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A. A person may submit a written proposal to purchase or otherwise acquire borough land for a specified purpose. The proposal shall be reviewed by the planning commission and thereafter forwarded to the assembly for a determination of whether the proposal should be further considered and, if so, whether by direct negotiation with the original proposer or by competition after an invitation for further proposals. When a land exchange is proposed, the planning commission shall evaluate alternative sites, and shall make specific recommendations regarding exchanges prior to execution of the exchange.

B. Upon direction of the assembly by motion, the manager shall commence negotiations for the sale, or exchange or other disposal of borough land. The final terms of the disposal pursuant to this section are subject to approval by the assembly unless the minimum essential terms and the authority of the manager to execute the disposal are set forth in an ordinance enacted pursuant to this subsection.

C. If the final terms of the sale, exchange or other disposal of borough land are not set forth in an ordinance adopted by the assembly, after review by the planning commission and authorization by the assembly, the manager may conclude arrangements for the sale, or exchange or other disposal of borough land and submit the final contract to the assembly for approval by ordinance.

D. All costs such as but not limited to surveying, platting, appraisal, escrow, and recording fees associated with the transfer of borough land by negotiated sale or land exchange shall be paid by the proposer. (Ord. 21-07-586 § 5)