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2005 Arizona Revised Statutes - Revised Statutes §9-407  Exchange and sale of real property; notice of intent

A. Any incorporated city or town may by ordinance authorize an exchange of a parcel of real property for any other parcel of real property within the incorporated city or town, provided the parcels of real property are of substantially equal value and the exchange meets the terms and conditions set forth in such ordinance.

B. Any incorporated city or town may sell a parcel of real property to another political subdivision without following the procedures specified in sections 9-402 and 9-403.

C. A notice of intent to exchange or sell any property pursuant to this section shall be published in accordance with the provisions of section 39-204 before the exchange or sale.

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