50-1401. REAL PROPERTY OWNED BY CITIES — METHOD OF CONVEYANCE OR EXCHANGE. It is the intent of this chapter that cities of the state of Idaho shall have general authority to manage real property owned by the city in ways which the judgment of the city council of each city deems to be in the […]
50-1402. DECLARATION OF VALUE OF PROPERTY. Whenever the city council proposes to convey, exchange or offer for sale any real property, it shall first declare the value or minimum price, if any, it intends to receive as a result of such conveyance or exchange. The city council may contract for or provide that the property […]
50-1403. DISPOSITION AFTER HEARING. After a public hearing has been conducted, the city council may proceed to exchange, convey or offer for sale the real property in question, subject to the restrictions of section 50-1401, Idaho Code. The city council shall be governed by the following provisions: (1) When the property is offered for sale, […]
50-1404. TERMS OF SALE. Real property may be sold for cash or on contract for a period not exceeding ten (10) years, with a rate of interest on all deferred payments as determined by the city council. The title to all property sold on contract shall be retained in the name of the city until […]
50-1405. CONVEYANCE — DISPOSITION OF PROCEEDS. The proceeds received from the sale or exchange of property shall be utilized in a manner consistent with provisions of law regarding revenues received by the city. History: [50-1405, added 2001, ch. 331, sec. 6, p. 1163.]
50-1406. DISPOSAL OF LAND ACQUIRED BY FORECLOSURE — EXCESS PROCEEDS. Should real property be acquired as the result of a foreclosure of any improvement lien, or where a deed has been made and executed by the owner to the city in satisfaction of an improvement lien, and thereafter bring more than is assessed against the […]
50-1407. LEASES. The mayor and council may, by resolution, authorize the lease of any real or personal property not otherwise needed for city purposes, upon such terms as the city council determines may be just and equitable. History: [50-1407, added 2001, ch. 331, sec. 8, p. 1164.]
50-1408. DISPOSAL OF LAND ACQUIRED BY FORECLOSURE — EXCESS PROCEEDS. Should the property acquired as the result of a foreclosure of any improvement lien, or where a deed has been made and executed by the owner to the city in consideration of such improvement lien, bring more than is assessed against the same together with […]
50-1409. LEASES. The mayor and council may, by resolution, authorize the lease of any property not needed for city purposes, upon such terms as may be just and equitable. The provisions of sections 50-1401 through 50-1409 shall not apply to the vacation or discontinuance of streets, highways, avenues, alleys or lanes annulled, vacated or discontinued. […]
