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All moneys received from the sale of City/County-owned personal property, pursuant to the provisions of Section 7.100 of the Charter, shall be deposited to the credit of the fund of the respective departments, divisions or bureaus having jurisdiction or control over the personal property sold.
No City department may sell, loan for a period in excess of one year or otherwise dispose of any vintage transit equipment without approval by the Board of Supervisors after a public hearing. For purposes of this paragraph, "vintage transit equipment" means any Municipal Railway rolling stock or component thereof which is more than twenty-five years old. "vintage transit equipment" does not include any of the following:
(1) Components which are worn out, broken or otherwise unusable which will be replaced by components of a like kind designed to serve the same function.
(2) Usable surplus components which will be traded for other components in short supply.
(Added by Ord. 316-00, File No. 001911, App. 12/28/2000. Former Sec. 10.84. Bill No. 884, Ord. No. 9.04194(C.S.), Sec. 1; repealed by Ord. 316-00, File No. 001911, App. 12/28/2000)