The Borough Council or its authorized representative shall be
permitted to sell any real property, capital improvements or personal
property, or interest therein, not needed for public use, other than
municipal lands or real property otherwise dedicated or restricted
pursuant to law and except as otherwise provided by law, in accordance
with the procedures and methods described in N.J.S.A. 40A:12-13.
No real property, capital improvement or personal property or
interest therein, as described above, may be sold or conveyed to any
borough employee.