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HomeMy WebLinkAbout6.5 Motion to waive the rule requiring two readings of an ordinance and adopt AN ORDINANCE AUTHORIZING THE SALE OF SURPLUS PERSONAL PROPERTY OWNED BY THE VILLAGE OF MOUNT PROSPECTMr�GauC �'d'+rt;�iect Subject Motion to waive the rule requiring two readings of an ordinance and adopt AN ORDINANCE AUTHORIZING THE SALE OF SURPLUS PERSONAL PROPERTY OWNED BY THE VILLAGE OF MOUNT PROSPECT • O • Meeting Fiscal Impact Dollar Amount Budget Source Category Type Information September 6, 2022 - REGULAR MEETING OF THE MOUNT PROSPECT VILLAGE BOARD - false Not applicable. Not applicable. Consent In the last year the Village has accumulated a supply of surplus personal property that is no longer used or needed. The surplus property includes vehicles and equipment. Attached is a detailed list of the items to be declared surplus and an ordinance that authorizes the Village to sell the surplus items through the methods defined in the attached Exhibit A. The type of methods employed to sell surplus will be using the GovDeals internet auction site. GovDeals Internet auction has provided another way to maximize our revenue stream from our surplus property that is no longer needed. The auction site can be utilized at any time and allows the Village a cost effective alternative to sell surplus property nationwide. The total administrative fee for utilizing this service is 7.5% of the final sales price, with the buyer paying the service fee. The Village has experienced great success over the last two years utilizing GovDeals as the main method of disposal. Our sale prices have resulted in a 10-20% premium over recent live auction sales history. Attached is an ordinance declaring miscellaneous personal property (Exhibit A) as surplus. 1 Alternatives 1. Pass an ordinance authorizing the sale of surplus personal property owned by the Village of Mount Prospect. 2. Action at the discretion of the Village Board. Staff Recommendation Staff recommends that the Village Board pass an ordinance authorizing the sale of surplus personal property owned by the Village of Mount Prospect. ATTACHMENTS: Ordinance Sale of Personal Property (003).pdf Memo_Exhibit_A_Surplus_For_Sale. pdf 2 ORDINANCE NO. AN ORDINANCE AUTHORIZING THE SALE OF SURPLUS PERSONAL PROPERTY OWNED BY THE VILLAGE OF MOUNT PROSPECT WHEREAS, pursuant to Section 11-76-4 of the Illinois Municipal Code (65 ILCS 5111- 76-4), the Corporate Authorities of the Village of Mount Prospect may dispose of personal property owned by the Village when, in the opinion of a simple majority of the Corporate Authorities, such property is no longer necessary or useful to, or for the best interests of, the Village; and WHEREAS, President and Board of Trustees of the Village of Mount Prospect deem it no longer necessary, useful or in the best interests of the Village to retain the personal property described in Exhibit A, which is attached hereto and incorporated herein. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS, ACTING IN THE EXERCISE OF ITS HOME RULE POWER: SECTION ONE: The personal property, described in Exhibit A, is declared to be surplus personal property because it is no longer necessary, useful or in the best interests of the Village to retain. SECTION TWO: The Village Manager, or his designee, is authorized to dispose of the Surplus Property in the manner described in Exhibit A. SECTION THREE: This Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law. 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