Title
CATS Retired Buses Donation
Action
Action:
Adopt a resolution authorizing the donation of five surplus CATS buses to the City of Oxford, Mississippi.
Body
Staff Resource(s):
John Lewis, CATS
Tangee Mobley, CATS
Explanation
§ North Carolina General Statute 160A-280 authorizes the donation of personal property to another governmental unit upon adoption of a resolution by the City Council.
§ CATS’ buses are purchased with funds from the Federal Transit Administration (FTA) (80 percent), North Carolina Department of Transportation (10 percent), and local funds (10 percent).
§ Buses that have reached the end of their useful life (defined by the FTA as more than 12 years of service and/or 500,000 service miles) and have a fair market value (FMV) less than $5,000, may be disposed of pursuant to locally authorized methods with no reimbursement required to the FTA.
§ CATS has identified five buses that have reached the end of their useful service life, have a FMV less than $5,000, and are no longer needed.
§ The City of Oxford Mississippi will accept the donated buses in “as is” condition, without warranty.
Attachments
Attachment(s)
Resolution