Title
DECLARATION OF SURPLUS AND/OR OBSOLETE EQUIPMENT AND MATERIALS AND AUTHORIZING THE SALE THEREOF.
Body
BACKGROUND: Section 8-301 of the Code of Ordinances of the City of Norman provides that “The City Council must declare surplus or obsolete any supplies, materials, or equipment where the valuation exceeds one thousand dollars ($1,000) prior to the selling of such supplies, materials, or equipment.” The auction will be conducted by Big Iron. Big Iron, upon sale of 7% of gross sales tax. All items sold at auction are understood to be sold as is.
DISCUSSION: The attached inventory sheets are supplies, materials, or equipment identified as surplus or obsolete, and are therefore being prepared for sale at auction
RECOMMENDATION: It is recommended that the attached list of supplies, materials, or equipment be declared surplus or obsolete, and approved for sale at public auction.