§ 16-2. Comprehensive inventory required.
(a) Comptroller and Director of Finance to maintain.
The Comptroller and the Director of Finance must maintain jointly a comprehensive inventory of City-owned real property, which must be updated quarterly to reflect acquisitions and dispositions.
(b) Information required.
For each parcel of property, the inventory must provide the following information:
(1) a street address or, if there is no street address, a description sufficient to identify the location of the property;
(2) the date when the City acquired or took possession of the property;
(3) the purchase price paid by the City;
(4) the name of the grantor; and
(5) an estimate of the market value of the property, which must be updated every 3 years.
(c) Agencies to cooperate.
All City agencies that own, acquire, or dispose of real property must comply with requests of the Comptroller and the Director of Finance in maintaining the inventory.
(d) Inventory open to public inspection.
The inventory must be posted online for public inspection.