121.03 DISPOSAL OF MUNICIPAL PROPERTY.
   (a)    Tangible personal property of the City not exceeding five hundred dollars ($500.00) in value per item as determined by the Mayor and not needed for Municipal purposes may be sold by the Mayor or his designated representative at public auction.
   (b)    Any sale conducted pursuant to this section may be held in conjunction with the disposal of property sold by the Division of Police pursuant to the provisions of Section 501.13.
   (c)    The proceeds from property disposed of pursuant to this section shall be placed in the General Fund of the City.
(Ord. 74-86. Passed 8-11-86.)