DISPOSITION OF OBSOLETE EQUIPMENT
It is recommended that whenever any furnishings, equipment, and/or supplies valued at or less than $1,000* have been declared obsolete by the administration, the Superintendent or his/her designee shall be authorized to dispose of such items at the best possible price. The funds derived from such sales shall be forwarded to the secretary of the Board, who shall credit the proper fund.
Whenever any furnishings, equipment, and/or supplies valued at greater than $1,000* but less than twenty-five thousand dollars ($25,000) have been declared obsolete by the administration, the Superintendent shall make a recommendation to the Board on the most appropriate means to sell or dispose of the property. If the property is valued at twenty-five thousand dollars ($25,000) or more, the question will be placed on the ballot at a regular or special election.
* any amount up to $25,000
Legal Reference: Iowa Code Sections 297.7; 297.15 through 297.25; 297.41
Adopted: March 10, 1986
Reviewed: February 13, 1995
March 8, 1999
January 19, 2004
March 2009
February 22, 2010
June 28, 2010
October 12, 2015