DISCLAIMER

07-0480R


RESOLUTION AUTHORIZING A CONTRACT WITH PROPERTYROOM.COM, INC., FOR DISPOSAL OF SURPLUS PROPERTY, COMMISSION SALES.

BY COUNCILOR KRAUSE:

     RESOLVED, that the proper city officials are authorized to execute and implement a contract between the city and PropertyRoom.com, Inc., substantially the same as that on file with the clerk as Public Document No. _________________, for the public sale of surplus property at a commission rate not to exceed 50 percent of proceeds.


STATEMENT OF PURPOSE:  The city has determined that for many items of surplus property internet sales are a more efficient method of disposal. The logistics and expenses of an auction are sometimes inefficient. This resolution authorizes the purchasing agent to use this national network to dispose of some property.