Where it is desired to trade-in or exchange used articles as part payment on the purchase price of new articles, the Central Purchasing Office shall, in requesting offers, describe such used property, inform prospective offerors where the used property can be examined, and notify prospective offerors that the sale price of the new article and the allowance as credit for the trade-in or exchange shall be stated separately. The difference between the sale price of the new article and the trade-in allowance shall be deemed the offer of the seller.
('74 Code, § 5-7-14) (Ord. 6-1991; Am. Ord. 30-1998) Penalty, see § 1-1-99