(a) Personal property owned by the Village that is determined by the Mayor, and the Department Head having control of the personal property, to have an estimated value of twenty thousand dollars ($20,000) or less, and to be no longer needed for municipal purposes, may be sold or disposed of, without Council approval, by any of the following methods:
(1) By sale by sealed bid to the highest and best bidder, following notice by publication in a newspaper of general circulation in the Village and posting on the Village website at least ten business days prior to the opening of bids.
(2) By live public auction. Notice of live public action will be by publication in a newspaper of general circulation in the Village and by posting on the Village website at least ten business days prior to auction.
(3) By internet auction. Notice of internet auction will be by posting on the Village website at least ten business days prior to commencement of bidding.
(4) By sale to another government entity.
(5) By trade-in for credit at the time of the purchase of replacement property, provided that trade-in value is established separately from the purchase price of the replacement property, and can be verified to represent fair market value for the traded property.
(6) By sale for scrap value or by discarding, if the property can be shown to have minimal or no residual market value in its current form.
(7) By destruction upon the determination by the Director of Public Safety that the property must be destroyed for public safety reasons.
(8) By donation to an appropriate charitable organization.
(b) Any Village-owned personal property that has been determined by the Mayor, and Department Head having control of the personal property, to no longer be needed for municipal purposes and to have an estimated value of greater than twenty thousand dollars ($20,000) may be sold or disposed of by any of the above methods with the prior approval of Council.
(c) The Treasurer shall record the sale or donation of any property disposed of pursuant to this Section.
(d) Any property donated to a charity or sold to another government entity shall be done so by written agreement, as approved by the Director of Law, that includes the proper release language and the acceptance of the property in an "as is" condition.
(e) If no bid is obtained where required for the sale of personal property, and the procedures provided herein have been followed, the Mayor may sell such property at public or private sale for the best price obtainable, subject to the approval of such sale by Council.
(f) Notwithstanding the provisions of this Section, Council may, by ordinance enacted hereafter, adopt a different procedure for the sale of any particular personal property.
(Ord. 2015-50. Passed 8-12-15.)
(Ord. 2015-50. Passed 8-12-15.)