TITLE: Title
Disposal of Surplus Property and Public Auction November 16, 2019
PURPOSE: To seek authorization for disposal of surplus personal property owned by the Town.
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DEPARTMENT: Finance, Public Works, et al
CONTACT INFORMATION: Arche McAdoo, ext. 7493; Joe Guckavan, ext. 7427
INFORMATION: It’s been two years since the Town has held a public auction to dispose of surplus vehicles, equipment and other personal property owned by the Town. In the past all surplus vehicles and equipment were transported to High Point for public auction at facilities of the auctioneer. Other surplus personal property items were sold via the internet on www.govdeals.com <http://www.govdeals.com>. This year we plan to hold a public auction on site at the Public Works Facility and Grounds.
Exhibit 1 to Attachment A, Resolution for Disposal of Town Surplus Property, is a list of surplus property identified so far that is intended for the public auction sale on November 16, 2019. There may be other items, such as the solid waste vehicle recently taken out of service that needs to be added to the list. While each item or group of items is estimated to have a fair market value of less than thirty thousand dollars ($30,000), we anticipate total revenues from this sale will be more than $30,000.
The Town issued a Request for Proposals (RFP) for auctioneer services and subsequently contracted with Rogers Auctioneers, Inc. Rogers Auctioneers will handle set-up, advertising, logistics and a crew of 6-10 staff to conduct the auction.
FISCAL & STAFF IMPACT: All funds from the public auction sale will be deposited in the Town’s General Fund.
RECOMMENDATION:r That the Board of Aldermen adopt the attached resolution for disposal of Town surplus property.