ITEM TITLE:
Auction Report: 2003 Ford Expedition
SUBMITTED BY: John Witte, Public Works Director
FISCAL NOTES:
Expenditure Required: N/A
Unencumbered Balance: N/A
Funding Source: N/A
RECOMMENDATION:
Receive and file the auction results for the 2003 Ford Expedition.
SUMMARY STATEMENT:
The 2003 Ford Expedition was auctioned in accordance with Valdez Municipal City Code 4.06.020. The vehicle was sold for $2,700.00, with a fair market value set at $4,280.00. The proceeds from this sale will be utilized in accordance with the City’s budgeting processes.