title
Resolution Declaring Certain Vehicles and Equipment as Surplus Property to be Sold at Electronic Auction
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Department: |
Finance |
Meeting Date: |
10/21/2025 |
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Contact Name: |
John Fortuin |
Public Hearing: |
No |
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Contact Phone: |
910-341-7812 |
Advertising Date/Advertised By: |
N/A |
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Attachments: |
Attachment #1: Resolution; Attachment #2: Vehicle/Equip Listing |
PURPOSE:
The purpose of this resolution is to declare one-hundred and thirty-one (131) vehicles and nineteen (19) miscellaneous items as surplus property, which have an estimated fair market value (Kelley Blue Book Resale Value) of $1,010,525.
BACKGROUND:
The City has one-hundred and thirty-one (131) vehicles and nineteen (19) miscellaneous items, with an estimated total value of $1,010,525, that qualify to be designated as surplus property. The property will be sold as individual items on the website GovDeals.com beginning November 13th and ending November 23rd, 2025. The notice of the summary of this resolution and subsequent auction will be published by electronic advertisement on the City of Wilmington's website, located under “Bids and RFPs.” The electronic publication will provide a link to the GovDeals.com auction website.
budget
BUDGET IMPACT:
The NADA Resale Value of the vehicles/mowers is estimated to be $1,010,525. Proceeds will go to the Fleet Fund for future replacement purchases.
recommendation
RECOMMENDATION / ACTION REQUESTED:
Passage of the resolution is recommended.