16 P.S. § 5506 Authority to Sell Or Lease Real Property

• Library: Pennsylvania Statutes
• Edition: 2023
• Currency: Current through P.A. Acts 2023-21
• Year: 2023
• Citation: 16 P.S. § 5506

(a) The board of commissioners may sell for not less than the fair market value or lease, either as lessor or lessee, any real property belonging to the county or to others where the county is lessee. If the commissioners know or have reason to believe that the property to be sold contains oil, gas, coal, stone, timber or other mineral or forest products of commercial value, such knowledge or belief shall be advertised together with the description of the land in at least two newspapers of general circulation in the county once a week for three consecutive weeks. The fair market value of real property in the case of a sale valued in excess of ten thousand dollars ($10,000) shall be determined by the county commissioners in consultation with two of the following: the county assessor, a certified broker-appraiser or certified real estate appraiser doing business within the county.

(a.1)

(1) The provisions of subsection (a) shall not be mandatory where county real property is to be sold to any of the following:

(i) A city, borough, town, township, institution district, school district, volunteer fire company, volunteer ambulance service or volunteer rescue squad located within the county.

(ii) A municipal authority pursuant to 53 Pa.C.S. Ch. 56 (relating to municipal authorities).

(iii) A nonprofit corporation or limited partnership in which a nonprofit corporation is a general partner and managing agent engaged in community industrial, commercial or affordable housing development or reuse for its exclusive use for industrial, commercial or affordable housing development. This exemption shall not apply to property owned and operated by a county or subcontracted or operated on behalf of a county in order to conduct existing government functions.

(iv) A person for his exclusive use in an industrial development program.

(v) A nonprofit corporation organized as a public library for its exclusive use as a library.

(vi) A nonprofit medical service corporation for its exclusive use as a site for a medical service facility.