In this article, unless the context otherwise requires:
Sec. 28-66(1). "Property" means assets with a useful life of more than one (1) year.
Sec. 28-66(2). "Property transfer" means the transfer of fixed assets between using agencies or transfer of property to or from the surplus property program.
Sec. 28-66(3). "Surplus property" means property no longer needed by using agencies for their operations, property in poor or non-working condition, or property that is a by-product (e.g. scrap metal, used tires and oil, etc.).
Sec. 28-66(4). "Unclaimed, lost and confiscated property" means all property used as evidence in the courts and remaining unclaimed after final disposition, property seized by a peace officer as being used unlawfully, and all property coming into the hands of any city officer or employee as lost or unclaimed.
(Ord. No. 10404, § 1, 5-15-07)