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07/11/2011 ORIGINAL RESOLUTION NO. 15132 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY SUBMITTING CERTAIN CHARTER AMENDMENTS TO THE VOTERS AMENDMENTS FOR THE NOVEMBER 8, 2011 ELECTION WHEREAS, pursuant to the authority provided by Article XI, Section 3 of the Constitution, Section 34458 of the Government Code and Section 9255(a)(2) of the Elections Code of the State of California, the City Council of the City of Redwood City desires to submit to the voters proposed Charter amendments relating to the acquisition and disposal of property; and WHEREAS, under the provisions of the Redwood City Charter, and by its Resolution No. 15111, approved May 23, 2011, the City Council has called a municipal election on November 8, 2011 (the "Election "), and requested the assistance of the county elections office; and WHEREAS, the following is a summary of provisions of current Section 3 '/2 of the Charter, entitled, "Acquisition and Disposal of Property ": The section provides in pertinent part the conditions for acquiring property and for the sale and lease of property under the jurisdiction of the City Council and property under the jurisdiction of the Port Commissioners. Before purchasing real property worth $2,000 or more, the City must first publish a notice in the paper unless general law is to be used to condemn property or the property is needed in connection with a public improvement. Sale of City -owned real or personal property under the jurisdiction of the City Council requires a two -week published notice, an appraisal, and sale to the highest responsible bidder for no less than 90% of the assessed value at a public auction or sealed bids to the Council. This section also sets forth more specific conditions for sale of property depending on value: • City real property having an appraised value of two hundred and fifty dollars ($250) may be sold without public notice. • City personal property having a value of five thousand dollars ($5,000) may be sold without notice for any reasonable amount. • City real property having an appraised value of less than $75,000 may be authorized by 5 /7th vote of the City Council by resolution. • City real property having an appraised value in excess of $75,000 may be authorized only by ordinance adopted by 5 /7th vote of the City Council. • Any ordinance required by this section is subject to the referendum provisions of the Charter. The conditions for sale of City property under the Port's jurisdiction are the same for the sale of City property under the City Council's jurisdiction. ATTY /RESO.2146 /CHARTER AMENDMENT RESO # 15132 070611 1 MUFF # 307