(a)Except as otherwise provided in subsection (b) of this
section and W.S. 15-1-113(a), before the sale of any property of
any city or town valued at five hundred dollars ($500.00) or
more, an advertisement of the intended sale, describing the
property and the terms of the sale, shall be published at least
once each week for three (3) consecutive weeks in a newspaper
having general circulation in the community, announcing a public
auction or calling for sealed bids for purchase of the property.
The property shall be sold to the highest responsible bidder,
unless the governing body of the city or town rejects all bids.
The responsibility of the bidders shall be determined by the
governing body of the city or town.
(b)Any city or town, upon terms the governing body
thereof determines, with
Free access — add to your briefcase to read the full text and ask questions with AI
(a) Except as otherwise provided in subsection (b) of this
section and W.S. 15-1-113(a), before the sale of any property of
any city or town valued at five hundred dollars ($500.00) or
more, an advertisement of the intended sale, describing the
property and the terms of the sale, shall be published at least
once each week for three (3) consecutive weeks in a newspaper
having general circulation in the community, announcing a public
auction or calling for sealed bids for purchase of the property.
The property shall be sold to the highest responsible bidder,
unless the governing body of the city or town rejects all bids.
The responsibility of the bidders shall be determined by the
governing body of the city or town.
(b) Any city or town, upon terms the governing body
thereof determines, without advertising the sale or calling for
bids, and after a public hearing, notice of which shall include
the appraised value of all real properties involved and notice
of proposed terms of any contract with an independent agency
pursuant to paragraph (iii) of this subsection and is published
at least once each week for three (3) consecutive weeks in a
newspaper of general circulation in the county in which the city
or town is located, may:
(i) Sell any property to:
(A) The state of Wyoming for the use of any
agency or instrumentality thereof;
(B) Any agency or instrumentality of the state
or federal government authorized to hold property in its own
name;
(C) Any political subdivision of the state;
(D) Any person acquiring the property for a use
which the governing body determines will benefit the economic
development of the municipality.
(ii) Trade any real property the city or town owns
for any other real property;
(iii) Contract with an independent agent to sell
individual parcels of land for development as reasonable cost
housing alternatives for prospective homeowners, provided the
parcels have not been previously developed beyond the
installation of basic utilities and a foundation.