Action of council.
Richmond, Va., City Code § 8-65
in effectSec. 8-65. - Action of council.
(a) Requirement for Council action. No City-owned real estate shall be sold unless and until the Council has declared the real estate to be surplus real estate and adopted an ordinance directing the sale of the real estate to the purchaser.
(b) Contents of ordinance directing sale of real estate. Any ordinance directing the sale of surplus real estate to a purchaser shall contain the following information in the text of the ordinance:
(1) Sufficient information to identify the real estate being sold;
(2) The name of the purchaser;
(3) The amount such purchaser proposes to pay for the real estate;
(4) Any conditions of the purchase that the patron deems appropriate; and
(5) Either a declaration that the real estate being sold is surplus real estate or a reference to a prior resolution declaring such real estate to be surplus real estate.
Such ordinance shall direct the Chief Administrative Officer to execute the deed, which must first be approved as to form by the City Attorney, and any other documents necessary to consummate the sale of the real estate on behalf of the City.
(c) Options. With regard to the sale of surplus real estate by any means authorized under this article, the Council may take action to do any of the following:
(1) Authorize the sale of City-owned real estate to the purchaser recommended by the patron of the ordinance directing the sale of real estate to the purchaser by adopting such ordinance, which the Council may, if it chooses, amend to add, modify or remove conditions imposed on the purchase as permitted by the article;
(2) Refuse to authorize the sale of City-owned real estate to the purchaser recommended by the patron of the ordinance directing the sale of real estate to the purchaser by rejecting such ordinance; or
(3) Reject all responses to the solicitation and direct the Chief Administrative Officer to issue a new solicitation for the City-owned real estate by adopting a resolution to that effect.
(d) Considerations by Council. The Council may consider any of the following before exercising any of the options in Subsection (c) of this section:
(1) The amount of the offer, bid or proposal;
(2) The amount at which the City Assessor has appraised the property;
(3) The tax status and financial ability of the offeror, bidder or proposer;
(4) The amounts of any other appraisals of the property;
(5) The current use of the property;
(6) The offeror's proposed use of the property;
(7) The effect of the offeror's proposed use on other properties in the vicinity;
(8) Any evaluation factors in a request for proposals, if applicable;
(9) The conditions, if any, to be imposed on the purchase; and
(10) Any other considerations the Council deems relevant.
(Code 2004, § 26-86; Code 2015, § 8-65; Code 2020, § 8-65; Ord. No. 2005-282-270, § 2, 12-12-2005)
Source: City of Richmond, Virginia, Code (2026 recodification) and Charter (Municode Library, library.municode.com)URL: https://library.municode.com/va/richmond/codes/code_of_ordinances?nodeId=PTIICICO_CH8CINEREES_ARTIIISAREES_S8-65ACCOFetched: 11/8/2026