A. Personal property, other than surplus stock, that is valued at less than five hundred dollars ($500.00) may be disposed of upon such notice and terms considered reasonable by the mayor, taking into consideration the value of the article, the reason for disposal, and the general preference of disposal by competitive bid. The mayor shall report disposals to the council if so requested.
B. Personal property valued at more than five hundred dollars ($500.00) but less than twenty-five thousand dollars ($25,000.00) shall be disposed of in the manner provided for land under twenty-five thousand dollars ($25,000.00).1/
C. Personal property valued at more than twenty-five thousand dollars ($25,000.00) shall be disposed of in the manner provided for land over twenty-five thousand dollars ($25,000.00).1/
(Ord. 77-01 (part), 1977)