District property, such as equipment, furnishings, supplies, or any other property that is not real property (hereafter “equipment”), will be disposed of when it is determined to be of no further use to the District. It shall be the objective of the District in disposing of the equipment to achieve the best available price or most economical disposal.
Obsolete equipment having a value of no more than $25,000 may be sold or disposed of in a manner determined by the board. The sale or disposition of equipment will be published in a newspaper of general circulation. Unpurchased equipment will be properly disposed of. Any obsolete equipment may be thrown away.
A public hearing will be held regarding the disposal of the equipment with a value of $25,000 or more prior to the board's 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 time and place of the public hearing in a newspaper of general circulation at least once, but not less than ten (10) days and not more than twenty (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.
Proceeds from the disposition or lease of equipment shall be placed in the District’s general fund.
It shall be 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 District.
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Approved: 11/14/67 |
Reviewed: 8/12/19 |
Revised: 12/12/11; 7/8/13; 10/13/25 |
Decisions regarding the lease, sale, or disposal of real property belonging to the District shall be made by the Board. In making its decision the Board will consider the needs of the education program and the efficient use of public funds.
Before the board may authorize disposition of real property by sale, gift or lease for a period of more than one year, a public hearing will be held. The board will adopt a resolution announcing the proposed sale which will contain notice of the time and place of the public hearing and the description of the property or locally known address. Notice of the time and place 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. Upon completion of the public hearing, the board may authorize disposition of the property in accordance with the proposal reviewed during the public hearing.
The board may market and authorize the sale of any student constructed buildings by any procedure recommended by the superintendent and authorized by the board, and the public hearing requirement contained in this policy will not apply to the sale of student constructed buildings. The public hearing requirement in this policy will also not apply to the lease of school district real property for a period of one year or less or to the lease of a portion of an existing school building for any term.
If the real property contains less than two acres, is located outside of a city, is not adjacent to a city and was previously used as a schoolhouse site, the property may revert to the owner of the tract from whom the property was taken following the procedures set forth in Iowa Code §§ 297.15-.25.
The board will not enter into an agreement to prohibit the sale of real property to other educational institutions as defined in Iowa Code 297.24. If the board offers to sell real property that includes a building or structure, and an educational institution offers to purchase the real property for a purchase price that represents the highest bid the board received, the board will sell the real property to the other educational institution for such purchase price.
In the case of the razing of a school district facility, in an amount in excess of the statutory minimum required by law, the board will advertise and take bids or quotes as may be required and defined by Iowa Code 26 for the purpose of awarding the contract for the project.
Proceeds from the disposition of real property shall be placed in the District’s physical plant and equipment levy fund. Proceeds from the lease of real property shall be placed in the District’s general fund.
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Approved: 2/12/90 |
Reviewed: |
Revised: 12/12/11; 7/8/13; 8/12/19; 10/13/25 |