ITEM TITLE:
Report: Results of Surplus Auction for 34 Pieces of Dens Deck Prime Fireguard Roof Boards
SUBMITTED BY: John Witte, Public Works Director
FISCAL NOTES:
Expenditure Required: $0
Unencumbered Balance: $0
Funding Source: N/A
RECOMMENDATION:
Receive and file.
SUMMARY STATEMENT:
This report is filed in accordance with Valdez Municipal City Code 4.06.020, which states, "Sale of obsolete supplies, equipment or personal property having a fair market value of ten thousand dollars or less shall be reported to the city council."
This report summarizes the results of the recent surplus auction held from January 1st -16th on GovDeals.com. The 34 pieces of 4’x8’x5/8”; DensDeck Prime Fireguard Roof Board, with a fair market value of $1,000.00, were sold for $117.00.
The proceeds from this sale will be utilized in accordance with the City’s budgeting processes.