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1225ORDINANCE N0. 1225 AN ORDINANCE ESTABLISHING A PROCEDt)RE FOR PURCHASING, SAhE, OR EXCHANGE, OF PROPERTY IN COMPLIANCE WITH ACT NO. 745 OF 1985 AND ACT NO. 28 OF 1959 (ARKANSAS STATUTES 19-4A21 THROUGH 19-4430); REPEALING ORDIANCE NO. 1136, SECTION 2.06.100 OF THE WEST MEMPHIS MUNICIPAL CODE AND ~~~ 3.08 OF THE WEST MEMPHIS MUNICIPAL CODE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS: Section 1. That Ordinance No. 1136, Section 2.06.100 of the West Memphis Municipal Code and Chapter 3.08 of the West Memphis Municipal Code are hereby repealed. Section 2. That the Mayor, or the Mayor's duly authorized represent- ative shall have exclusive power and responsibility of making purchases of all supplies, apparatus, equipment and materials for the City of West Memphis, Arkansas, where the total expenditure therefor is below the sum of one thousand ($1,000.00) dollars. Section 3. That all purchases for the City of West Memphis, Arkansas, of supplies, apparatus, equipment where the expenditure therefor is in excess of one thousand ($ 1,000.00) dollars but less than five thousand ($ 5.,000.00) dollars shall be made by the Mayor, or Mayor's duly autho- rized representative, after the securing of quotation bids thereof. Provided, however, purchases of less than rive thousand ($ 5,000.00) dollars at State bid prices shall be exempt from the pr-pvisions of this Ordinance. Section 4. That where the amount of .expenditure for any•~~plirchase or contract exceeds the sum of five thousand ($ 5,000.00) dol'l~ars the Mayor, or the Mayor's duly autr~orized representative. shall invite competive bids thereon by legal advertisement in.any~local newspaper. Bids received pursuant to said advertisement shall~be.opened and read in a City Council meeting by the Mayor or the Mayor's duly authorized representative. The bids shall be referred to the Mayor, and any committee appointed by the Mayor or City Council, for their review and disposition. The contract shall bye awarded to the lowest responsible bidder; provided the Mayor, and any committee designated to review bids, may reject any and all bids received. Section 5_ That the Mayor, or the Mayor's duly authorized representa- tive, may approve for payment out of any funds previously appropriated for that purpose, or disapprove any bills, debts, or liabilities, where the total expenditure therefor is below t:~e sum of thirty thousand ($ 30,000.00) dollars. Provided, however, the Mayor's approval of expenditures for bonded indebtedness, purchase of electric power and sales tax .shall not be restricted to the above limitation. The pay- ment or disapproval of any bills, debts or liabilities not covered by a previous appropriation and those that exceed the above limitation shall require confirmation of the City Council. Section 6. That the Mayor, or the Mayor's duly authorized representa- tive, may sell or exchange any municipal supplies, materials or equip- ment without competitive bidding if such supplies, materials or equip- ment have a value of less tharf five thousand ($ 5,000,00) dollars. That no supplies,rmaterials or equipment shall be sold without re- ceiving competitive bids thereof if the value thereof exceeds the sum of five thousand ($ 5,000.00) dollars; provided, however, if the Mayor shall certify in writing to the governing body that in the Mayor's opinion, the fair market value of such item or lot (to be disposed of in one unit) is less than five thousand ($ 5,000.00) dollars, the same may be sold by the Mayor without competitive bidding. "____ Section 7. All Ordinances or parts of Ordinances in /confli er with are hereby repealed. ,i'`~ ~ ` PASSED AND APPROVED this 5th ATT S ~s-,~`~> R~-'~~. CITY K SPONSORED BY: c,~'t' day of Se tem er ,.c ~ ~ ~~~~ .. MAYOR ~ ~ .,.u-~Lr," C ` ~~....4 ~, U. µs:~~ ~~ ~ ~ ~ ~