BUILDINGS & SITES
803.1 - DISPOSITION OF OBSOLETE EQUIPMENT
School property, such as equipment, furnishings, equipment and/or supplies (hereafter equipment), will be disposed of when it is determined to be of no further use to the school district. It is the objective of the school district in disposing of the equipment to achieve the best available price or most economical disposal.
Obsolete equipment or property other than real property having a value of no more than $25,000 will be sold or disposed of in a manner determined by the board. However, the sale or disposition of equipment, furnishings or supplies disposed of in this manner will be published in a newspaper of general circulation. If any obsolete equipment or property has a value above $500 then the board will ask for bids. If any obsolete equipment has a value of less than $500 then those items may be auctioned off by either bids or best offer.
A public hearing shall be held regarding the disposal of the equipment with a value of $25,000 or more prior to the board's final decision.The board will adopt a resolution announcing the proposed sale or disposition and will publish notice of the time and place of the public hearing and the description of the property will be in the resolution. Notice of the public hearing will be published at least once, but not less than 10 days and not more then 20 days, prior to the hearing date unless otherwise required by law. Upon completion of the public hearing, the boad may dispose of the equipment.
It will be the responsibility of the superintendent to make a recommendation to the board regarding the method for disposing of equipment no longer useful to the school district.
Legal Reference: Iowa Code §§ 297.22-.25 (1995).
Cross Reference: 704 Revenue
705.1 Purchasing - Bidding
803 Selling and Leasing
Approved: 12/17/98
Reviewed: 2/15/16
Revised: 3/16/00, 7/18/2022