§ 2-586. Sale of surplus, obsolete, etc., city property.

(a)

Whenever the city manager, as agent for the city, concludes to sell surplus, obsolete, abandoned, or discarded supplies, materials, and equipment, or products or byproducts of the city, pursuant to the authority provided by section 4-1 of the Charter, and the value of any article, or lot of articles to be sold together, amounts to $1,500.00 or more, he shall sell such articles upon competitive open bids after giving notice of the time, place, and subject of the sale, either through circulars mailed to the proprietors of businesses operating in the city and its vicinity which may be interested in procuring such types of articles or by publishing similar notice of the sale in one or more issues of a daily newspaper published in said city.

(b)

Such sale shall be held not earlier than five days after such notice has been mailed to the prospective purchasers, or five days after the date of the last publication of the notice in a daily newspaper.

(Code 1966, § 6-7; Code 1982, § 2-66; Ord. No. 2500, § 4, 11-28-1994)

Charter reference

Procedure for sale of certain property, § 4-2.