(A) Except as otherwise provided in § 31.24(A) or elsewhere in the city code, all municipal property, both real and personal, shall be sold only after the receipt of sealed bids after the time and place of the sale has been published as a Class II legal advertisement in compliance with the provisions of W.Va. Code §§ 59-3-1 et seq., and the publication area for the publication shall be the city.
(B) The first publication is to be made at least 15 days before the date when bids are to be received and opened.
(C) The property shall be sold to the highest bidder but the city shall have the right to reject any and all bids for any reason.
(D) If the property is not sold pursuant to such advertisement, the city, by resolution, may set a date for an open meeting of Council to be held within 60 days after the date when the bids were opened.
(E) At the meeting held pursuant to such resolution, the city may sell by public auction the property for a consideration not less than the highest sealed bid previously received pursuant to the advertisement.
(F) At the meeting, any interested party may bid for cash, certified check or other surety that is acceptable to the city and the property shall be sold to the highest bidder. The city shall have the right to reject any and all bids.
(G) The city may require a written confirmation of bids received at such called meeting before selling the property at auction, but it shall not be necessary that sealed bids be received before conducting the auction.
(Ord. 230, passed 3-2-2017)