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803.1 DISPOSITION OF OBSOLETE EQUIPMENT

Code No.  803.1

 

 

DISPOSITION OF OBSOLETE EQUIPMENT

 

 

School property, such as equipment, furnishings, equipment and/or supplies (hereafter equipment), will be disposed of when it is determined to be of no further use to the school district.  It is the objective of the school district in disposing of the equipment to achieve the best available price or most economical disposal.

 

Obsolete equipment or property other than real property having a value of no more than $25,000 will be sold or disposed of in a manner determined by the board. However, the sale or disposition of equipment, furnishings, or supplies disposed of in this manner will be published in a newspaper or a general circulation.

 

A public hearing will be held regarding the disposal of the equipment with a value of $5,000 or more prior to the boards final decision.  The board will adopt a resolution announcing the proposed sale or disposition and will publish notice of the time and place of the public hearing and the description of the property will be in the resolution. Notice of the public hearing will be published at least once, but not less than 10 days and not more than 20 days, prior to the hearing date. Unless otherwise required by law.  Upon completion of the public hearing, the board may dispose of the equipment.

In the case of a sale, advertisements for bids shall be taken.  If the bids received by the board are deemed inadequate, the board may decline to sell the property or re-advertise.

 

It is the responsibility of the superintendent to make a recommendation to the board regarding the method for disposing of equipment of no further use to the school district.

 

 

 

Legal Reference:           Iowa Code §§ 297.22-.25 (1993).

 

 

Cross Reference:        704     Revenue

                                    705.1  Purchasing - Bidding

                                    803    Selling and Leasing

 

 

Approved          08/23/94           Reviewed          02/16/98; 2/11/02; 1/08/07; 1/11/12; 1/10/17; 1/11/22           Revised             07/09/14; 7/13/21           

                                                              

 

 

 

 

 

 

MORNING SUN COMMUNITY SCHOOL DISTRICT BOARD OF DIRECTORS