File #: 25-0269    Version: 1
Type: Report Status: Agenda Ready
File created: 6/4/2025 In control: City Council
On agenda: 6/17/2025 Final action:
Title: Auction Report: 2015 Mitsubishi FG35 Forklift
Attachments: 1. 2015_Forklift_Mitsubishi_FG35N5LE_Ad, 2. 2015_Forklift_Mitsubishi_FG35N5LE_Fair_Market_Approval_Form, 3. 2015_Forklift_Mitsubishi_FG35N5LE_Market_Research, 4. 2015_Forklift_Mitsubishi_FG35N5LE_Picture (4)
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ITEM TITLE: 

Auction Report: 2015 Mitsubishi FG35 Forklift

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 2015 Mitsubishi FG35 Forklift.

SUMMARY STATEMENT:

The 2015 Mitsubishi FG35 Forklift was auctioned in accordance with Valdez Municipal City Code 4.06.020. The vehicle was sold for $3,175.00, with a fair market value set at $3,500.00. and a reserve set at $1,750.00. The proceeds from this sale will be utilized in accordance with the City’s budgeting processes.