7-110: WHEN COMPETITIVE BIDDING IS NOT REQUIRED ON SALES:

   A.   City personnel may sell the following without giving an opportunity for competitive bidding:

      1.   Surplus or obsolete supplies, materials or equipment whose total value does not exceed five thousand dollars ($5,000.00) in a single transaction; and

      2.   Supplies, materials or equipment when sold at a price at least as great as that paid by the city for the same. (Prior Code, Sec. 23)