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CITY OF NORTH OLMSTED ORDINANCE NO. 91-49 BY MAYOR EDWARD BOYLE AN ORDINANCE ESTABLISHING NEW CHAPTER 955 OF THE CODIFIED ORDINANCES OF THE CITY OF NORTH OLMSTED, ENTITLED "SALE OF SURPLUS CITY PERSON- AL PROPERTY. " WHEREAS, Article IV, Section 13(d) of the Charter of the City of North Olmsted provides that Council may make provisions by ordinance for the sale or disposal of municipal property; and WHEREAS, this Council wishes to establish a procedure for the sale of surplus city personal property which will be cost efficient and which will assure that such property is sold for the highest reasonable price; and NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF NORTH OLMSTED, COUNTY OF CUYAHOGA AND STATE OF OHIO: SECTION 1: That there be and hereby is created new Chapter 955 of the Codified Ordinances of the City of North Olmsted, entitled, "Sale of Surplus City Personal Property" which in its entirety shall read as follows: "CHAPTER 955 SALE OF SURPLUS CITY PERSONAL PROPERTY 955.01 Definitions. (a) "Director" shall refer to, with respect to the sale of surplus property operated by, under the control of, or maintained by the Department of Public Safety, or any division thereunder, the Director of Public Safety; otherwise, the term shall refer to the Director of Public Services. (b) "Surplus property" shall mean any personal property owned by the City which is not being used by the City and for which the City has no reasonable contemplated future use. 955.02 Procedure for Sale. (a) Upon determining that an item of surplus property should be sold, the Director shall determine, using available valuation resources, including, for example, blue or red books, the fair market value of the item of property. If the Director determines that the item of property has a fair market value of $1,000.00 or less, then the Director may solicit offers to purchase the property employing any commercially reasonable method for soliciting