Loading...
R1893ニニママチチテ*テ燃 E S O L U T I O N NO. 1893 父 WHEREAS, The Metropolitan St. Louis Sewer District is empowered by Plan Section 3.020(6) to sell and convey any real property no longer necessary or useful in its operations, and WHEREAS, the public interest will be served by the exercise of this power from time to time, and WHEREAS, the following procedure is hereby prescribed for the disposal of real property owned by the District; NOW, THEREFORE, BE IT RESOLVED by the Board of Trustees of The Metropolitan St. Louis Sewer District that: 1. The Board of Trustees shall determine, based upon the recommendation of the Executive Director, as the operations of the District indicate, whether any certain parcel of real property is no longer necessary or useful in the District's operations (hereinafter referred to as "surplus real property"). Upon the Board's determination that a certain parcel is surplus real property, the Executive Director may direct that it be sold or otherwise disposed of in accordance with this Resolution and/or as directed by the Board of Trustees. 2. Before surplus real property is sold, one or more appraisal(s) of its fair market value will be obtained from an independent, disinterested real estate appraiser(s) as follows: a.フ -フProperty with an estimated value of less than $10,000 will require a Letter Appraisal.゙-J゙ b.フ -フProperty with an estimated value of $10,000 to $50,000 will require one appraisal.゙-J゙ワhワ・ c.フ -フProperty with an estimated value of over $50,000 will require two appraisals.゙-J゙ フ フフフフフフ-フIn the event there is a variance between the high and low appraisal in excess of 10 percent, a third appraisal will be obtained to reconcile the difference.゙-J゙ 3. Surplus real property shall be sold to the highest bidder by open and public competition, either at public auction or through the solicitation of sealed bids. In either case, the District shall cause notice of the proposed sale to be published at least two times in a newspaper of general circulation published in the District, the final publication to be made at least ten days prior to the date of public auction or opening of the bids. In addition, the District may cause the same notice to be mailed or delivered to any persons believed by the District to have an interest in bidding for the property. Notwithstanding the foregoing, surplus real property may be sold by negotiation based on appraised value in any case in which (i) the purchaser is a public or governmental agency having power of eminent domain or (ii) the value of the property is not sufficient to meet the administrative costs of disposal, and the Board of Trustees has determined that such sale is in the best interests of the District and has authorized same, based upon the recommendation of the Executive Director. No surplus real property shall be sold at a value less than the lowest appraisal obtained. ・ 4. Surplus real property shall be leased to theワdワ highest bidder by open and public competition through the solicitation of sealed bids. The District shall cause notice of the proposed lease to be published at least two times in a newspaper of general circulation published in the District, the final publication to be made at least ten days prior to the date of opening of the bids. In addition, the District may cause the same notice to be mailed or delivered to any persons believed by the District to have an interest in bidding for the property. In the absence of bidders of property offered for lease, the District may lease by negotiation based on a lease value appraisal. Leases shall include a provision for indemnity and/or insurance to protect the District from liability. 5. Dispositions of surplus real property, including leases, shall be authorized by an ordinance duly adopted by the Board of Trustees. 6. Resolution No. 732, adopted July 23, 1964, is hereby repealed. The foregoing Resolution was adopted May 10, 1989.