Summary
To: Town Commission
From: Stefan Massol, Director of Support Services
Date: 11/21/2017
______________________________________________________________________
Subject:
Title
Disposal of Capital Assets #2017-3
Summary:
Staff is requesting Commission approval to dispose of the attached capital asset listing.
End
Body
Previous Commission Action: As a matter of practice the Commission hears the disposal of all capital assets.
Background/Problem Discussion: Staff has reviewed the fixed asset listing and found several items that are no longer in use or have been replaced. All items will be auctioned on GovDeals.com and/or properly disposed or destroyed.
Expenditure Challenges: None.
Financial Implications: Gain or loss on sale is dependent on proceeds from sale, most assets have been fully depreciated.
Recommendation: Staff recommends that the Commission move approval of the disposal of capital assets listed on the attached schedule.
Proposed Motion: I move approval to dispose of the capital assets listed on the attached schedule.