TO: Honorable Mayor & Members of the North Port Commission
FROM: A. Jerome Fletcher II, ICMA-CM, MPA, City Manager
TITLE: Approve the Disposition of Surplus Assets in an Appropriate Fashion Pursuant to Chapter 2 Administration, Article VIII Procurement, Section 2-419, Disposition of City Assets and Property (d), (1) of the Code of the City of North Port, Florida.
Recommended Action
Approve the Disposition of Surplus Assets in an appropriate fashion pursuant to Chapter 2 Administration, Article VIII Procurement, Section 2-419, Disposition of City Assets and Property, (d), (1), of the Code of the City of North Port, Florida.
Background Information
The Finance Department shall be deemed responsible for the disposition of City surplus assets. Section 2-419, Paragraph (d), Assets with an original purchase value greater than the threshold limit set forth in F.S. 274.06, must receive City Commission approval for disposal and may then be disposed of in the following fashion:
(1) Sold. Surplus assets determined to have no useful purpose for the City or other public entities yet still having some intrinsic value may be held for inclusion in an auction or other City sale, such as closed bidding.
(2) Discarded. Surplus assets determined to have no useful purpose and no value for the City, or any other entity may be discarded in the trash.
(3) Donated. Surplus assets determined to have no useful purpose for the City yet still containing some intrinsic value may be donated by the City Commission to a nonprofit agency or governmental agency.
Strategic Plan
Financially Responsible City Providing Quality Municipal Services
Financial Impact
Revenue will be received in the funds which originally purchased the equipment.
Procurement
Not applicable.
Attachments:
1. Asset Disposition and Recommended Method of Disposal - September 2022
2. City of North Port Property Disposal Form PD - September 2022
3. City of North Port Property Disposal Form IT - September 2022
4. City of North Port Property Disposal Form UT - September 2022
5. City of North Port Property Disposal Form PR - September 2022
Prepared by: Tamara Oliver, Accounts Specialist/Fixed Assets through Angela Hollister, Senior Accountant
Department Director: Kimberly Williams, Finance Director