School property, such as equipment, furnishings, 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 having a value of less than $5,000 will be sold or disposed of in a manner determined by the board. It shall be the responsibility of the superintendent to determine the best avenue for the disposal of equipment valued at less than $5,000. However, the sale of equipment, furnishings or supplies disposed of in this manner shall be published in a newspaper of general circulation. The publication of the sale or disposition will be published with at least one insertion each week for two consecutive weeks.
A public hearing shall be held regarding the disposal of the equipment with a value of $5,000 or more prior to the board's final decision. The board shall adopt a resolution announcing the proposed sale and shall publish notice of the time and place of the public hearing and the description of the property shall be in the resolution. Notice of the public hearing shall be published at least once, but not less than 10 days and not more than 20 days, prior to the hearing date. Upon completion of the public hearing, the board may dispose of the equipment.
It is the responsibility of the superintendent to make a recommendation to the board regarding the method for disposing of equipment of no further use to the school district.
Legal Reference: Iowa Code §§ 297.22-.25 (2013).
Cross Reference: 704 Revenue
705.1 Purchasing - Bidding
803 Selling and Leasing
Approved: Feb. 11, 1985, Sep 21, 2015; June 19, 2017
Reviewed: _Aug. 24, 2005, Nov. 1, 2012, Jul 27, 2015
Revised: Jan.12,1998, Feb. 12, 2001, Jul 27, 2015; June 19, 2017
