10.371  Sec. 12.1 PURCHASE AND SALE OF PROPERTY.
   The Council shall designate an administrative officer of the village as Purchasing Agent, and he shall be responsible for the purchase and sale of all village property. Comparative prices shall be obtained for the purchase or sale of all materials, supplies and public improvements except (a) in the employment of professional services and (b) when the Purchasing Agent (or the Council as hereinafter provided) shall determine that no advantage to the village would result therefrom.
   The Council may authorize the Purchasing Agent to make purchases and sales within a prescribed dollar limit without prior approval of the Council. However, in all sales or purchases in excess of Five Hundred Dollars, (a) the sale or purchase shall be approved by the Council (b) formal sealed bids shall be obtained unless the Council by formal unanimous resolution of those present at the meeting determines that no advantage to the village will result from competitive bidding, and (c) for purchases over One Thousand Dollars the requirements of Section 12.2 shall be complied with. No sale or purchase shall be divided for the purpose of circumventing the dollar value limitation contained in this section. The Council may authorize the making of public improvements or the performance of any other village work by any village department or agency without competitive bidding.
   Purchases shall be made from the lowest competent bidder meeting specifications; sales shall be made to the bidder whose bid is most advantageous to the village.
   All purchases and sales in excess of Twenty-Five Dollars shall be evidenced by written contract or purchase order.
   The Council may by ordinance establish detailed purchasing, sale and contract procedures not inconsistent with this charter.
(char. eff. Dec. 5, 1955)