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HomeMy WebLinkAboutResolution No 56-2017 - Exchange of Unfit and or Obsolete Property for Scrap Metal Reimbursement - Water MetersRESOLUTION NO. 56-2017 A RESOLUTION OF THE SOUTH BEND BOARD OF PUBLIC WORKS ON THE EXCHANGE OF UNFIT AND/OR OBSOLETE PROPERTY FOR SCRAP METAL REIMBURSEMENT WHEREAS, it has been determined by the Board of Public Works that the following property is unfit for the purpose for which it was intended and is no longer needed by the City of South Bend: WATER METERS WHEREAS, Indiana Code 5-22-22 permits and establishes procedure for disposal of personal property which is unfit for the purpose for which it was intended and which is no longer needed by the City. WHEREAS, the City of South Bend Water Works Division has exchanged approximately 1,555 water meters over a twelve-month period to an upgraded model allowing for electronic reading capability, which will result in a cost savings for the City. WHEREAS, the City of South Bend Water Works Division will be able to exchange the old meters with a scrap metal dealer for payment to the City, at an approximate rate of $.975 per pound. The anticipated scrap value of the 1,555 meters is approximately $14,234. NOW THEREFORE, BE IT RESOLVED by the Board of Public Works of the City of South Bend that the items above are no longer needed by the City and/or are unfit for the purpose for which they were intended. ADOPTED this 2 1 " day of December, 2017. BOARD OF PUBLIC WORKS Gary A. GiO-, President Elizabeth A Maradik, Member Therese J. Dorau, Nfember � 17 111-- - Jam/ A. Mueller, Member Suzanna M. Fritzberg, Member Attest: Linda M. Martin, Cl&k BOARD OF PUBLIC WORKS AGENDA ITEM REVIEW RE QUEST FORM Date 112/13/2017 Name Amy Shirk, Senior lqudqp�t Analyst Department Admin & Finance BPW Date- 12/21/2,017 Phone Extension 9133 Legal D Attorney Name Controller Controller review is required for all Contracts $5,000.00 or more and greater than one year in length per the City Purchasing Policy Purchasing ❑ F_ Check the Appropriate Item Type - Re jeked forAll Submissions [:1 Agreement In Contract El Proposal El Addendum F-1 Professional Services kesollutio" F1 Bid Opening Bid Award El Req. to Advertise El Title Sheet ❑ Quote Opening Quote Award ❑ Change Order No. ❑ C/O, & PCA INo. ❑ PCA E] Ease/Encroach. ❑ Traffic Control M Other: Disnosals. Company or Vendor Name New Vendor F1 Yes [-] No I MBE/VVBE Contractor F-1 MBE [] WBE MBENVBE Contractor Requested 0 No n! 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Asset disposal requests must include the following information: Asset description Asset identification number Year of acquisition Historical acquisition value Net book value Reason for disposal Method of disposal (offer for sale, scrap, etc.) The asset disposal request must be signed by the Controller before submittal to the Board of Public Works. Asset # - Improvement # W3442426-0000 Description METERS -- 116 - 618" ORION Serial Number Tag/Reference Number Asset Type 334 METERS & METER INSTALLS Acquisition Date 1210412008 Purchase Cost $ fhistorical acquisition value) Net Book Value $ (purchase price minus depreciation) -^^ Current Location Code WVARUS - WW - VARIOUS Reason for Disposal: partial asset disposal. Disposing of 28 water meters out of 115. Original asset value $14,072.00. Method of Disposal: 7,698.88 2,496.46 Approvals Name Signature No Date Department Head %�� Controller Jennifer Hockenhull Fixed Asset Form 1-13 Request for Asset Disposal 2 of 2 SOU T118h City of South Bend ,- Request for Asset Disposal lt365 Fixed Asset Disposal Procedure Statement All city departments are required to submit asset disposal requests to the Board of Public Works for approval prior to disposal of an asset. Asset disposal requests must include the following information: Asset description Asset identification number Year of acquisition Historical acquisition value Net book value Reason for disposal Method of disposal (offer for sale, scrap, etc.) The asset disposal request must be signed by the Controller before submittal to the Board of Public Works. Asset # - Improvement # W3441914-0000 Description METERS -- 400 -1" METERS Serial Number Tag/Reference Number E00100 THRU E00399 Asset Type 334 METERS & METER INSTALLS Acquisition Date 01/22/2002 Purchase Cost $ 3,404.24 (hisforlcal acquisition value) Not Book Value $ 2,279.70 (purchase p6ce minus depreciation) Current Location Code WVARUS - WW - VARIOUS Reason for Disposal: Partial asset disposal. Disposing of 216 water meters out of 400. Original asset value $13,981,70. Method of Disposal: Approvals Name Signature Y JDate Department Head �'J� G �/ //� ._11— 11 Controller Jennifer Hockenhull ( (7a ( Ay Fixed Asset Form 1-B Request for Asset Disposal 1 of 2 co U) 0 ca 0 4- 0 m [4DIA LL I .a C's 2 CL CL ca 10 0 CL Mh - 0 A 2 -T 2 2 0 0 to 0 'T a 0 0 0 CL ,a 0 0 0 en 0 N, 1A.-I fiY _0 0 0 CL lkk Iq ifd 0 CL t�Ci KD Ilk C: CD Mcr CD 0 M 'a 0 -ro- 0 -00 0 Ic 0 co: w W a w a r M. 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