A township shall not dispose of an interest in personal property, or an interest in real property, by sale, lease, or gift, except in accordance with the following procedure:
1. The board of trustees shall set forth its proposal in a resolution and shall publish notice of the resolution and of a date, time, and place of a public hearing on the proposal. The notice shall be published in a newspaper published at least once weekly and having general circulation in the township or in the largest city in the township. The notice shall be published no less than ten days and no more than twenty days before the hearing.
2. After the public hearing, the trustees may make a final determination on the proposal by resolution.
3. A township shall not dispose of real property by gift except to a governmental body for a public purpose.
This section does not apply to the sale by a township of subdivisions or lots within a cemetery.
2000 Acts, ch 1117, §29
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