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Public works to auction obsolete equipment; proceeds to return to city budget
Summary
Public-works staff said the city will auction older, nonworking equipment through a local auction company and expects to recover funds (less seller fees) to deposit back into the municipal budget.
Public-works staff outlined plans to dispose of obsolete equipment through auction and to return proceeds to the city budget.
A public-works representative (speaker 7) said the department will sell older vehicles and equipment that are no longer serviceable and that much of the inventory is not working. Staff plan to use an auction company (RJO auction) that typically charges a 10 percent fee; they said large attendance at auctions typically improves realized sale prices and that proceeds would be reinvested into the city budget.
Council asked if there were any questions; staff indicated the items had previously been approved for disposal and that auction logistics were in motion.
