Title
Electronic Auction for Disposal of Surplus Recycling Equipment
Action
Action:
A. Adopt a resolution declaring specific equipment as surplus,
B. Authorize said items for sale by electronic auction beginning October 22, 2018, and ending November 19, 2018, and
C. Authorize the City Manager to approve certain administrative and storage fees as may be required from time to time for auction events.
Body
Staff Resource(s):
Brent Cagle, Aviation
Jack Christine, Aviation
Robert Campbell, Finance
Kay Elmore, Finance
Explanation
§ Pursuant to North Carolina General Statute 160A-270(c), approval is requested for an electronic auction.
§ Aviation is requesting the disposal of surplus recycling equipment used to support the Airport waste (e.g. plastics, paper, and aluminum) recycling program.
§ The auction is scheduled to begin October 22, 2018, and end November 19, 2018, to dispose of City-owned property (recycling equipment, including worm beds and worms) declared as surplus. See property list (Exhibit - A) for items to be auctioned.
§ Finance provides asset recovery and disposal services for City departments.
§ The electronic auction will be conducted by Rogers Realty and Auction Company (www.rogersauctiongroup.com) who will be compensated seven percent of the total gross sales price of the surplus recycling equipment through auction proceeds.
§ Proceeds from this auction will be distributed to Aviation.
Attachments
Attachment(s)
Property Lists (Exhibit - A)
Resolution