All real or personal property at the Village not needed for Municipal purposes shall be disposed of as follows:
(a) Council shall, by motion passed by majority vote, declare such property to be surplus and not needed for Village purposes.
(b) Such property may be sold in such manner and under such conditions as Council by motion, passed by majority vote, shall determine.
(c) Surplus realty shall not be sold until the Finance Director has obtained and filed with Council an appraisal of such surplus realty which is prepared and signed by a qualified real estate appraiser.
(Ord. 1998-115. Passed 5-12-98.)