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Agenda 02/22/2011 Item #16E2 2/22/2011 Item 16.E.2. EXECUTIVE SUMMARY Recommendation to accept the report on the Information Technology Equipment on-line auction held October 5, 2010 and the Fleet vehicle / equipment on-line auction held November 16,2010, resulting in gross revenues of $23,312.50. OBJECTIVE: To present the results of two recent Collier County surplus on-line auctions and obtain Board approval for the disbursement of enterprise funds as recommended herein. CONSIDERATIONS: On October 26,2010 (Item 16E9), the Board of County Commissioners authorized staff to conduct an on-line auction for the purpose of disposing of County-owned property and generating revenue for the County. Collier County is currently under contract with a full service auctioneer, Atkinson Realty & Auction, Inc. to conduct on-site and on-line sales on behalf of the County. This sale was conducted in compliance with Section 274.06, Florida Statutes. On October 15, 2010 an on-line auction was conducted to dispose of four (4) HP computers. This resulted in total gross sales of $500. On November 16, 2010 a similar on-line auction was conducted for the disposal of Fleet vehicle / equipment two (2) Ford vehicles; three (3) transit buses and three (3) mowers. This sale resulted in total gross sales of$22,812.50 Commissions to the auctioneer for both on-line sales totaled $4,662.50, resulting in total net revenue to the County of $18,650. FISCAL IMPACT: The auctioneer's commission was paid from the auction gross revenue; net sale revenues were returned to the special revenue fund that paid for the acquisition ofthe asset. Staff has allocated the net revenue from the sales as follows: ON-LINE NET FUND FUND TITLE SALE REVENUE TRANSFER 001 General Fund Fleet 1,234.00 408 Wastewater Fleet 5,240.00 425 CA TT Grant Match Fleet 7,760.00 429 Trans Disadvantaged Grant Match Fleet 4,016.00 505 Information Technology IT 400.00 GROWTH MANAGEMENT IMP ACT: There is no growth management impact in approving this Executive Summary. LEGAL CONSIDERATION: This item has been reviewed by the County Attorney's Office, requires majority vote, and is legally sufficient for Board action. - CMG Packet Page -968- 2/22/2011 Item 16.E.2. RECOMMENDATION: That the Board of County Commissioners accepts the report and approves the disbursement to the special revenue funds as recommended. Packet Page -969- 2/22/2011 Item 16.E.2. COLLIER COUNTY Board of County Commissioners Item Number: 16.E.2. Item Summary: Recommendation to accept the report on the IT Equipment on-line auction held October 5, 2010 and the Fleet vehicle / equipment on-line auction held November 16, 2010, resulting in gross revenues of $23,312.50. Meeting Date: 2/22/2011 Prepared By Name: TibbettsRhonda Title: VALUE MISSING 1/24/2011 4: II :26 PM Submitted by Title: VALUE MISSING Name: TibbettsRhonda 1/24/2011 4:11:28 PM Approved By Name: SmithKristen Title: Administrative Secretary,Risk Management Date: 1/26/20119:33:51 AM Name: CarneIISteve Title: Director - Purchasing/General Services,Purchasing Date: 1/31/2011 1:10:23 PM Name: PriceLen Title: Administrator - Administrative Services, Date: 2/3/2011 4:38:53 PM Name: GreeneColIeen Title: Assistant County Attorney,County Attorney Date: 2/7/2011 10:12:38 AM Packet Page -970- Name: KlatzkowJeff Title: County Attorney, Date: 2/10/2011 11 :49:53 AM Name: StanleyTherese Title: Management/Budget Analyst, Senior,Office of Management & Budget Date: 2/11/2011 9:29:46 AM Name: KlatzkowJeff Title: County Attorney, Date: 2/11/2011 10:33: 18 AM Name: OchsLeo Title: County Manager Date: 2/13/2011 6:38:48 PM Packet Page -971- 2/22/2011 Item 16.E.2. z o 6 ::J <( V'l ::J .... 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