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Memo - Second reading of Ordinace 2011-1029CITY OF HOPKINS MEMORANDUM To: Hopkins City Council From: Jim Genellie Date: June 22, 2011 Subject: Second Reading of Ordinance 2011-1029 Staff recommends that the Council approve the following motion: Move that the Hopkins City Council approve Ordinance 2011-1029 for second reading and order published. Two small changes have been made to this Ordinance since the first reading. 305.09. Disposition of Surplus Property. Subdivision sale. If the property is going to be sold, either by must be placed on the city's website. The sale shall days following the date of the pub i eatie., placement wPhRl tP_ • Attachments: • Ordinance 2011-1029. • 1. Notice of auction or auction or directly, notice be held not less than six of the notice on the Citv's CITY OF HOPKINS • COUNTY OF HENNEPIN ORDINANCE NO. 2011-1029 AN ORDINANCE AMENDING SECTION 305 OF THE HOPKINS CITY CODE THE COUNCIL OF THE CITY OF HOPKINS HEREBY ORDAINS AS FOLLOWS: Section 1. That Section 305 be amended as follows: 305.07. Disposition of Unclaimed Property. Subdivision 1. Notice of auction or sale. If the property is going to be sold, either by auction or directly, an advertisement must be placed in the official newspaper of the city. The sale shall be held not less than six days following the date of the publication of the notice. Subd. 2. Content of notice. The notice shall een-a1n (1) a general d es e r p i e n ef the itefas--ems rge r -t e -b e-eo-l-d , �2+ the -general fflanne= under whieh the preper-ty eame inte he pessess en of the eity; (3) whether the preperty will be auetiened-e r s e 1 d-dired (4) th time and p 1 a e e o f the auetien er sale. must describe the property found or recovered and to be sold, and must specify the time and place of the auction or sale. Sale. The a,,iet-ien er sale shall be eendueted by the • ma g -ehis -e r -beide s i g n e e- Subd. 3. Postponement. The auction or sale may be postponed from time to time by inserting a notice of such postponement as soon as practicable in the newspaper in which the original notice was published. Subd. 4. Certificate of sale. When the sale of the property is made, the -manages -shall deliver te-the purchaser shall receive a bill of sale containing a description of the property sold and the price paid for each item. Subd. S. Proceeds of sale. Proceeds of the sale shall be deposited by the manager in the appropriate fund of the city. Within six months from the date of the sale the former owner of any item of such property may make application to the city for payment of the proceeds of the sale and after satisfactory proof of ownership furnished to the city within six months from the date of sale, the city council shall order the sale price to be paid to the former owner, after deducting therefrom the actual or reasonable cost and expenses necessarily expended by the city in the conduct of the sale and the storage and care of the property. 0 • 305.09. Disposition of Surplus Property. Subdivision 1. Notice of auction or sale. If the property is going to be sold, either by auction or directly, notice must be placed on the city's website. The sale shall be held not less than six days following the date of the placement of the notice on the Citv's website. Subd. 2. Content of notice. The notice shall contain: (1) a general description of the items of property to be sold; and (2) whether the property will be auctioned or sold directly; and 3) the time and place of the auction or sale. Subd. 3. Advertising. Items for sale must be advertised in a newspaper of general circulation, or on an appropriate website detailing the method of sale, or the City may contract to sell items using an electronic selling process in which purchasers compete to purchase the surplus supplies, materials, or equipment at the highest purchase price in an open and interactive environment. Subd. 4. Certificate of sale. When the sale of the property is made, the purchaser shall receive a bill of sale containing a description of the property sold and the price paid for each item Subd. 5. Proceeds of sale. Proceeds of the sale shall be deposited by the manager in the appropriate fund of the city. Section 2. The effective date of this ordinance shall be the date of publication. First Reading: June 21, 2011 Second Reading: July 5, 2011 Date of Publication: July 14, 2011 Date Ordinance Takes Effect: July 14, 2011 ATTEST: Terry Obermaier, City Clerk APPROVED AS TO FORM AND LEGALITY: City Attorney Signature Date Gene Maxwell, Mayor