12240ORDINANCE NO. 12,240
AN ORDINANCE AMENDING SECTION 2 -44.OF THE CODE OF ORDINANCES
OF THE CITY OF LITTLE ROCK, ARKANSAS; TO ALLOW THE AWARDING
OF CONTRACTS OF LESS THAN ONE THOUSAND FIVE HUNDRED DOLLARS
($1,500.00) TO BE CONSUMMATED BY THE CITY MANAGER; AND FOR
OTHER PURPOSES.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY
OF LITTLE ROCK, ARKANSAS.
SECTION 1. Section 2 -44 of the Code of Ordinances of the City of
• Little Rock, Arkansas is hereby amended to read as follows:
Ln
M
`O "Sec. 2 -44.. Same -When bids required.
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Where the amount of expenditure for any purchase or contract
,a authorized in Section 2 -43 exceeds the sum of one thousand
N dollars the city manager or his authorized representative
shall invite competitive bidding thereon by legal advertise-
ment published one time in any local daily newspaper; bids
N received pursuant to said advertisement shall be opened not
less than seven days nor more than thirty (30) days following
the date of invitation to bid; thereupon in the event the lowest
responsible and responsive bid is more than $1,500.00 the city
manager shall transmit to the board of directors all bids
received thereon and the board of directors, with the approval
of the city manager, by resolution duly passed, shall authorize
the purchase or contract to the lowest responsible and responsive
ra
9: bidder; provided, however, the city manager or board of directors
may reject any and all bids.
In the event the net price to be awarded on any contract or
purchase shall be less than $1,500.00 the city manager shall
be authorized to award said contract or .purchase without transmitting
the said bids to the board of directors.
No personal property owned by the city shall be sold or exchanged
without competitive bidding unless the city manager shall certify
in writing that in his opinion the fair market value of such property
is less than one thousand dollars ($1,000.00).
The board of directors, by ordinance, may waive the requirement of
competitive bidding in exceptional situations where such procedure
is not feasible, but such exceptional situations being lacking, the
board of directors may not except any particular bid from the require-
ment of competitive bidding.
SECTION 2. This Ordinance shall be in full force and effect from and
after its passage.
PASSED: July 7, 1969
ATTEST:
City Clerk
APPROVED: �e Mayor
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