El Paso |
Code of Ordinances |
Title 3. REVENUE AND FINANCE |
Chapter 3.32. ABANDONED, LOST, STOLEN AND UNCLAIMED PROPERTY |
§ 3.32.070. Sale at auction—Cash only—Rejecting bids—Disposition of proceeds.
Latest version.
All sales shall be for cash. The purchasing agent may reject any bid he deems insufficient. After deducting the actual and reasonable costs of the sale and of storing the property, the proceeds shall be placed in the general fund.
(Prior code § 2-22)