949.03 SALE, LEASE OR EXCHANGE OF UNNEEDED MUNICIPAL REAL OR PERSONAL PROPERTY.
   (a)   When the Mayor or, in his absence, the appropriate department head or administrative officer, advises certain real or personal property is no longer needed for any Municipal purpose, Council may declare it unneeded and authorize its sale, lease or exchange without the necessity of public bids.
   (b)   All exchanges may require the acceptance of the Mayor and Council.
   (c)   The City should, but need not unless required in the ordinance declaring it unneeded for Municipal purposes, seek competitive quotes from at least three interested parties to assure the City is receiving just and fair compensation.
   (d)   The City shall not be bound by Ohio R.C. 721.03 as to the procedures utilized for the sale, lease, or exchange of its excess and unneeded property.
(Ord. 2000-161. Passed 10-23-00.)