Loading...
HomeMy WebLinkAbout11 SURPLUS SALES 10-15-01AGENDA REPORT NO. 11 10-15-01 MEETING DATE: TO: FROM: SUBJECT: OCTOBER 15, 2001 WILLIAM A. HUSTON, CITY MANAGER PUBLIC WORK DEPARTMENT / FIELD SERVICES SURPLUS EQUIPMENT SALES REPORT 380-60 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 proceeds in the amount of $12,899.00 received from the subject sale will be 'credited to the General Fund. BACKGROUND On August 20, 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 September 2, 2001. The following is a summary of the sales proceeds and costs: Gross Proceeds Auction Commission Costs Safety Inspection Charges Net Proceeds $13,600.00 - $476.00 . - $225.00 $12,899.00 Tim D. Serlet. Director of Public Works/City Engineer Wisam Altowaiji Field Services Manager TD:WA:ccg:Sale of Surplus Equip 9-01 .doc .~- W Z 0 0 0 0 0 0 0 0 ~.-,, 0 1.0 LO IOtO I.(3 1.0 0 o 03 Lo P-. o oo 0o P-.. ~ 0 0 0 0 0 ~ ~ ~ ~ ~ 0 0 X ~ ~ ~ 0 o w 0 0 o o