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 shall be 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 may be sold or disposed of in a manner determined by the board. The board gives the superintendent the sole discretion to dispose of or sell any equipment valued at no more than $25,000. However, the sale of equipment, furnishings or supplies disposed of in this manner shall be published in a newspaper of general circulation.
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 shall adopt a resolution announcing the proposed sale and will 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 unless otherwise required by law. Upon completion of the public hearing, the board 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 of no further use to the school district.
Legal Reference: Iowa Code §§ 24.9; 297.22-.25.
Cross Reference: 704 Revenue
705.1 Purchasing - Bidding
803 Selling and Leasing
Approved 11/1/2004 Reviewed 02/22/2010 Revised 08/18/2014
04/20/2015 09/20/2021
11/16/2020
09/20/2021
