Fulton Sale of surplus material ordinance (§ 2-370)

(a) Surplus material may be sold or disposed of without prior consideration and approval from the city council, but with signed approval from the mayor, director of administration, department head, and one member of the city council in accordance to the following:

(1) That said materials shall not consist of real property, but rather, tangible goods, materials, supplies, or equipment.

(2) That said materials shall have an estimated value of less than or equal to $10,000.00.

(3) That said materials shall be sold in accordance to the competitive bidding procedures set forth in this Code, including, but not limited to any verified open market competition to the highest bidder.

(4) That the purchasing agent or other designee as determined by the director of administration may set a minimum sale price and may reject any bid that, in said designee's judgment, is not a fair sale price.

(b) That all real property declared as surplus must be given city council approval by ordinance prior to sale.