107.01 PURCHASE, EXCHANGE AND SALE OF PROPERTY.
   (a)   Council shall, by ordinance or resolution, authorize the purchase, acquisition, sale, disposition, barter or exchange of any real property or interest therein, on such terms and conditions as Council deems appropriate, whether the value of such real property or interest therein is less than, more than or equal to ten thousand dollars ($10,000).
   (b)   Council shall, by ordinance or resolution, authorize the sale, barter, exchange or other disposition of personal property owned by the City, on such terms or conditions as Council deems appropriate, whether the value of such personal property is less than, more than, or equal to ten thousand dollars ($10,000).
   (c)   The administration is authorized to acquire personal property and personal or professional services on behalf of the City and enter into other contracts in accordance with Section 113.01.
(Ord. 97-031. Passed 6-23-97.)