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HomeMy WebLinkAboutOrdinance #2380 ORDINANCE N0. 2380 AN ORDINANCE OF THE CITY OF HUNTINGTON BEACH AMENDING THE HUNTINGTON BEACH MUNICIPAL CODE BY ADDING SUBSECTION (d) TO SECTION 3.06.010 PROVIDING FOR SALE AND EXCHANGE OF SURPLUS, CITY-OWNED REAL PROPERTY The City Council of the City of Huntington Beach does ordain as follows: SECTION 1. The Huntington Beach Municipal Code is hereby amended by adding subsection (d) to Section 3. 06.010 to read as follows: 3.06. 010 Sale and exchange of surplus, city-owned real property. The following procedure shall be applicable to the sale to nongovernmental entities of surplus real property owned by the city: (a) After adoption of a resolution declaring real property as surplus and directing its sale, the city shall obtain an appraisal of the property and shall advertise the sale of such property and solicit sealed bids stating in the advertisement a description of the property, the minimum bid acceptable to the city, which shall not be less than the appraisal value, the deadline for submission of the bids and the time and place for opening said bids , and other appropriate terms and conditions of sale. Each bid shall be accompanied by a deposit by cashier' s check, cash or postal money order in an amount not less than 10 percent of the amount of the bid. (b) At the time and place designated for opening the bids, the city shall receive oral bids ; provided, however, that the initial oral bid shall be a minimum of 5 percent in excess of the highest sealed bid. The property shall be sold to the highest bidder, who shall immediately deposit by cash, cashier' s check or postal money order, or any combination thereof, an amount not less than 10 percent of the amount of the successful bid. (c) The sale of the property shall be subject to the terms and conditions of sale and upon receipt of the deposit , the sale shall be final and the deposit nonrefundable. Within ten (10) 1. WSA:bc 5/25/79 days of sale, the buyer shall make payment in the full amount of the purchase price to city for all sales of $25, 000 or less ; for sales in excess of $25, 000, the buyer shall make payment in full within thirty (30) days of sale. Should the buyer fail to pay the full amount of purchase price within the time required herein, the sale shall be subject to cancellation by city and the buyer shall forfeit his deposit . The city shall pay no real estate commission or finder's fee. (d) When in the opinion of the City Council it appears to be in the best interest of the city to exchange city-owned real property for other real property, the City Council shall cause to have prepared the resolution and appraisal provided for in subsection (a) hereof. A property exchange may then occur with money or other valuable consideration providing the difference in respective property values to either exchanger and no bid or advertising requirement is imposed in any real property exchange transaction hereunder. Provisions for cancellation and payment for such exchange of real property shall be as provided in sub- section (c ) of this section. SECTION 2. This ordinance shall take effect thirty days after its adoption. The City Clerk shall certify to the passage of this ordinance and cause same to be published within fifteen days after adoption in the Huntington Beach Independent , a news- paper of general circulation. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 18th day of .7nne 1979. fi Mayor ATTEST: APPROVED AS TO FORM: City Clerk City Attorney INITIATED AND APPROVED: 01 ty Administrator 2. Ord. No. 2380 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) as: CITY OF HUNTINGTON BEACH ) I, ALICIA M. WENTWORTH, the duly elected, qualified City Clerk of the City of Huntington Beach and ex-officio Clerk of the City Council of the said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing ordinance was read to said City Council at a regular meeting thereof held on the . 4th day of June 19 79 , and was again read to said City Council at a regular meeting thereof held on the 18th day of June , 1979 and was passed and adopted by the affirmative vote of more than a majority of all the members of said City Council. AYES: Councilmen: Pattinson, Thomas, Mandic, MacAllister, Bailey, Yoder, Finley NOES: Councilmen: None ABSENT: Councilmen: None City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California I, Alicia M. Wentworth CITY CLERK of the City of Huntington Beach and ex-officio Clerk of the City Council, do hereby certl`y ttrat a synopsis of this ordinance has been published in the Huntington Beach In.�`e� =dent on pp �y / ^� ... .Q..........:... 19..7..E.... In accor r.Ce isith the Cit Charter of said City. ALICIA M. WENTWORTN _.._...................._.......................... — City Clerk .............. .. ..... ......... ... ... ........ Deputy City Clerk