Title
Public Surplus Equipment Auction Policy
History
In February 2012, the Village Board approved the use of an on-line public auction to dispose of certain surplus property. As part of that process, the Village is requiring that all successful purchasers complete and sign the attached form. This form was modeled after other similar policies used by municipalities such as Chicago and has been reviewed by the Village Attorney.
Staff expects that use of the on-line auction will begin next month. The Public Works Department is already prepared to post the first items following approval of this policy.
On April 16, 2012, this item was reviewed and approved by the Public Works & Engineering Committee and referred to the Board for approval.
Financial Impact
None
Recommended Action/Motion
I move to approve the use of the form entitled Village Surplus Equipment Auction Policy as presented and require successful purchasers to complete and sign the required form.