§ 4.02.040. Sales not subject to this chapter.

The following conveyances shall not be subject to the provisions of this chapter:

A.

Sale of real property or an interest therein having a reasonable market value of $10,000.00 or less, as determined by the city manager and approved by the said city council;

B.

Quitclaim or other release of any real or apparent interest of city made for the purpose of clearing title to real property owned by others, upon payment of a consideration reasonably equal to the city's presumed interest and costs of conveyance;

C.

Quitclaims to the record owner redeeming property from a tax sale to the city;

D.

Sale or exchange of real property or an interest therein to the United States of America, state, county, school district or other public body within the county;

E.

Sale of any right to receive electric energy on a basis reflective of reasonable value;

F.

Sale to an adjoining landowner of surplus residentially zoned real property which is less than one half the minimum lot area and width required or is found by the said board to be so impaired in configuration as to be unbuildable as a separate parcel;

G.

Sale to a lessee or sublessee of real property which is owned by the city and subject to a long-term lease; provided, that the sale is negotiated on the basis of seeking the highest monetary return to the city for the city's interest in the property. For purposes of this subsection, a "long-term lease" means property subject to a leasehold interest with not less than 15 years remaining for the term of lease.

(Ord. 6996 § 1, 2004; Ord. 6097 § 1, 1985; Ord. 5581 § 1 (part), 1982)