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1407-20 Amending Financial Policy - Purchasing
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1407-20 Amending Financial Policy - Purchasing
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OR BK 10204 PG 2288 Page 4 of 4 <br /> I I <br /> into exclusive or nonexclusive contracts with established public or private agencies or firms,and <br /> to appropriate such funds as it deems advisable or necessary. Thel,City Council shall not <br /> purchase land and/or improvements for$80,000 or more unless and until the land and <br /> improvements have been appraised by two competent appraisers." When a parcel is estimated to <br /> be worth$80,000 or less and the City Council determines that the'cost of an outside appraisal is <br /> not justified,a comparable sales analysis or other reasonably prudent procedures may be used by <br /> the City to estimate the value of the parcel,provided the public's interest is reasonably protected. <br /> SECTION SEVEN: <br /> All Ordinances or parts of ordinances in conflict be and the same are hereby repealed. <br /> SECTION EIGHT: <br /> Should any section or provision of this Ordinance or any portion thereof,any paragraph,sentence, <br /> or word be declared by a court of competent jurisdiction to be invalid,such decision shall not <br /> affect the validity of the remainder of this Ordinance. ' <br /> SECTION NINE: <br /> This Ordinance shall become effective immediately'upon passage on the second reading and <br /> signing by the Mayor. <br /> The foregoing Ordinance No. 1407-20 was read and passed on the first reading in an open and <br /> regular mee�ip •-of the City Council of the City of Zephyrhills, Florida, on this 12th day of <br /> Octo)r, Q20!''?k, <br /> Atfest:: �r y <br /> Loh•L.Hillman,Pity Clerk Charles E.Proctor, ouncil President <br /> ••=z <br /> 57 0 ©Q <br /> The fare oin ( llnance No. 1407-20 was read and passed on the second reading,following a <br /> public IleaVikion an open and regular meeting of the City Council of the City of Zephyrhills, <br /> Florida,on this 26th day•of October,2020. <br /> AtCest©� (jf .� .GG.tJf1711-G�� OF <br /> Lori L.Ht11m City Clerk harles E.Proctor,Com it President <br /> I <br /> • <br /> The fore jtoing'Ordinannc No.1407-20 was approved by me this 26th day of October,2020. <br /> • <br /> Ge Whitfield,Mai <br /> I <br /> Approved as to legal form and legal content <br /> for the reliance of the City of Zep yrhil�ly: <br /> Matthew E.Maggard,Cif}'Attorney <br /> -4 • <br /> - <br />
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