§ 2-218. Disposal of excess property.

(a)

The city clerk may recommend to the council that certain personal property owned by the city is no longer needed for a municipal purpose and should be sold. By action of the council, the property shall be declared surplus, the value estimated, and the city clerk authorized to dispose of the property in the manner stated in this section.

(b)

The city clerk may sell surplus property with a total value of less than one thousand dollars ($1,000.00) through negotiated sale.

(c)

The city clerk shall offer for public sale, to the highest bidder, surplus property with a total estimated value of from one thousand dollars ($1,000.00) to five thousand dollars ($5,000.00). Notice of such public sale shall be given stating time and place of sale and generally describing the property to be sold at least ten (10) days prior to the date of sale either by publication once in the official newspaper or by posting in a conspicuous place in the city hall at the city clerk's option. Such sale shall be by auction.

(d)

The city clerk shall offer for public sale, to the highest bidder, surplus property worth a total estimated value over five thousand dollars ($5,000.00). Notice of public sale shall be given, stating the time and place of sale and generally describing the property to be sold at least ten (10) days prior to the date of sale by publication once in the official newspaper. Such sale shall be to the person submitting the highest sealed bid.

(Code 1984, Title 2, § 620)