The board may sell, or order sold through a designated representative, by public or private sale, any personal property that the board has declared to be surplus at a regular or special meeting and has declared to have an aggregate appraised value of five thousand dollars ($5,000) or less. Whenever the board decides to sell at a private sale, the board must employ a qualified appraiser to determine a reasonable selling price for each kind of surplus item and must publish, in the manner provided in IC 5-3-1:(1) the fact that a private sale will be held;(2) the location of the sale;(3) the dates of the beginning and end of the sale;(4) the time of day during which the sale will take place;(5) the kinds of items to be sold at the sale; and(6) the price of each kind of item, which may not be less than the reasonable selling price determined by the qualified appraiser.If the board decides to sell at a public sale, the board shall conduct the sale in the manner provided by law for the unit.[Pre-Local Government Recodification Citation: 19-7-4-21(16).]As added by Acts 1981, P.L.309, SEC.110.
Indiana Legal Code