The City Manager is hereby authorized to dispose of any surplus personal property owned by the city, whenever he or she determines, in his or her discretion, that:
(A) The item or group of items has a fair market value of less than $5,000;
(B) The property is no longer necessary for the conduct of public business; and
(C) Sound property management principles and financial considerations indicate that the interests of the city would best be served by disposing of the property.
(Ord. 98-O-01, passed 3-24-98; Am. Ord. 2016-O-22, passed 11-15-16)
Statutory reference:
Disposal of property, G.S. § 160A-266(c).