No open space land owned by the city may be sold, leased, traded, or otherwise conveyed, nor may any exclusive license or permit on such open space land be given, until approval of such disposal by the city council.
Such approval may be given only after approval of such disposal by the affirmative vote of at least three members of the open space board of trustees after a public hearing held with notice published at least 10 days in advance in a newspaper of general circulation in the city, giving the location of the land in question and the intended disposal thereof.
No open space land owned by the city shall be disposed of until 60 days following the date of city council approval of such disposal. If, within such 60-day period, a petition meeting the requirements of Section 45 above and signed by registered electors of the city to the number of at least five percent of the registered electors of the city as of the day the petition is filed with the city clerk, requesting that such disposal be submitted to a vote of the electors, such disposal shall not become effective until the steps indicated in Section 46 and Sections 47 above have been followed.
This section shall not apply to agricultural leases for crop or grazing purposes for a term of five years or less.
This section is to be construed liberally in favor of providing opportunities for the residents of the city to refer measures proposing the disposal of any open space land. (Added by Ord. No. 4996 (1986), 1, adopted by electorate on Nov. 4, 1986.)