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B. Sale of Prot�ertv. Suralus pronertv. which is to be sold. is subiect
<br />`-- to the reauirements described in Minnesota Statutes Section 471.345 or
<br />Section 15.054
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<br />C. Public Sale — A notice of public sale shall be listed in one of the
<br />followin� wavs.
<br />a. A t�ublished notice in the official newspat�er statin� that the
<br />Citv is acceptin� sealed offers on the canital asset or sural�s
<br />nronertv. The notice shall be nublished in the newsnaper at ast
<br />ten (101 davs nrior to the close of offers. �
<br />b. Throu�h an electronic sellins nrocess i ich t� �Kasers
<br />comnete to nurchase the surplus sunnlies. ' inment
<br />at the hi�hest purchase price in an onen a�i$ter ' e
<br />environment.
<br />c. The asset shall be sold t p o nresents the hi�hest
<br />cash offer under the stipulate . T itv shall have the ri�ht
<br />to reiect all offers.
<br />D. To Another Governn�ent Ase — Surolus nronertv or non-
<br />exnendable sunnlies ma to a�overnment a�encv without �oin�
<br />throueh the nublic sal�,,���ss i t�nroved bv the Citv Council.
<br />E. Trade-Ins4. ert cTan be traded-in for a new acauisition, if
<br />annroved bv nc
<br />F. Lost, le r Dama�ed Bevond Renair - When propertv is
<br />' v throu�h one of these unexpected methods, the
<br />ret�orted to the abpropriate law enforcement personnel (if
<br />:av Not Purchase �'���°�+���.
<br />�oyee of the City who is a member of the administrative
<br />it head, a member of the Council, or an advisor serving the
<br />sional capacity, may be a purchaser of property under this
<br />���«„��. ..,«��� �ity employees may be purchasers if they are not directly
<br />involved in the sale, or sealed response arocess, and there has been
<br />reasonable nublic notice and the propertv is sold bv nublic auction or
<br />sealed bid. '�+�,e., „ o +�,o ,,:,.�.o�� ,. - �:�.�o �.;aavr �a ;� „+,o...,+ ,...�
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