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Administration proposes online consignment auction with Royal Auction Group to maximize surplus proceeds
Summary
Administration asked the committee to authorize sale of surplus vehicles and equipment via a consignment auction with Royal Auction Group, saying the firm markets nationally and the City receives 100% of sale proceeds while buyers pay an additional fee.
Administration proposed an ordinance authorizing sale of surplus municipal property (vehicles, road machinery, equipment) by consignment with the Royal Auction Group. Assistant Service Director Mike Testa said the company would prepare listings, photographs and manage buyer communication and title transfers; Testa described the approach as a trial to see if proceeds improve over the City’s historical online auctions. "There was no direct cost to the City since the company did not work on a commission basis," Testa said, explaining that a buyer fee would be added on top of the sale price and the City would receive the full bid amount.
The committee asked about the types of assets and how listings would be presented online; staff said a detailed exhibit listing the June auction items will be provided at the next meeting and that the company spreads listings across multiple specialized platforms to reach a broader buyer pool. The motion to forward the ordinance to Council carried unanimously.
