City Council Meeting
City of DeBary
Subject: Surplus Equipment
From: Finance Director
Meeting/Hearing Date: November 1, 2017
( ) Ordinance
( ) Resolution
(X ) Other
( ) Supporting Documents/Contracts
Authorization to dispose of surplus property and remove from capital inventory.
Florida Statute 264.07 requires the authority for disposal of property shall be recorded in the minutes of the governmental unit.
The surplus property is no longer in use, is obsolete and/or serves no useful function. The surplus property has no commercial value.
Chapter 274.06 of the Florida Statutes, in summary, authorizes governmental units to dispose of property for value to any person, or may
dispose of for value without bids, or donate, destroy, or abandon property without commercial value. This statute authorizes governmental agencies to dispose of surplus equipment with an estimated value of less than $5,000 in the most efficient and cost-effective means as determined by the governmental unit.
Approve the disposal of surplus property and remove these items from the capital inventory listing for fiscal year 2017.
City Council Action:
( ) Approved As Recommended
( ) Approved With Modification
( ) Disapproved
( ) Continued Date:
( ) Other