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9.B. - Page 6 <br /> 1. Redwood City should consider holding property that: 11 <br /> 2. Redwood City should consider selling property that: 12 <br /> 3. Redwood City should consider leasing property if. 12 <br /> B. PROPERTY CATEGORIES FOR DISPOSITION PURPOSES 12 <br /> C. PROCESS FOR DISPOSAL PURSUANT TO SALE OR LONG -TERM LEASE 13 <br /> 1. Request for Proposals (RFP) 14 <br /> 2. Exclusive Negotiations. 14 <br /> 3. Broker Services. 15 <br /> 4. Competitive Sealed Bids. 15 <br /> D. GENERAL PROCEDURES 15 <br /> 1. Preliminary Site Identification and Investigation of Value 16 <br /> 2. Preliminary Title Report 16 <br /> 3. Determine Approach to Be Used for Disposal. 16 <br /> 4. Environmental Review. 16 <br /> 5. Surplus Land Act 16 <br /> 6. Negotiations and Agreement with Potential Purchaser or Lessee 17 <br /> 7. Planning Commission Determination 17 <br /> 8. Formal City Council Approval. 17 <br /> 9. Written Agreement 18 <br /> 10. Opening of Escrow. 18 <br /> 11. Record Grant Deed or Lease Agreement. 18 <br /> 12. Insurance. 18 <br /> 13. City Inventory. 18 <br /> 14. Long -Term Lease Procedures. 18 <br /> E. NON - PROFIT LEASES, SHORT -TERM LICENSES AND DISPOSAL OF CITY RIGHT -OF -WAYS 19 <br /> 1. Leases or Licenses with Non - Profit Organizations. 20 <br /> 2. Interim Uses. 20 <br /> 3. Right -of -Way. 21 <br /> F. USE OF FUNDS FROM SALE OR LEASE 21 <br /> ATTY /POLICIES /PROPERTY ACQUISITION AND DISPOSITION PROCEDURES FINAL <br /> REV: 09 -16 -13 PT <br /> Page 2 of 22 <br />