[HISTORY: Adopted by the Common Council of the City of Mayville as indicated in article histories. Amendments noted where applicable.]
Article I Sale or Disposal of Real Property
[Adopted 4-12-2010 by Ord. No. 1023-2010]
Real property owned by the City may not be sold unless and until it is found and declared to be excess, unneeded, unnecessary and surplus to the needs of the City of Mayville by the recommendation of a joint committee, which includes the Finance Committee and the appropriate Committee of Jurisdiction (i.e., Public Works, Public Safety).
If the joint committee recommends selling the real property, the decision to sell the property must also be approved by the Common Council, and such approval shall require a 2/3 vote by the Common Council and be subject to the following conditions:
Real property with a market value of $1,000,000 or greater shall be offered for sale only after a public referendum. Should a public referendum support the disposal of said real property, the method of sale of the said property (i.e., advertisement, bids, listing, auction, gift in special cases, etc.) shall be determined by the Common Council.
Real property with a market value of less than $1,000,000 shall be offered for sale or disposal by the method approved by the Common Council (i.e., advertisement, bids, listing, auction, gift in special cases, etc.) after a public hearing.
In the case of streets, roads, alleys and other public rights-of-way, the property once removed from the public domain through vacation, decommission or other necessary means shall be offered first to adjoining private property owners by a method determined by the Common Council.