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75-3
75.3 SEALED AND OPEN BIDS.
Sealed bids may be received at any time prior to the calling for
open bids, if open bids are provided for in the notice of sale.
After the sealed bids are all filed, the official or officials shall
call for open bids, if open bids are provided for in the notice of
sale. After all of the open bids have been received the substance of
the best open bid shall be noted in the minutes. If open bids are
not permitted in the notice of sale, sealed bids may be received
until it is announced that all sealed bids shall be opened. The
official or officials shall then open any sealed bids that have been
filed and they shall note in the minutes the substance of the best
sealed bid. Section History: Early Form
[C24, 27, 31, 35, 39, § 1173; C46, 50, 54, 58, 62, 66, 71, 73,
75, 77, 79, 81, § 75.3] Section History: Recent Form
83 Acts, ch 90, § 14
