Title
Donation from CATS surplus
Action
Action:
A. Adopt a resolution authorizing the donation of one surplus bus shelter to Lake Wylie Christian Assembly, a nonprofit organization, and
B. Authorize the City Manager, or his designee, to execute all necessary agreements and other documents to complete and implement this transaction.
Body
Staff Resource(s):
Brent Cagle, CATS
Allen C. Smith III, CATS
Explanation
§ The Charlotte Area Transit Systems (CATS) currently has a bus shelter that is no longer in condition for continued use by CATS.
§ Lake Wylie Christian Assembly, a nonprofit organization incorporated by the State of South Carolina and recognized by the U.S. Department of Treasury as a 501(c)(3) entity under the Internal Revenue Code, has requested the surplus shelter.
§ North Carolina General Statute 160A-280 permits the city to convey surplus or obsolete personal property to a nonprofit organization incorporated by one of the United States.
§ Equipment that has reached the end of its useful life and has a fair market value less than $5,000 may be disposed of pursuant to locally authorized methods with no reimbursement required to the Federal Transit Administration (FTA).
§ The bus shelter was purchased in January of 2012 for $8,846.17 and financed, in whole or part, with FTA funds.
§ The bus shelter reached the end of its useful life and was removed in November 2022, as it no longer met “state of good repair” requirements set by the FTA.
§ Lake Wylie Christian Assembly has agreed to accept the bus shelter in its “as is” condition and will be responsible for transporting the shelter to the desired location.
Attachments
Attachment(s)
Resolution