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The finance director shall transmit a county tenancy report annually to the council by <br /> Juiv 31. The county tenancy report shall list the name of the tenant purpose location <br /> address and tax map key number type of tenancy term of tenancy payment fee status of <br /> reportme and payments s~~mficant improvements by tenant and any other information <br /> the couna] or finance director may request " <br /> SEC'T'ION 2. Chapter 2, Article 19, Section 2-114 is amended to read as follows: <br /> "Section 2-114. Sale or lease by negotiation. <br /> (a) Real property may be sold or leased through negotiation upon a finding by the council <br /> that the public interest demands it and upon approval of the minimum conditions and <br /> selection criteria ofthe council <br /> <br /> (b) After a determination is made to negotiate the disposition, the finance director shall: <br /> (1) Give public notice, in accordance with the procedure set forth in section 2-1 16 of <br /> the County~s intention to sell or lease real property through negotiation setting <br /> forth the minimum conditions thereunder. <br /> (2) Establish reasonable criteria for the selection of the buyer or lessee. <br /> (3) Determine the applicants who meet the criteria for selection, and notify all <br /> applicants of ~~his] the determination. Any applicant may examine the basis of the <br /> determination, which shall be in writing, to ascertain whether or not the <br /> conditions and criteria established were followed; provided that if any applicant <br /> does not notify the finance director of [his] the applicant's objections, and the <br /> grounds therefor, in writing within twenty days of the receipt ofthe notice, [hey <br /> the applicant shall be barred from proceeding to seek legal remedy for any alleged <br /> failure of the finance director to follow the conditions and criteria. <br /> (4) If only one applicant meets the criteria for selection of the buyer or lessee, the <br /> finance director may, after notice as provided in subsection (b)(3) of this section, <br /> dispose of the real property by negotiation. If two or more applicants meet the <br /> criteria for the selection of the buyer or lessee, the finance director shall select the <br /> buyer or lessee who submits the highest offer contained in a sealed bid deposited <br /> with the finance director. <br /> The council may require in the initial resolution that the neeotiated at?reement be <br /> accepted by the council." <br /> <br />