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 |