Sale and Disposal of Cars and Assets

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					Sale and Disposal
      of Land and
     Other Assets




      Adopted by Council on
              20 June 2000
                                                        Contents

1.   Introduction ........................................................................................................................ 1

2.   Sale of Land........................................................................................................................ 1

3.   Sale of Other assets ............................................................................................................ 1




H:\Corporate Services\Policy\Sale and Disposal of Land and Other Assets.doc                                                       ** 2000
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1.      Introduction
1.1     Section 49 of the Local Government Act, 1999, requires Council to prepare and adopt
        a policy on the sale and disposal of land and other assets.

1.2     This policy must be consistent with Council policies in respect to community
        consultation and management of community land.



2.      Sale of Land
2.1     The sale or disposal of Council land will be subject of a separate resolution of Council
        in every instance.

2.2     Unless Council resolves otherwise, the procedure to be used for selling and disposal of
        Council owned land will be:

        2.2.1      Public consultation will be undertaken in accordance with Council’s Public
                   Consultation Policy where the land involved is classified as community land.

        2.2.2      Quotations for the sale of the land should be sought from not less than three
                   (3) Prospect based land agents. However, quotations from specialist agents
                   should be sought if commercial land is involved.

        2.2.3      Sale by public auction. (in the event that the public auction fails, the City
                   Manager is delegated authority to dispose of the land at the best available
                   price provided the offer is at or above the Valuer General’s valuation for the
                   land.)

        2.2.4      Wherever possible, Council will employ for brokerage purposes the services
                   of a land broker operating a brokerage business within the Prospect area.



3.      Sale of Other assets
3.1     Other assets such as plant and equipment surplus to requirements will be offered for
        sale either by public tender or when sufficient materials have accumulated by public
        auction.

3.2     Quotations for sale of surplus plant and equipment will be obtained from three (3)
        auction houses.

3.3     Elected members and employees will not be permitted to purchase surplus Council
        plant and equipment unless the purchase is via a public tender process and the tender
        submitted is the highest.



H:\Corporate Services\Policy\Sale and Disposal of Land and Other Assets.doc               ** 2000
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3.4       Elected members or employees may make private arrangements with any person or
          firm to whom surplus Council plant, equipment, materials, surplus goods or any
          saleable item is sold or traded provided such person or firm is not acting as a third part
          agent for the elected member or employee.




** 2000                         H:\Corporate Services\Policy\Sale and Disposal of Land and Other Assets.doc

				
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Description: Sale and Disposal of Cars and Assets