159.03 PROCEDURE FOR DISPOSAL.

   (a)    When it is determined by the officer having management or supervision of personal property that such property is no longer needed by his department and further determines that such personal property is no longer needed or useable by any other department of the City, the officer may arrange to dispose of such personal property as a trade-in on new equipment of vehicles or by sale, without appraisal, by public auction to the highest bidder for cash.

   (b)   A written report of the proposed sale or disposal shall be submitted to Council prior to actual sale or disposal.

   (c)   In the event no bids are submitted, the officer or supervisor shall make other necessary arrangements for the disposal of the equipment or property upon written approval by the Mayor and Finance Director.

   (d)   All moneys collected from the sale of such personal property shall be turned over to the Director of Finance to be placed in the General Fund of the City with a detailed explanation of its source.

(Ord. 2004-181. Passed 12-7-04.)