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Resolution No. 1997-41 <br /> <br />STATE OF NORTH CAROLINA ) <br /> ) <br />CABARRUS COUNTY ) <br /> <br />RESOLUTION <br /> <br /> WHEREAS, the Board of Commissioners authorized the County Manager and the <br />Purchasing Agent, in a joint effort, to dispose of surplus property valued at less than $500 on <br />December 19, 1994; and <br /> <br /> WHEREAS, General Statute 160A-266(c) has been amended increasing the maximum <br />amount an authorized official can dispose of property under informal procedures from $500 to <br />$5,0O0. <br /> <br /> NOW THEREFORE BE IT RESOLVED, by the Board of Commissioners of Cabarrus <br />County as follows: <br /> <br /> 1. County Manager may declare property valued at less than $5,000 as surplus. <br /> <br /> 2. Purchasing Agent will determine fair market value or exchange values of such <br /> property. <br /> <br /> 3. Purchas'mg Agent will dispose of property efficiently and economically. <br /> <br /> 4. Purchasing Agent will convey title to property. <br /> <br /> 5. Purchasing Agent will be responsible for keeping a record of all property sold <br /> under this statute, describing the property sold, to whom it was sold, and the <br /> amount received for each sale. <br /> <br /> Adopted this 15th day of December, 1997. <br /> <br />ATTESTED BY: <br /> <br />SUE B. CASPER, CHAmMAN <br />CABARRUS COUNTY COMMISSIONERS <br /> <br />FRANKIE F. BONDS, CLERK TO THE BOARD <br /> <br /> <br />