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Authorize the Sale of Personal Property by Public Auction
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Staff:
Department:
Lance Norris, Director
Public Works Department
Mark Agosto, Fleet Manager
Overview: As part of the Fleet Replacement Program, vehicles replaced after exceeding their useful life are eligible to be sold through an online public auction. In 2005, the State enacted Session Law 2005-227 which authorizes local governments to increase the value of surplus property sold using informal procedures to $30,000. Any amount higher than this threshold requires Council authorization. The sale price of the vehicles listed in this Resolution may exceed $30,000 and therefore require Council's authorization for disposal.
Recommendation:
That the Council adopt the attached resolution declaring the vehicles listed as surplus and authorize their sale in an online auction through www.GovDeals.com
Key Issue: The vehicles listed have been replaced utilizing Vehicle Replacement funding and are no longer needed by the Town.
Fiscal Impact/Resources: There is no cost to list the vehicle online. Proceeds of the sale of the vehicle will be returned to the Vehicle Replacement Fund.
Attachments:
Resolution
A RESOLUTION AUTHORIZING SALE OF PERSONAL PROPERTY BY PUBLIC AUCTION (2024-05-15/R-3)
WHEREAS, Chapter 160A, Article 12 of N.C. General Statutes and Section 4-16 of the Charter of the Town of Chapel Hill authorizes the Town to dispose of surplus property; and
WHEREAS, in 2005, the State enacted Session Law 2005-227 which authorizes local governments to increase the value of surplus property sold using informal procedures to $30,000. Any amount higher than this threshold requires Council authorization; and
WHEREAS, the Town desires to dispose of the personal property listed as follows by electronic public auction (www.GovDeals.com) scheduled for Monday, June 3, through Monday, June 17, 2024: Equipment # 7324 - 2008 International Sweeper; Equipment # 3809 - 2003 KME Fi...
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