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When it is determined by the officer having management or supervision of Municipal personal property having an estimated value of less than three thousand dollars ($3,000) that such property is no longer needed by his or her department, and when it is further determined that such personal property is no longer needed or useable by any other department of the City, the officer may arrange to dispose of such personal property as follows:
(a) The officer having management or supervision of such personal property shall make a bona fide effort to obtain as many written informal bids as possible in order to obtain the best sale price for any items being disposed of in this manner.
(b) In the event no bids are submitted, the officer or supervisor shall make necessary arrangements for the disposal of the equipment or property.
(c) A written report of the proposed sale or disposal shall be submitted to Council for approval prior to actual sale or disposal.
(d) All moneys collected from the sale of such personal property shall be turned over to the Treasurer to be placed in the fund account for the department from which the property come, with a detailed explanation of its source.
(Ord. 98-114. Passed 8-19-98.)