AGENDA ITEM REPORT
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A RESOLUTION DECLARING CERTAIN CITY-OWNED PROPERTY AS SURPLUS AND AUTHORIZING THE CITY MANAGER, OR DESIGNEE, TO DISPOSE OF SAID PROPERTY AS DESCRIBED IN THE ATTACHED LIST.
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BACKGROUND:
Per Administrative Order No. P-01 (3), Purchasing Policies and Procedures, property that is in a wrecked, inoperable or partially dismantled condition, or has deteriorated to the point that it has no apparent monetary value, or may pose a potential risk to the City if disposed of through a sale, may be discarded as trash through an environmentally acceptable method, upon receipt or written approval by the Procurement Official, or designee.
DISCUSSION:
Vehicle Number 1432 (City’s Trolley Bus) was involved in an accident on 08/12/2022. The City’s insurance carrier, Preferred Government Claims Services (PGCS), requested an inspection on the vehicle from Appraisers of Central Florida. Appraisers of Central Florida reported that the vehicle will be considered a total loss. Therefore, it is in the best interest of the City for this vehicle to be disposed of in accordance with City Resolution No. 2018-223; City Administrative Order No. P-01 (3), Purchasing Policies and Procedures; and Chapter 274, Florida Statutes. PGCS will handle the disposition of the vehicle and will issue a check to the City for the market value.
RECOMMENDATION:
Staff recommends approval of this resolution.
FISCAL IMPACT:
REVENUES: $142,594
EXPENDITURES: N/A
BUDGETED? N/A
NOTES: Monies recovered from the insurance claim will be deposited to Account Number 01 - V36996, Insurance Reimbursement-Vehicles. Revenues determined based on the estimated market value of $143,594, less the City’s insurance deductible of $1,000.