105.01 SALE OF REAL OR PERSONAL PROPERTY.
   The City Commission, may by voice vote, deem that certain property, whether real or personal, is unnecessary for use by the City and should be sold. Such shall be sold by one of the following methods:
   (a)   Personal property including motor vehicles, not needed by the City of Gallipolis for public use or which is obsolete or unfit for the use for which it was acquired, the estimated value of which is less than five thousand dollars ($5,000.00), may be sold by the City Manager at his discretion through private or public sale.
   (b)   Personal property in excess of five thousand dollars ($5,000.00), may be sold to the highest bidder at auction. Said auction to be advertised once in a newspaper of general circulation in the area.
   (c)   Real property or personal property may be sold by unanimous decision of the City Commission by motion at a City Commission meeting that such property is surplus and that given the nature of such property it should be sold to a designated purchaser at a set price.
   (d)   Real property not sold pursuant to Section (c) may be advertised in a newspaper of general circulation in the area, for a minimum of two times, one each week on two consecutive weeks. Such property shall be sold to the highest bidder, unless no bid meets the minimum value placed on such property by the City. In the event no bid meets the minimum value, the City may sell such property to a private purchaser within six months after such unsuccessful sale, for the minimum value placed on such property. If the property remains unsold for six months, the property must be rebid.
(Ord. 2006-23. Passed 6-6-06.)