Chapter 4.06
SALE OF SURPLUS CITY-OWNED PERSONAL PROPERTY

Sections:

4.06.010    Survey of city-owned personal property.

4.06.020    Approval of sale and disposal of surplus city property.

4.06.030    Notice of sale.

4.06.040    Procedure for sale of surplus personal property.

4.06.050    Disposition of personal property not sold at public auction or by sealed bid.

4.06.060    Exemption for deaccessioned personal property.

4.06.010 Survey of city-owned personal property.

The city manager shall, from time to time or as occasion arises, make or cause to be made by another person he designates to do so a survey of city-owned personal property. The city manager shall identify surplus personal property and shall dispose of property pursuant to Section 4.06.020. (Ord. 06-03 § 1 (part))

4.06.020 Approval of sale and disposal of surplus city property.

No surplus or obsolete supplies, equipment or personal property of a fair market value in excess of ten thousand dollars may be disposed of by any means without city council approval. The city manager shall recommend to the city council the minimum acceptable bid.

Sale of obsolete supplies, equipment or personal property having a fair market value of ten thousand dollars or less shall be reported to the city council. Donation or disposal of surplus supplies, equipment or personal property of a fair market value in excess of five hundred dollars shall require approval by the city council. (Ord. 06-03 § 1 (part))

4.06.030 Notice of sale.

Before the city sells any surplus personal property, such property shall be advertised for sale in a newspaper of general circulation in the city at least two weeks in advance of such sale, and other notice shall be given if necessary to adequately inform prospective buyers to give them an opportunity to submit bids. The notice advertising the sale shall state if the sale will be by sealed bid or outcry auction. If the sale is to be by sealed bid, the notice of sale shall state the latest day and hour bids will be accepted by the city, and a designated time and place the bids will be opened in public. If the sale is by outcry auction, the notice advertising the sale shall state the location, the day and the hour the sale will commence. In both cases the advertised notice of sale shall state the time limits allowed the successful bidder to remove purchased personal property from city property. (Ord. 06-03 § 1 (part))

4.06.040 Procedure for sale of surplus personal property.

Sale of surplus city property shall be by outcry auction or sealed bid. The city may repeatedly reject all bids and advertise and give notice again. The city shall sell such surplus personal property to the highest responsible bidder for cash. In case of a tie, the city may require the bidders tying to submit another sealed bid, or may divide the sale among two or more tying, always selling to the highest responsible bidder for cash. (Ord. 06-03 § 1 (part))

4.06.050 Disposition of personal property not sold at public auction or by sealed bid.

In cases where there is no response by bid, or if all bids offered to the city fall below the minimum acceptable price on items or lots of surplus personal property offered for sale by the city, the city manager may sell such surplus personal property at a negotiated sale on lots or items valued at ten thousand dollars or less; provided, that without city council approval no sale is made equal to or lower than the first lower bid below the minimum acceptable price set by the city. (Ord. 06-03 § 1 (part))

4.06.060 Exemption for deaccessioned personal property.

This chapter shall not apply to the disposition of deaccessioned objects from the Valdez Museum. (Ord. 06-03 § 1 (part))