners at fair value, subject to such terms and conditions as
may be deemed appropriate on a case-by-case basis by the Common Council,
as long as such abutting landowners are in good standing with the
City, meaning, more specifically, that such abutting landowners are
not delinquent on their property taxes or in violation of any applicable
codes, rules and regulations of the City of Rensselaer. Such offer
of sale to abutting landowners must be accepted in writing to the
City Clerk within two weeks of the date of offer, and sale must be
completed within 60 days of the date of offer. In the event that more
than one abutting landowner files a timely written acceptance, the
City shall conduct a limited bidding process consisting of the interested
abutting landowners, with sale to be to the highest bidder thereat.
In the event that no written timely acceptance is filed by any abutting
landowner, the Common Council may thereafter administer and/or sell
such vacant land in such manner as the Common Council deems to be
in the best interests of the City of Rensselaer. This article shall
not apply to any properties containing a structure thereon. Any properties
containing a structure thereon shall not be required to be offered
to abutting landowners prior to administration and/or sale thereof.
