§ 2.42.060. Sale price.

Latest version.

Real property must be sold for a price, payable in cash or other consideration, equal to or exceeding the property's fair market value as determined by an appraisal, unless either (1) the City Council has made a finding and determination that the sale of the property for less than fair market value is in the best interests of the City, or (2) a state or federal government agency requires the sale of the property for less than fair market value.

(Ord. No. 13287, § 3, 1-6-2015)

                    
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