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
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