§ 2-106. Sales of personal property of the city.

The purchasing agent of the city is authorized to sell worn-out, scrap, obsolete or unused personal property ("surplus property") other than items routinely discarded as waste, of the city by any of the following methods:

(a)

A public auction held on-site or through utilization of the internet and conducted by an auctioneer licensed by the State of Texas.

1.

All sales to be sold to the highest bidder unless determined by the purchasing agent to be not sufficient. In this instance, he may refuse the bid and hold the item(s) for sale at another time.

2.

After determining the time and place for a public auction, the purchasing agent shall give notice of the auction by advertising in the official newspaper of the city for at least once a week for two (2) consecutive weeks. The date of the first publication must be before fourteen (14) days prior to the date of the auction and the second publication must be no sooner than seven (7) days prior to the auction or posting on the City of Denton website for a period of ten (10) days prior to the auction.

(b)

Offer the property as a trade-in for new property of the same general type if the purchasing agent considers that action to be in the best interest of the city.

(c)

Dispose of the property by donating it to a civic or charitable organization or another governmental entity, if allowed by law. However in such case, city council approval will be necessary unless the item has value of less than five hundred dollars ($500.00).

(d)

Order any of the property to be destroyed or otherwise disposed of as worthless, if the city undertakes to sell that property and is unable to do so because no bids are received.

(e)

Competitive sealed bid following the guidelines of V.T.C.A. Local Government Code Ch. 252 for competitive bidding.

(f)

For surplus property items having a value less than one hundred dollars ($100.00), the sale may be made at an advertised location where members of the public may purchase the item for not less than the amount received for a similar item at an auction held by the city within the preceding two (2) years.

(Code 1966, § 20-1; Ord. No. 2008-113, § 2, 6-3-08)