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(rs,) 360 <br /> July 29,1981 <br /> interests of the City would be served by the sale Property for <br /> less <br /> resolutionthan current market value,then.the City Council ydeclare <br /> the particular City interest to be served thereby. Such resolution <br /> allrequire a majority <br /> us one of t.full City <br /> event shall the salCouncil <br /> sale price a less than 908 of the current market value, <br /> Section Exchange The City of Everett may at its option exchange or <br /> rties with other <br /> ement agencies,Private cp ions or indi- <br /> viduals n <br /> iduaals con r cone A. The area exchanged to the City a equal to or <br /> than the <br /> area conveyed <br /> dheh <br /> e The varve tppf <br /> exchanged <br /> greater value the property conveyed <br /> 1, f e exchanged to <br /> eueeiy valueofthe <br /> conveYed <br /> City, <br /> accept a a t <br /> which <br /> will offset difference an value. <br /> In accordance with thp of <br /> RCW 39.33,the Inter-governmental <br /> Disposition of Property Act,any sale,lease.or <br /> 9e nye <br /> City-owned <br /> property subdivision shall be <br /> accomplished accordance such statute. <br /> Section <br /> sealed is sold at auction or by b owing <br /> requirementsdeposit Unless specifically recommended by the Real <br /> ;OS. Property Manager and authorized <br /> Y Y <br /> bidding all value of <br /> lope <br /> e <br /> • <br /> or if the property is to be disposed of bY the sealed; Process <br /> or greater thou the appraised value of the parcel shbe <br /> • <br /> a Bid roc s In the e of sealed bias,a submitted of$1,000 or <br /> must be aaccompani. P form acashier <br /> f payable he C1 amount. Where.s <br /> id <br /> I- <br /> SOP <br /> • amount.;• within 30 days from the date the hide the full 308 ity <br /> authorizes the sale of <br /> lus property by Real Estate Contract. We <br /> • d process. <br /> • Unless otherwise authorized, ed <br /> of at auction sh.11 begin at the appraised value fixed in question. Where property is sold at auction the or must immediately tender a cash deposit or <br /> R. <br /> of t purchase price if suchprice is r(lessachecked equal <br /> than)$1,000. when <br />