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After a property is deemed surplus City owned land, consideration for the sale or disposition of property <br /> depend on the criteria outlined below. <br /> (1) Ability to develop (utilities, size, stormwater, soils, roads, legal restrictions, etc.) <br /> (2) Public input and feedback regarding potential future development <br /> (3) Feasibility Report: <br /> All costs incurred by the City in order to sell surplus City owned land should be weighed <br /> against a payback to the City in property taxes; and land sale proceeds. This specific <br /> calculation, and the City's acceptance threshold may change on a project-to-project basis. <br /> (4) Any other reasonable cost determined by the City Council <br /> POLICY FOR THE SALE OF CITY OWNED LAND Page 2 of 7 <br />