(a) The village manager is hereby authorized to dispose of all surplus personal property owned by the village, whenever he determines, in his discretion, that:
(1) The item or group of items has a fair market value of less than $5,000.00;
(2) The property is no longer necessary for the conduct of public business; and
(3) Sound property management principles and financial considerations indicate that the interests of the village would best be served by disposing of the property.
(b) The village manager may dispose of any such surplus personal property by any means which he judges reasonably calculated to yield the highest attainable sale price in money or other consideration, including but not limited to the methods of sale provided in G.S. 160A-265 et seq. Such sale may be public or private, and with or without notice and minimum waiting period.
(c) The surplus property shall be sold to the party who tenders the highest offer or exchanged for any property or services useful to the village if greater value may be obtained in that manner, and the village manager is hereby authorized to execute and deliver any applicable title documents. If no offers are received within a reasonable time, the village manager may retain the property, obtain any reasonably available salvage value, or cause it to be disposed of as waste material. No surplus property may be donated to any individual or organization except by resolution of the village council.
(d) The village manager shall keep a record of all property sold under authority of this section and that record shall generally describe the property sold or exchanged, to whom it was sold, or with whom exchanged, and the amount of money or other consideration received for each sale or exchange.
(Ord. No. 53, §§ 1--4, 2-20-1998)
State Law References: to dispose of municipal property, G.S. 160A-266(c).