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Declaration of Asset as Surplus for Trade-In and Removal From Fixed Asset Inventory
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BRIEF OVERVIEW
Fleet Management has prepared a listing of tangible property subject to disposal. Fleet Management received a request from Solid Waste to use asset #18476, a zero-turn mower, for trade-in towards the purchase of a replacement. Before such action can be taken, the Board must declare the asset as surplus and authorize it to be used as a trade-in.
In accordance with Florida Statute 274.07, “Authority for the disposal of property shall be recorded in the minutes of the governmental unit.”
STRATEGIC PLAN INITIATIVES
N/A
FINANCIAL IMPACT
Trade-in credit of $250.00 applied towards the purchase of a brand new zero-turn mower.
LEGAL NOTE
The Board has authority to act on this matter pursuant to Section 274.05 and Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended the Board approve the item from the attached list to be declared as surplus, traded in, and removed from the County’s fixed asset inventory.