47-75 ORDINANCE NO. 47-75.
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
DELRAY BEACH, FLORIDA, AMENDING SECTION 7(2) (a)
OF THE CHARTER OF THE CITY OF DELP~Y BEACH AND
CREATING AN EXCEPTION TO THE REQUIREMENTS OF SAID
SECTION WHEN REAL PROPERTY IS BEING SOLD TO ANOTHER
GOVERNMENTAL AGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF DELRAY BEACH,
FLORIDA, AS FOLLOWS:
Section 1. That Section 7(2) (a) of the Charter of the City of Delray
'Beach, Florida~ b~ amended as follows:
Sec. 7 (2)
(a) That any real property sold by the City except real property
~i~g sold to another governmental agency shall be sold upon
the following conditions:
(1) That a base bid of a minimum of three-quarters of the
City's assessed valuation on any lot or parcel of land
proposed to be purchased, shall be deposited with the
City Clerk.
(2) The terms of such proposed sale and the base bid shall be
advertised once a week for at least two weeks in a
newspaper of general circulation published in the City of
Delray Beach.
(3) That any such lot or parcel shall be sold at public
auction at the City Hall of the City of Delray Beach.
(4) That all such sales shall be subject to approval by the
City Council, and in each case the bid of the highest
bidder complying with the terms and conditions set forth
in the notice of sale shall be accepted, unless the City
Council shall reject all bids.
(5) That the City Council may provide such other provisions as
it may deem necessary, provided such are not inconsistent
with th~ foregoing prov~ns~
PASSED AND ADOPTED in regular session on second and final reading on
this the 24thday of November , 1975.
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ATTEST:
J City Clerk
First Reading ..October 27, 1972
Second Reading November 24, 1975