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., <br />??,. <br />? <br />Resolution No. 2007-53 <br />.£ <br />SECTION 3: That, upon completion of negotiations with a willing, ready and able <br />purchaser, the Mayor is authorized to execute a contract, and such other documents as are <br />required, to sell the said real property to such purchaser for a price that is no less than three- <br />quarters of the appraised value of the property. The contract shall be in a form and substance <br />that is not substantially adverse to the City and which is approved by the Director of Law. The <br />character of any such contract as not being substantially adverse to the City shall be evidenced <br />conclusively by the execution of the contract by the Mayor and the approval of the contract by <br />the Director of Law <br />SECTION 4: That this Resolution shall go into effect and be in force from and after the <br />earliest date provided for by law. <br />. ,? <br />PASSED: ? 021?? ? <br />First Reading: <br />Second Reading: <br />Third Reading: <br />Committee: <br />ATTEST: <br />B BARA L. SEMA KEV A. KENNEDY <br />Clerk of Council President of Council <br />APPROVED: <br />MAYOR THOMAS E. O' RADY <br />APPROVED AS TO FORM: <br />/s/James M. Dubelko <br />JAMES M. D UBELKO <br />Director of Law <br />2 <br />