(a) The City may sell its surplus property valued in excess of $1,000.00 fair market value, for fair and adequate consideration, without adherence to the procedures set forth in W. Va. Code § 8-12-18(b) if the sale is made as follows:
(1) The property may be advertised and sold via an online auction site which has been approved by the City Council for such purposes; or
(2) The property may be sold via a request for sealed bids upon such terms and conditions as determined by the City Council, provided, that prior to making any sale via sealed bids, the terms and conditions along with a brief description of the property to be sold shall be published as a Class I legal advertisement in compliance with the provisions of W. Va. Code § 59-3-1, et seq.
(b) The provisions of this Article are meant to be an alternative method for the disposition of surplus property. Nothing contained in this Article shall prohibit the City from utilizing, at the discretion of the City, the procedures set forth in W. Va. Code § 8-12-18 for the sale, lease or disposition of other municipal property.
(Ord. 268. Passed 12-20-16.)