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AG 2006 08 21
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AG 2006 08 21
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Last modified
8/24/2006 1:40:13 PM
Creation date
11/27/2017 11:33:43 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
8/21/2006
Board
Board of Commissioners
Meeting Type
Regular
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<br />Subiect: <br /> <br />Purpose: <br /> <br />Policy: <br /> <br />Procedure: <br /> <br />Sale of Surplus Personal Property <br /> <br />Establish certain guidelines for the disposal of any obsolete, surplus, or other equipment the County may offer for <br />sale to the public. <br /> <br />1. <br /> <br />The Purchasing Agent will process all personal property sales for the County by advertising for bids once <br />approval of the Board of Commissioners has been obtained authorizing disposal. <br /> <br />2. An item or group of items valued at less than $30,000 may be sold to individuals at the discretion of the <br />Purchasing Agent with authorization from the County Manager. <br /> <br />3. All sales are made in compliance with the NC General Statutes that govern disposal of surplus property. <br /> <br />4. Surplus equipment such as automobiles, trucks, furniture and other equipment are usually sold by public <br />auction. <br /> <br />5. All bidding shall be open to the general public. <br /> <br />1. Items to be sold by sealed bids, electronic auction or public auction should be submitted by memorandum <br />to the Purchasing Agent giving the full description and details, including fixed asset and equipment <br />numbers. <br /> <br />2. Minimum prices for disposal of surplus items are to be established by the Department Head and the <br />Purchasing Agent. These minimum prices should take into account the fair market value, salvage value, <br />etc., and shall not arbitrarily be determined. <br /> <br />3. All property will normally be disposed of in one of the following ways: <br />a. Transferred for use in another department/governmental entity. <br />b. Sold immediately by sealed bid. <br />c. Held lor sale at public auction. <br />d. Destroyed due to no salvage value. <br />e. Sold to individuals, at the discretion of the Purchasing Agent and with authorization from the <br />County Manager, if value is less than $30,000. <br /> <br />4. All sales by public auction and sealed bids are advertised and submitted to the Board of Commissioners for <br />approval. <br /> <br />5. The Finance D~partment collects all proceeds from all sales. <br /> <br />20 <br /> <br />F-B <br />
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