3225: Property - Sales and Disposal
3225: Property - Sales and Disposal holly Mon, 07/01/2019 - 14:40听
The superintendent (or designee) shall be authorized to sell or otherwise dispose of any surplus property or equipment in the District.听听Prior to such sale, the surplus property or equipment shall be presented to the Board in the District Treasurer鈥檚 Report.
The superintendent (or designee) shall select a method of sale that is likely to produce the greatest return for the district.听听Such method may include, but is not necessarily limited to, local public auctions, online electronic auctions, negotiations,听sales to employees for not less than fair market value,听or trade-ins.听听If, after due diligence, it is determined that an item has no monetary value, the item may be recycled or otherwise disposed of.
The proceeds from the sale of property shall be applied first to the costs associated with the sale.听听The remaining balance, if any, shall be receipted into District funds as directed by the superintendent (or designee).
The superintendent (or designee) may promulgate administrative procedures to further the implementation of this policy.
Neb. Rev. Stat. 搂79-10,114