§ 2-240. Conditions to all sales.

(a)

Nothing in this division shall be construed to require the city council to accept any bid or offer, or be required to consummate any sale of any land or property interest or to give any person a vested right to compel the city either to abandon, vacate or dispose of any land or any easement or right therein, or to compel or require that the same be upon any particular or exact terms or consideration.

(b)

Any applicant under sections 2-237, 2-238 or 2-239 shall be required to make a cash deposit with the city equal to $300.00 plus the city's estimate of its cost to obtain appraisals of the land or property interest in question, or any re-appraisal thereof requested by or on behalf of the applicant, as reflected by the estimates of the cost to perform such work submitted by the appraisers selected by the city. All such appraisals or re-appraisals shall be obtained in the name of, and solely for the use and benefit of, the city. The $300.00 deposit, and the amount deposited for the first appraisal(s) only, shall be applied to the purchase price of the land or property interest under sections 2-237, 2-238 or 2-239 if the abandonment and sale is completed. The entire amount so deposited shall be forfeited by the applicant to the city the event the abandonment and sale is not completed.

(c)

Reserved.

(d)

Reserved.

(Code 1968, §§ 2-10, 2-11; Ord. No. 74-803, § 1, 5-15-74; Ord. No. 86-1582, § 1, 9-9-86; Ord. No. 88-171, § 4, 2-10-88; Ord. No. 92-984, § 1, 7-15-92; Ord. No. 08-664, § 2, 7-23-08)