(a) Personal property determined, upon recommendation by the Village Manager, to be surplus or no longer of use to the village, may be offered for sale to the highest bidder through the use of sealed bids. In the case of sealed bids, the notice shall be posted for four weeks prior to the sale in three public places within the village and shall be advertised in any other commercially reasonable manner as determined by the Village Manager. The notice shall state the items for sale, the place and deadline for filing the bid, and the time of opening bids, and shall also state that the right is reserved to reject any and all bids. Any other conditions of the bid, including the filing of a bid deposit or bond, may also be provided therein.
(b) In lieu of sealed bids, the Council may choose to conduct an auction. Notice of the auction shall be posted four weeks prior thereto in three public places within the village and advertised in any other commercially reasonable manner as determined by the Village Manager. The notice shall provide the time and place of the auction and a list of the items to be sold at the public auction. Such other requirements as the Village Manager determines shall also be included in the notice.
(c) All items of personal property sold by the village shall be sold "as is" and without any warranty by the village or recourse against the village.
(Ord. 2005-3. Passed 9-12-05.)