[R.O. 1998 § 135.130; CC 1988 §2-286; Ord. No. 1096 §1, 11-5-1984]
The Mayor shall, before transferring
title or ownership to personal property, surplus stock or equipment
owned by the City, do so only upon receipt of written bids opened
at a Board of Aldermen meeting.
[R.O. 1998 § 135.140; CC 1988 §2-287; Ord. No. 1096 §2, 11-5-1984]
A.
Except as otherwise provided by law, personal
property which has become obsolete and unusable, where the estimated
value exceeds ten thousand dollars ($10,000.00), shall be sold by
formal written contract to the highest responsible bidder, after notice
set out on the City's website inviting proposals.
2.
Rejection Of Bids. The agent shall
have the authority to reject all bids or parts of bids for any one
(1) or more items to be sold when the public interest will be served
thereby.
3.
Auction. At the discretion of the
Mayor and Board of Aldermen, subject items may be disposed of at public
auction.