193.070. ����� (3) Not earlier than five days after publication of the notice, the public hearing concerning the sale shall be held at the time and place stated in the notice. Nothing in this section

193.070.

����� (3) Not earlier than five days after publication of the notice, the public hearing concerning the sale shall be held at the time and place stated in the notice. Nothing in this section prevents a city council from holding the hearing at any regular or special meeting of the city council as part of its regular agenda.

����� (4) The nature of the proposed sale and the general terms thereof, including an appraisal or other evidence of the market value of the property, shall be fully disclosed by the city council at the public hearing. Any resident of the city shall be given an opportunity to present written or oral testimony at the hearing.

����� (5) As used in this section and ORS 221.727, �sale� includes a lease-option agreement under which the lessee has the right to buy the leased real property in accordance with the terms specified in the agreement. [1983 c.216 �1; 2005 c.22 �164; 2021 c.624 �3]

����� Note: 221.725 and 221.727 were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 221 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

����� 221.727 Alternative procedure for sale of city-owned real property; public notice and hearing. Notwithstanding ORS 221.725, a city council may adopt, after public notice and hearing, a procedure for the sale of individual parcels of a class of city-owned real properties, or any interest therein, under a single program established within the city for the sale of that class of properties. The city may thereafter sell any parcel under that adopted procedure in lieu of the procedure under ORS 221.725. [1983 c.216 �2]

����� Note: See note under 221.725.

����� 221.729 Sale of city-owned real property to develop affordable housing; proposal process; covenant required. (1) As used in this section, �low income household� and �moderate income household� have the meanings given those terms in ORS 456.270.

����� (2) Notwithstanding ORS 221.725, and in lieu of a program established under ORS