FINANCIAL BUSINESS REQUEST (FBR)
Motion/Request:
title
MOTION to approve appropriations from the receipt of sales of vehicles and equipment through GovDeals in the total amount of $55,500 as follows:
? $48,500 to the Public Works Heavy Equipment CNR Account #21040101-57311; and
? $7,000 to the Public Works Small Truck CNR Account 21040101-57313.
end
Background:
The town realized a total of $55,500 from the sale of three surplus units through GovDeals, as follows:
2006 F350 Flatbed - $7,000
2000 Mobil Athey Sweeper - $15,000
2002 Sterling/Aquatech Catch Basin Cleaner - $33,500
The town has previously appropriated such revenues to the respective capital reserve fund to supplement/offset direct budgetary appropriations in meeting lifecycle replacement costs.
Department Comment/Recommendation:
Inasmuch as this action is consistent with previous appropriations of GovDeals revenues, I request appropriation of these funds according to the specifics of the motion.
Finance Director Comment/Recommendation:
All amounts realized have been confirmed.
?
Mayor Comment/Recommendation:
I support Director Masalin's request to appropriate funds as presented.
Meeting Action Detail:
Town Council Meeting 12/14/2022:
File #: 22816 Version: 1
Type: Financial Business Request (FBR)
Title: MOTION to approve appropriations from the receipt of sales of vehicles and equipment through GovDeals in the total amount of $55,500 as follows:
? $48,500 to the Public Works Heavy Equipment CNR Account #21040101-57311; and
? $7,000 to the Public Works Small Truck CNR Account 21040101-57313.
end
Moved: Saums Seconded: Ingalls
Action: Approve and so Declared
Minute Note:
Moved by Councilor Saums, seconded by Councilor Ingalls
Discussion: Councilor Saums stated as the Mayor mentioned during his report earlier this evening, the town has been using the on-line auction site GovDeals.com to sell surplus equipment. He stated the revenues received from the sale would be ...
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