CL. Disposal of Property
Property, equipment and supplies that are no longer usable by a department must be disposed of in accordance with the following procedures.
METHODS OF DISPOSAL
1. Relocate or redistribute within the system or;
2. Public Auction - Periodically as disposable items accumulate in sufficient quantities, the college may dispose of them by way of public auction or;
3. Sealed Bids - Should there not be sufficient items accumulated for public auction sealed bids may be taken.
4. Property and equipment that has been purchased with federal/state grant funds will follow the rules and regulations listed in policy CS Financial Management of Grant Funds.
ADVERTISEMENT FOR BIDS
Should property, equipment, or supplies be offered for sale by public auction or sealed bids the college shall advertise in the local and/or regional newspaper on at least two separate occasions. No sale shall be made until the fourteenth day after the first notice is published.
DONATION OF COLLEGE PROPERTY
There may be occasions when it is appropriate for college property that cannot be relocated or distributed within the system to be donated to a non-profit organization for continued educational use. Such non-profit organizations may include, but are not limited to, a public school district, private school, or other 501(c)3 non-profit organization with a similar or aligned mission to the college. The organization receiving the donated college property must agree in writing that the property will be used and maintained for educational purposes or a minimum of five years. The President of the College must approve all requests to donate college property under this policy. College property may not be donated to an individual.
Revision issued: June 5, 2019
Approval: Executive Council