HomeMy WebLinkAbout14 SURPLUS EQUIP RPT 05-21-01AGEN.DA REPORT .o.:
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MEETING DATE: MAY 21. 2001 380 60
TO: WILLIAM A. HUSTON, CITY MANAGER
FROM: PUBLIC WORK DEPARTMENT / FIELD SERVICES
SUBJECT: SURPLUS EQUIPMENT SALES REPORT
SUMMARY
Notice of the sale of surplus equipment at public auction in accordance with Section 1626 of the
Tustin Municipal Code.
RECOMMENDATION
Receive and file.
FISCAL IMPACT
The total net proceeds in the amount of $20,268.50 received from the subject sale will be credited to
the general fund in the amount of $19,303.50 and account 58-000-4771 in the amount of $965.00.
BACKGROUND
On January 16, 2001, the Tustin City Council declared certain equipment surplus and not required
for public use and authorized its sale at public auction in accordance with Section 1626 of the Tustin
Municipal Code.
DISCUSSION
The equipment listed on the attached report was sold at public auction on February 4, 2001. The
following is a summary of the sales proceeds and costs:
Gross Proceeds $22,100.00
Auction Commission Costs -$773.50
Smog Test Fees -$330.00
Safety Inspections -$450.00
Other Related Charges -$278.00
Net Proceeds S20,268.50
Tim D. Serlet ~ Wisam Altowaiji
Director of Public Works/City Engineer Field Services Manager
TDS:WA:ccg:Sale of surplus equip 5-21-01
Attachment: spread sheet
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