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The manager may sell personal property, including recyclable or reclaimed materials, without formal competitive bidding if the manager has determined that a negotiated sale will result in increased net revenue and the following conditions are complied with:

(1) When the current market value per item is deemed to be less than $1,000, the manager may establish a selling price, schedule and advertise a sale date, and sell to the first qualified buyer meeting the sale terms; or

(2) When the current value per item is deemed to exceed $1,000, the personal property must be offered for competitive written bid and be advertised in accordance with ORS 279B.055, or be offered for sale at public auction in accordance with Section 2.615. If no bids are received or if a determination is made that the market value of the property exceeds the offer of the highest responsible bidder, all bids may be rejected and the manager may negotiate a sale subject to the following conditions:

(a) An appraisal of the market value of the property is obtained and documented and the negotiated sale price exceeds the market value; or

(b) The sale amount exceeds the highest bid received through the bidding or auction process.

(3) The City Manager may, where he deems it to be in the best interest of the City, transfer any surplus property, regardless of the value of the item, to the State of Oregon Department of Administrative Services to be sold under an intergovernmental agreement providing for surplus property disposal in Jackson County, Oregon.

[Added Sec. 3, Ord. No. 5510, Sep. 5, 1985; Amd. Sec. 1, Ord. No. 1998-264, Dec. 10, 1998; Amd. Sec. 56, Ord. No. 2002-37, Mar. 7, 2002; Amd. Sec. 16, Ord. No. 2005-20, Feb. 17, 2005.]