Property other than real property which is owned by the city and which is determined by the city council to be surplus property and abandoned personal property other than motor vehicles may be sold through sealed bids or public auction as determined by the council. A minimum price may be established prior to the sale. In the event that the property which has been declared to be surplus or abandoned by the council is certified by at least two (2) department heads and reviewed and approved by the mayor as being of little or no resale value to the extent that it is not economically feasible to sell such by auction, then the mayor is authorized to direct staff to dispose of such material in the most efficient manner possible. Notice of any such sale shall be published in the official newspaper and posted on the city bulletin board at least ten (10) days prior to the auction or deadline for sealed bids. The notice shall describe generally the property to be sold and state the date and time of such auction. The city council shall designate who shall conduct the auction and may cause the surplus and/or abandoned property to be auctioned with that of other governmental entities. An auctioneer other than a city official may receive a commission if council approved.
(Ordinance 282, sec. 1, adopted 12/11/07)
All proceeds from any such sale shall be deposited in the city’s general fund.
(Ordinance 282, sec. 2, adopted 12/11/07)
Any property offered and unsold after being offered for sale as set out in section 1.05.031 hereof which is deemed in the opinion of the mayor to be worthless and without value, shall be disposed of as the mayor shall deem appropriate.
(Ordinance 282, sec. 3, adopted 12/11/07)