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DECLARATION OF SURPLUS AND/OR OBSOLETE EQUIPMENT AND MATERIALS AND AUTHORIZING THE SALE THEREOF.
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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." Once these items are declared to be surplus or obsolete, an auction will be conducted by Big Iron Online Auctions pursuant to Contract K-1213-122, approved by Council on July 9, 2013. Big Iron, upon sale of any item sold will retain as total commission and compensation, 7% of gross sales, less sales tax. All items sold at auction are understood to be sold as is. The auction is scheduled for May, 2015, date to be determined.
DISCUSSION: The attached inventory sheet is 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.