Any board or officer in charge of a department of the Town may,
with the approval of the Board of Selectmen, sell any personal property
of the Town having a value of less than $2,500 for any one item, within
the possession or control of the department which has become obsolete
or is not required for further use by the department, or trade the
same in part payment for replacement for which funds have been provided.
In cases of sale of said Town property, the value of which is
$2,500 or more, the Board of Selectmen shall cause notice of said
sale to appear in one or more newspapers of general circulation in
the Town, once a week for at least three weeks, the final publication
to be at least 10 days before the time advertised for said sale.
The Board of Selectmen shall cause each officer and department
head having custody of Town property to keep a true inventory thereof
on file, and each officer and department head shall deliver a copy
of said inventory to the Chief Financial Officer at least annually.