Section 36-1-11-3.2 - Approval of sale, lease, or transfer of real property in certain cities(a) This section applies to the following cities:(1) A city having a population of more than sixty-nine thousand (69,000) and less than sixty-nine thousand five hundred (69,500).(2) A city having a population of more than twenty-six thousand (26,000) and less than twenty-eight thousand (28,000).(3) A city having a population of more than seventy-five thousand (75,000) and less than seventy-nine thousand (79,000).(b) Notwithstanding section 3(c) of this chapter, the fiscal body of a city must approve: (1) every sale of real property having an appraised value of ten thousand dollars ($10,000) or more;(2) every lease of real property for which the total annual rental payments will be five thousand dollars ($5,000) or more; and(3) every transfer of real property under section 14 or 15 of this chapter.Amended by P.L. 104-2022,SEC. 142, eff. 4/1/2022.Amended by P.L. 119-2012, SEC. 177, eff. 4/1/2012.As added by P.L. 124-1998, SEC.12. Amended by P.L. 170-2002, SEC.138.