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The purchasing agent shall submit at least annually to the reports describing all supplies, equipment, materials, fixtures and other personal property of the city which property is surplus to need or which has become obsolete or unserviceable.

A. Subject to the provisions of subsection C of this section, and prior city council approval, the purchasing agent is authorized from time to time to sell or exchange any and all equipment, materials, fixtures and other personal property of the city having a salvage value and which is obsolete or unserviceable, or is surplus to the city, or which replacement is to be purchased. The purchasing agent may sell the same for the best price obtainable in the open market or, when he deems it advisable, to the highest bidder at a public sale, or he may exchange the same for other property or for credit on other property.

B. In the event the purchasing agent determines that any such obsolete or surplus property has no salvage value, he may dispose of it as he deems advisable, after city manager approval.

C. All sales shall be for cash or for certified check or money order payable to the city.

D. The purchasing agent shall have the authority to sign bills of sale and any other papers or documents evidencing the transfer of the title of obsolete or surplus personal property for and on behalf of the city, after city council approval. (Ord. 429 §1 (Exh. 1), 1999).