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EL/ERETT <br /> RESOLUTION NO. 4031 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br /> EVERETT ESTABLISHING A POLICY WHEREBY THE SALE <br /> OF SURPLUS CITY PERSONAL PROPERTY SHALL BE AT <br /> FAIR MARKET VALUE. <br /> WHEREAS, the Everett City Charter provides authority and direction with <br /> respect to the sale of property in Section 15.8; and <br /> WHEREAS, the City Charter provides for private sale of surplus property to <br /> "other municipal corporations or political subdivisions" and public sale with <br /> various public notice requirements in all other cases; and <br /> WHEREAS, the resources expended to acquire and maintain City of <br /> Everett property and the value of the asset to be disposed of represent <br /> community resources for which the City is responsible; and <br /> WHEREAS, it is important for the City Council to provide policy guidance <br /> with respect to disposition of City assets. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br /> THE CITY OF EVERETT: <br /> Section 1: It shall be the policy of the City of Everett that any disposition <br /> of City personal property to other municipal corporations or political <br /> subdivisions shall be at approximate fair market value unless otherwise <br /> found to be in the best interests of the public. <br /> Councilperson Introducing Resolution <br /> PASSED and APPROVED this 7th day of December , 1994. <br /> Council Pres! ent <br /> C'\WINWORD\COUNCIL\FAIRMKT2.DOC <br />