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Agenda 07/26/2011 Item #16J107/2612011 Item 16.J.10. EXECUTIVE SUMMARY Request that the Board of County Commissioners accepts and approves capital asset disposition records for time period October 1, 2010 through March 31, 2011. OBJECTIVE: For the Board of County Commissioners (Board) to accept into the Minutes the capital asset disposition record of items no longer deemed to serve a useful function or to have commercial value pursuant to the requirements under Florida law regarding the disposition of County assets. CONSIDERATIONS: CMA# 5809 establishes a property and supply management system authorized by the County Manager. Each operating department is responsible for the proper and prudent acquisition, safeguarding, utilization, maintenance and transfer of capital assets (tangible personal property of a non- consumable nature that has a normal useful life of one year or more and an acquisition value of $1,000 or more). The Clerk of the Circuit Court's Finance and Accounting Department is responsible for recording, inventorying, and tracking these assets. The Board's Purchasing Department is responsible for managing the disposition of these assets. Resolution 2006 -268 authorizes the County's Director of Purchasing to determine whether capital assets, which are no longer useful to the agency, have commercial value. If not, the Director is authorized to dispose of those items in an appropriate manner with or without offering the items for sale, trade or donation to other entities. Additionally, the Clerk of Court's Finance and Accounting Department is authorized to submit quarterly reports to the Board that identify the assets disposed under this provision. Enclosed is a capital asset report that includes items disposed during the first and second quarter of Fiscal Year 2011 (October 2010 through March 2011). FISCAL IMPACT: There is no fiscal impact associated with this action. However, these transactions will be recorded as accounting gains or losses in the appropriate sections of the Comprehensive Annual Financial Report. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney's Office, does not present a legal issue and only requires a majority vote for Board approval —SRT GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this action. RECOMMENDATION: The Board of County Commissioners accepts and approves into the Minutes the disposed assets listed in the enclosed report. PREPARED BY: Don Holder, Capital Assets Accountant, Clerk of Court's Finance and Accounting Department Packet Page -2610- COLLIER COUNTY Board of County Commissioners Item Number: 16110. 7126/2011 Item 16.J.10. Item Summary: Request that the Board of County Commissioners accepts and approves capital asset disposition records for time period October 1, 2010 through March 31, 2011. Meeting Date: 7/26/2011 Prepared By Name: JohnssenDerek Title: VALUE MISSING 7/13/2011 1:53:53 PM Submitted by Title: VALUE MISSING Name: JohnssenDerek 7/13/2011 1:53:54 PM Approved By Name: TibbettsRhonda Date: 7/13/2011 3:42:08 PM Name: CarnellSteve Title: Director - Purchasine /General Services.Purchasin2 Date: 7/13/2011 437:02 PM Name: KinzelCn•stal Date: 7/14/2011 6:17:01 AM Name: TeachScott Title: Deputy County Attorney.County Attorney Date: 7/14/2011 8:57:02 AM Name: GreenAaldRandr Title: Management/Budget Analyst,Office o{'Management R B Date: 714 /2011 9:29:05 AM Packet Page -2611- Name: klatzkow.leff Title: County Attorney. Date: 7 /14/2011 10:55:9 AM Name: SheffieldMichael Title: Manager- Business Operations. 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