Section 11.5  Purchase and Sale of Property. 
The Council shall establish by ordinance the procedures for the purchase and sale of personal property for the City. The ordinance shall provide that no contract shall be made with any person who is in default to the City. The ordinance may provide a dollar limit within which purchases of property may be made without the necessity of securing competitive bids, and a dollar limit within which purchases may be made without the necessity for prior Council approval.