The city is allowed to sell city property without a bidding process? You can bet that if the city does end up selling the Summit to Lakewood it will be several years from now after much litigation because they lacked the foresight to open it up to public bidding.
Lakewood has the property tied up until 2064. Who else would bid on the property?
On top of that, how can anyone know the future condition of the prperty in 2064?