(a) The Municipality shall not be required to use competitive bidding for the sale of real estate for economic development purposes provided that the Municipality shall use such means as necessary to ensure the best price possible under the circumstances is obtained for the sale of such land.
(b) All other sales of Municipal property, whether real or personal, shall be conducted pursuant to Ohio R.C. Chapter 721.
(c) The Council of the Municipality may sell any property it deems necessary, whether real or personal, without competitive bidding, and without complying with Ohio R.C. Chapter 721, if the Council determines that such sale is in the best interest of the Municipality, and deems that an emergency exists which requires that the competitive bidding process not be utilized.
(Ord. 5-02. Passed 1-22-02.)