§ 14-58-306 - Disposal of municipal supplies, etc. - Arkansas Statutes

14-58-306. Disposal of municipal supplies, etc.

(a) In a city of the first class, the mayor or his duly authorized representative may sell or exchange any municipal supplies, materials, or equipment.

(b) The municipal governing body shall, by ordinance, establish a maximum amount which may be sold or exchanged. No item or lot of supplies, material, or equipment, which is to be disposed of as one (1) unit, shall be sold without competitive bidding if the amount exceeds the maximum provided by ordinance unless the mayor shall certify in writing to the governing body that, in his opinion, the fair market value of the item or lot is less than the amount established by ordinance as indicated.

(c) (1) If an item of personal property belonging to a municipality becomes obsolete or is no longer used by a municipality, it may be:

(A) Sold at public auction;

(B) Sent to the Marketing and Redistribution Section of the Office of State Procurement of the Department of Finance and Administration; or

(C) Transferred to another governmental entity within the state.

(2) If an item is not disposed of under subdivision (c)(1) of this section, the item may be disposed of in the landfill used by the municipality if the mayor or his or her authorized representative certifies in writing and the governing body of the municipality approves that it has:

(A) Been rendered worthless by damage or prolonged use; or

(B) (i) Only residual value; and

(ii) Been through public auction and not sold.