§ 4.14. Sale and disposition of property.

(a)

The city council is hereby authorized to sell and convey any real or personal property owned or held by the City of Cartersville for governmental or any other purposes, except as otherwise limited by law; provided, however, no public utility owned or operated by the City of Cartersville shall be sold by the city council unless such sale shall be first approved by a three-fourths vote of all electors of the City of Cartersville. A special election shall be called and held for that purpose.

(b)

After public hearing the city council may quitclaim any rights it may have in property not needed for public purposes upon report by the city manager and adoption of a resolution finding (1) that the property is not needed for public purposes and (2) that the interest of the city has no readily ascertainable monetary value.

(c)

Whenever opening, extending or widening any street, avenue, alley or public place of the city, a small parcel or tract of land is cut off or separated by such work from a larger tract or boundary of land owned by the city, the mayor and council may authorize the execution and deliverance in the name of the city of a deed conveying said cut off or separated parcel or tract of land to an abutting or adjoining property owner or owners in exchange for rights-of-way of said street, avenue, alley, or public place or in settlement of any alleged damages sustained by said abutting or adjoining property owner. All deeds and conveyances heretofore and hereafter so executed and delivered shall convey all title and interest the city has in such property.