(A) Whenever any city property, real or personal, is no longer deemed needed for corporate or public purposes, the same may be offered for sale. Personal property not exceeding $1,000 in value may be sold for cash by the Treasurer or her designee upon approval of the City Manager after receiving quotations or competitive bids for the best price obtainable. Property with a value in excess of $1,000 may be sold after advertising and receiving sealed competitive bids, as provided in this chapter, and after approval of the sale has been given by the Council. However, the competitive bid provisions shall not apply to the sale of property if the sale of the property is made to another governmental unit or agency. Personal property of the city with a cash value of less than $100 may be disposed of in the manner prescribed by the City Manager. Real property of any value shall only be sold in accordance with Article V, Section 5.02 of the City Charter.
(B) When it is determined by the Council that the sale of property by means of auction, including electronic auction (i.e. eBay), is necessary and reasonable in the exercise of the Council's fiduciary duty to obtain the best price for property to be sold, the Council may authorize such sale. If a minimum bid is advisable, the Council shall set a minimum bid that will be accepted for the property. Such auction of city property shall only occur upon the recommendation of the appropriate department head and/or the City Manager and the results of the auction shall be reported to the Council.
(C) An account for an electronic auction shall be set up in the city's name and the department head supervising the process shall be responsible for handling all questions about the item being sold, its condition, inspection by potential purchasers, pictures of the item and delivery/pick-up.
(Ord. 99-016, passed 11-29-99; Am. Ord. 10-012, passed 12-21-09; Am. Ord. 12-002, passed 4-16-12)