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6.3.E. - Page 3 <br />RESOLUTION NO. <br />Exhibit 1 <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD <br />CITY SUBMITTING CERTAIN CHARTER AMENDMENTS TO THE <br />VOTERS AMENDMENTS FOR THE NOVEMBER 8, 2011 ELECTION <br />WHEREAS, pursuant to the authority provided by Article XI, Section 3 of the <br />Constitution, Section 34458 of the Government Code and Section 9255(a)(2) of the <br />Elections Code of the State of California, the City Council of the City of Redwood City <br />desires to submit to the voters proposed Charter amendments relating to the acquisition <br />and disposal of property; and <br />WHEREAS, under the provisions of the Redwood City Charter, and by its <br />Resolution No. 15111, approved May 23, 2011, the City Council has called a municipal <br />election on November 8, 2011 (the "Election "), and requested the assistance of the <br />county elections office; and <br />WHEREAS, the following is a summary of provisions of current Section 3 % of <br />the Charter, entitled, "Acquisition and Disposal of Property ": <br />The section provides in pertinent part the conditions for acquiring property and <br />for the sale and lease of property under the jurisdiction of the City Council and property <br />under the jurisdiction of the Port Commissioners. <br />Before purchasing real property worth $2,000 or more, the City must first publish <br />a notice in the paper unless general law is to be used to condemn property or the <br />property is needed in connection with a public improvement. <br />Sale of City -owned real or personal property under the jurisdiction of the City <br />Council requires a two -week published notice, an appraisal, and sale to the highest <br />responsible bidder for no less than 90% of the assessed value at a public auction or <br />sealed bids to the Council. This section also sets forth more specific conditions for sale <br />of property depending on value: <br />• City real property having an appraised value of two hundred and fifty dollars <br />($250) may be sold without public notice. <br />• City personal property having a value of five thousand dollars ($5,000) may be <br />sold without notice for any reasonable amount. <br />• City real property having an appraised value of less than $75,000 may be <br />authorized by 5 /7th vote of the City Council by resolution. <br />• City real property having an appraised value in excess of $75,000 may be <br />authorized only by ordinance adopted by 5 /7th vote of the City Council. <br />• Any ordinance required by this section is subject to the referendum provisions of <br />the Charter. <br />The conditions for sale of City property under the Port's jurisdiction are the same for <br />the sale of City property under the City Council's jurisdiction. <br />ATTY /RESO.2146 /CHARTER AMENDMENT <br />070611 1 <br />