(a) Personal property of the City not needed for municipal purposes, the estimated value of which does not exceed five thousand dollars ($5,000), may be sold by the City Manager without formal advertisement on the best proposition for the City available. Personal property of the City not needed for municipal purposes, the estimated value of which exceeds five thousand dollars ($5,000) but does not exceed ten thousand dollars ($10,000), may be sold by the City Manager without formal advertisement on the best proposition for the City available after report to Council and approval of such report by a majority of Council. Disposition of personal property valued in excess of ten thousand dollars ($10,000) shall be sold via a formal or internet bid process following resolution approval of Council.
(b) The City Manager is authorized to utilize City personal property for trade-ins on new or replacement City equipment/personal property to reduce acquisition costs.
(c) The City Manager is authorized to utilize internet-based auction systems or services to sell or dispose of obsolete or unnecessary City equipment, all subject to the valuation and approval requirements expressed in subsection (a) above.
(d) Any interest in real property held by the City not needed for municipal purposes may be sold, donated, disposed of, transferred, or traded by the City Manager by resolution. If such property is to be sold, City Council, by motion, shall make a determination whether bids shall be solicited.
(Ord. 2022-06. Passed 4-14-22.)