Finance and Administration Report - Draft Disposition of Assets Policy No. 1600-023
Report recommending the formalization of a policy for disposing of obsolete, damaged, or surplus Town assets.
TOWN OF VIEW ROYAL
Finance and Administration Report
| TO: | Committee of the Whole | DATE: | July 4, 2019 |
| FROM: | Sarah Jones, Director of Corporate Administration | MEETING DATE: | July 9, 2019 |
Draft Disposition of Assets Policy No. 1600-023
RECOMMENDATION:
THAT the Committee recommend to Council that draft Disposition of Assets Policy No. 1600-023 be approved.
CHIEF ADMINISTRATIVE OFFICER’S COMMENTS:
I concur with the recommendation.
DIRECTOR OF FINANCE’S COMMENTS:
I concur with the recommendation.
PURPOSE OF REPORT:
To consider approval of Disposition of Assets Policy No. 1600-023.
BACKGROUND DISCUSSION:
Informally, the Town has been following disposition of asset guidelines prepared by the then Director of Finance and consultant, D. Gawley, in 2009.
To ensure consistency throughout the organization, it is important that the Town formalize a policy for the disposition of assets. Attachment “A” is the proposed policy which is based on best practices, staff experience and other municipalities’ work in this area.
RECOMMENDATION:
THAT the Committee recommend to Council that draft Disposition of Assets Policy No. 1600-023 be approved.
SUBMITTED BY: Sarah Jones, Director of Corporate Administration
REVIEWED BY: K. Anema, Chief Administrative Officer
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