A. Authorized: The County may, in any manner permitted by law and on behalf of the County, purchase, receive, or otherwise acquire and hold any real or personal property, or any interest in such property, that it determines to be in the public interest.
B. Fixed Asset Inventory; Value; Determination Of Excess Property: At the time of acquisition, such property shall be placed on the fixed asset inventory of the County and recorded at historical cost, or estimated historical cost if the original cost is not available, or, in the case of gifts or contributions, at fair market value at the time received. Each County department shall maintain adequate inventory controls and accountability systems for the property under its control, shall continuously survey such property to determine what might be excess property, and shall report any excess property to the County Commission. (Ord. O-2017-15, 10-2-2017)