| Obion County Board of Education |
Agenda Item: VII.E. |
Consider/Approve Request to Declare Property Surplus and Dispose Via Most Economical Method |
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Background Information: The Transportation Department requests the Board to declare surplus three (3) 1999 78-passenger school buses. The Transportation Department took the vehicles out of service due to age and condition. Although these vehicles are no longer of any use to the System, it is estimated that salvage value of the vehicles is in excess of the value specified in TCA §49-6-2007(d)(1), which states “Surplus personal property in local school systems which has no value or has a value less than two hundred fifty dollars ($250), may be disposed of without the necessity of bids as required by this section.” Therefore, sealed bids will be sought to dispose of the school buses if approved by the Board. In addition to advertising locally, we will advertise statewide and nationally for sealed bids. Staff Recommendation: I recommend the Board declare the above-noted items as surplus and approve the disposition via the most economical method as described above. |
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