The city council may, by resolution, direct the city to engage in a public bid process prior to the sale of city-owned real property. The procedures and criteria to be used in the public bid process for the sale of such property shall take into consideration the best interest of the city as well as the nature of the property to be conveyed or sold and shall be set forth in the resolution directing the specific bid process. In the absence of a resolution directing the use of a public bid process, the city is not required to engage in a public bid process prior to the sale of real property. In the case of any sale of city-owned real property, the city may sell the property upon whatever reasonable and lawful terms and conditions it determines are appropriate. The city shall reserve the right to reject any and all bids or proposals. (Ord. 2935-06 § 3, 2006.)