TO: Honorable Mayor & Members of the North Port Commission
FROM: Peter D. Lear, CPA, CGMA, City Manager
TITLE: Approve the Asset Disposition Services Agreement and Sourcewell Standard Fees & Services Addendum for the Utilization of PropertyRoom.com to Auction Seized, Stolen and Abandoned Goods.
Recommended Action
Approve the Asset Disposition Services Agreement and Sourcewell Standard Fees & Services Addendum for the utilization of PropertyRoom.com to auction seized, stolen and abandoned goods.
Background Information
The North Port Police Department frequently has seized, stolen and abandoned goods that need to be disposed of. By statute, law enforcement agencies may auction seized, found and unclaimed personal property at public auctions. PropertyRoom.com will pick-up all those goods and open them to their public auctions nationwide then send back the proceeds of the sale. Auctions never include firearms.
In addition to generating revenue for the City, using this service will also free up space at the Police Department during the auction process. PropertyRoom.com will pick up the item(s) going to auction. This is helpful since the Property/Evidence Department has limited space available to them and the Police Department doesn't have extra space to store surplus items. Fees are taken from the sale price and the proceeds will be sent to the City. The funds can be deposited into a specific account set up by Finance.
The City Attorney's Office has reviewed the agreement for form and correctness.
Strategic Plan
Enhance services and expand availability of resources provided to residents
Financial Impact
Revenue can be deposited into account 001-0000-358-2000
Procurement
N/A. Fees are taken from the sale price. The proceeds are paid to The City of North Port.
Attachments:
1. Asset Disposition Services Agreement
2. Sourcewell Standard Fees & Services Addendum
3. Propertyroom.com New Account Set-up
4. PropertyRoom.com Sourcewell Contract
5. Competitive...
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