Title
Approval of the surplus property list and authorization to auction this surplus property via the Internet through Rene Bates Auctioneers.
Body
Summary:
Attached is a list of vehicles and equipment that has been turned in as surplus property. City staff recommends that all surplus property be sold through the Rene Bates Internet Auction process. The City has used Rene Bates for the past 13 years and in so doing has achieved greater results vs. handling the auction on site. Using this platform affords the City the opportunity to attract more national bidders and a higher dollar bid per item. Rene Bates Auctioneers earns a 6.75% commission on all sales, but no other fees are charged to the City. Pending approval of the City Council, the 2016 auction is scheduled to run for two weeks from Monday August 29, 2016 through Friday September 9, 2016 at 9 am in order to complete the process prior to the end of the fiscal year.
Fiscal/Budgetary Impact:
Any proceeds from the sale of surplus property are recorded as revenue in the General Fund, Account No. 10-000-3614, Sale of Surplus Materials.
Recommended action:
Approval of and authorization to auction surplus property via the Internet through Rene Bates Auctioneers.