ITEM TITLE:
#19-07 - Amending Title 4 of the Valdez Municipal Code by Creating Chapter 4.10, Titled Acquisition of Real Property. Second Reading. Adoption.
SUBMITTED BY: Sheri Pierce, MMC, City Clerk
FISCAL NOTES:
Expenditure Required: Click here to enter text.
Unencumbered Balance: Click here to enter text.
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RECOMMENDATION:
Public Hearing.
SUMMARY STATEMENT:
The Valdez City Charter requires that the City Council provide in the Municipal Code for the establishment of a procedure whereby the city may purchase, sell, lease or dispose of real property. The municipal code currently provides a procedure for selling and leasing city property but is silent regarding the acquisition of real property. This amendment to Title 4 creates a procedure for the city to follow when purchasing real property and will bring us into compliance with the City Charter.