(A) Disposition of village property under $1,000 in value.
(1) The Village Manager is authorized to dispose of any personal property of the village with an original purchase value under $1,000, when in his or her opinion such personal property is no longer necessary or useful to the village. The disposition of such property may be completed by any of the following methods:
(a) Sale of the personal property in such a manner as the Village Manager may designate including, but not limited to auction, internet auction, direct sale, internet direct sale, or sale through an agent or broker. Such sale may be made with or without advertising the sale.
(b) Conversion of the personal property into some other form that is useful to the village by using materials or parts from the personal property.
(c) A trade-in or conveyance of the personal property as part of the purchase price on the purchase of any similar new article, provided however, that no property shall be used as a trade-in for any purchase of an article over $25,000 in value except upon the receipt of a competitive bid unless such competitive bidding is waived or not applicable, as provided by ordinance.
(2) When the original purchase value of the personal property is less than $500, approved by resolution passed by a simple majority of the corporate authorities then holding office, or when the Village Manager has attempted to dispose of the personal property as provided herein and has been unable to do so, the Village Manager is authorized to donate such personal property to another governmental agency, not-for-profit or charitable organization.
(3) The Village Manager is authorized to dispose of any village personal property that is no longer necessary or useful to the village and has a value under $100.
(4) Whenever any personal property is disposed of under divisions (A)(1), (2) or (3) above, the Village Manager shall report such disposition to the corporate authorities in writing within seven days of disposition. The Village Clerk shall maintain a list of all surplus property disposed of pursuant to this section.
(B) Disposition of village property over $1,000 in value.
(1) When, in the opinion of the Village Board of Trustees, any village-owned personal property with an original purchase value over $1,000 is no longer necessary or useful to the village, such personal property may be disposed of by resolution passed by a simple majority of the Village Board then holding office.
(2) The disposition of such personal property may be completed in any of the following ways:
(a) Sale of the personal property in such a manner as the Village Board may designate including, but not limited to auction, internet auction, direct sale, internet direct sale, or sale through an agent or broker. Such sale may be made with or without advertising the sale as the Village Board may direct.
(b) Conversion of the personal property into some other form that is useful to the village by using materials or parts from the personal property.
(c) A trade-in or conveyance of the personal property as part of the purchase price on the purchase of any similar new article, provided however, that no property shall be used as a trade-in for any purchase of an article over $25,000 in value except upon the receipt of a competitive bid unless such competitive bidding is waived or not applicable, as provided by ordinance.
(d) Donation of such personal property to another governmental agency, not-for-profit or charitable organization or to otherwise dispose of such property and determined by the Village Board to be in the best interests of the village.
(C) Disposition of village property to Village of Carol Stream employees. Disposition of village personal property to Village of Carol Stream employees is prohibited.
(Ord. 2019-02-06, passed 2-19-2019)