Section 2.163
The village shall not sell any real property, or any interest therein, unless the village council first receives an appraisal report concerning the fair market value of the real estate interest which is proposed to be transferred. The appraisal report shall be prepared by a qualified, independent real estate appraiser in accordance with instructions provided by the village. (Ord. No. 151, § 3, 12-16-2008)