§ 2-874. Information regarding property transactions to be furnished to council.

Latest version.

Any party executing any agreement, contract, or lease with the city for acquisition of real property from or by the city including leasing of real property either as lessor or lessee shall provide the city council with a sworn statement listing all owners or principles, including the basis for acquiring ownership or interest in the transaction, if the agreement involves an expenditure by or payment to the city of more than $50,000.00 or the exchange of real property where such property has an appraised valuation totaling $50,000.00 or more or such property can reasonably be construed to have a fair market value in excess of $50,000.00 or such agreement involves the payment of rent by either party in excess of $5,000.00 per year. The list shall be provided prior to the execution of any agreement, contract, or lease, relating to the property and shall be filed as a public record with the clerk of council.

(Code 1956, § 2-64.1)

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');