Before making any purchase or contract for supplies, materials, equipment, or contractual services, opportunity shall be given for competition, under such rules and regulations, and with such exceptions as the Council may by ordinance prescribe. All expenditures for supplies, materials, equipment, or contractual services involving more than one thousand dollars ($1000.00) shall be made on written contract, and such contract shall be awarded to the lowest competent bidder meeting specifications and whose bid is most advantageous to the village after such public notice and competition as may be prescribed by ordinance; provided, however, that the Council shall have the power to reject all bids and advertise again. The Council shall provide, by ordinance, for the ordinary purchasing procedure to be followed in purchasing village supplies.
(Adopted 3-13-67)