An auction sale is the offering for sale or selling of personal
property to the highest bidder or offering for sale at a high
price and then offering the same at successive lower prices until
a buyer is secured. Auctions can only be conducted by a licensed
auctioneer, who must first submit an application
to the City Clerk’s Office, along with the appropriate fees and
bond, at least ten days prior to the proposed auction (see Chapter
22, Article 1 of the
City Code).