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A. CIP Projects. The Public Works Director, or City Engineer, shall have authority to acquire interests in real property that are necessary for the construction, repair, operation, or maintenance of City facilities without City Council approval; provided, that:

1. A CIP project has been established for the construction, repair, operation, or maintenance of City facilities and funds have been appropriated to that CIP budget;

2. Sufficient funds are available in the approved CIP budget to acquire the real property interest(s) and the use of such funds will not materially impact the City’s ability to fully implement the CIP project with the remaining funds;

3. The purchase price for the real property interests being acquired does not exceed $100,000 per parcel; and

4. The purchase price for the real property interests being acquired does not exceed 125 percent of the appraised value of the interests to be acquired.

B. Notwithstanding the limitation in subsection (A)(4) of this section, the purchase price may exceed 125 percent of the appraised value of the real property interests to be acquired where subsections (A)(1) through (3) of this section have been satisfied and the purchase is approved by the City Manager. This section does not apply to acquisitions of real property interests by eminent domain. (Ord. 3500 § 1, 2021).