§ 2.41.050. Lease of real property by City.  


Latest version.
  • The City is authorized to lease real property from another entity. All leases of real property by the City must be authorized by a resolution enacted by the City Council, except as provided for below. The City may acquire leasehold interests through eminent domain.

    Notwithstanding the above, the City Administrator is delegated the full and complete authority to lease any real property if the rent, lease payments, license fees, or other consideration for the lease does not exceed one hundred thousand ($100,000.00) over the term of the lease, including any extension periods authorized under the lease. The City Administrator or his or her designee is authorized to negotiate and execute all documents necessary for the lease of such real property and take other actions necessary to complete such lease, provided that the funds have been appropriated for the lease. No further City Council action is required for such leases.

(Ord. No. 13287, § 2, 1-6-2015)