4.30.010 Real property – Manager’s acquisition authority.
A. The city manager or designee is authorized to accept by gift or acquire dedications, easements, rights-of-way, fee estates or other interests in real property for use by or on behalf of the city or any department of the city; provided, that the cost of the property is less than $350,000 and the purchase price does not exceed the fair market value of the property as determined by the city’s appraiser or review appraiser by more than: (1) $10,000, or (2) 10 percent of such fair market value, whichever is greater.
B. All other real property acquisitions not authorized in advance will be submitted to the council for approval.
C. The city manager or designee shall have the authority to promulgate policies, standards and operational procedures governing all city real property transactions. (Ord. 6728 § 8, 2023; Ord. 6188 § 1, 2014; Ord. 5012 § 1, 1997; Ord. 4002 § 2, 1989.)