ITEM TITLE:
#26-18 - Authorizing the Sale of a Surplus 2009 Nissan Crosswind Street Sweeper
SUBMITTED BY: John Witte, Director, Public Works Department
FISCAL NOTES:
Expenditure Required: N/A
Unencumbered Balance: N/A
Funding Source: N/A
RECOMMENDATION:
Authorize the sale of the 2009 Nissan Crosswind Street Sweeper as surplus property, with a minimum acceptable bid (reserve) of $15,000.
SUMMARY STATEMENT:
The City of Valdez currently owns a 2009 Nissan Crosswind Street Sweeper. The unit has been evaluated and determined to have an estimated fair market value of $30,000 in fair condition. Public Works has identified this equipment as surplus to the City’s operational needs and recommends disposal through an online public sale via GovDeals.com.
Pursuant to Valdez Municipal Code § 4.06.020, “No surplus or obsolete supplies, equipment, or personal property of a fair market value in excess of ten thousand dollars may be disposed of by any means without city council approval. The city manager shall recommend to the city council the minimum acceptable bid.”
The City Manager recommends setting the minimum acceptable bid price at no less than $15,000. Approval of this action will authorize staff to proceed with advertising and listing the equipment for sale, with all proceeds to be deposited into the Major Equipment Reserve within the General Fund.