| Section 2.52.070 of the AMC authorizes the Purchasing Agent to dispose
of surplus personal property by any means determined to be in the best interests
of the City. If such property has a residual value greater than $10,000,
City Council authorization will be obtained prior to disposal.
Attached is a list of personal property purchased or acquired through normal
city operations that has been considered surplus by the custodial department.
The Manner of Disposal column identifies how the piece of equipment
is expected to be disposed. This may change depending on the circumstances
at the time of transaction with staff being mindful of the cost to liquidate
and the net proceeds. A preference is given to other government agencies
if an amount near the estimated value can be obtained. Trade-ins are done
when replacing the unit garners adequate proceeds for the old item.
The Ford Thunderbird (#196) and the John Deere 510-C backhoe (#107) were
declared surplus in March but did not sell at that time. We are trying again
with the car and considering a trade-in of the backhoe.
A recap of the disposal of assets from March is attached showing a 90% recovery
of the estimated value. A follow-up report to this list will be prepared
when the new items listed are gone. |
