Wherever personal property, which has been used by the City, can in the opinion of the Commissioner of Purchases and Supplies, be more advantageously exchanged as part payment of the purchase price of a new article of a similar nature, the Commissioner shall advertise for bids for prices at which a new article will be furnished the City. Such bid shall recite, in addition to such price and the other recitations required by the ordinances of the City, the amount which will be allowed to the City for the used article which is proposed to be given in exchange as part payment for the new article to be purchased by the City.
(Ord. No. 1119-61. Passed 6-12-61, eff. 6-14-61)