ยง 804 Disposal of Property
A. Property that is determined to be no longer needed or usable by the Tribe, as determined by the Tribal Council, shall be disposed of by the Procurement Officer in accordance with the requirements of this Section.
B. Property having an approximate value of $2,500 or more shall be sold through advertisement, at public auction, sealed bid, negotiated sale, trade or exchange or other means in the best interests of the Tribe, including donation.
C. Property having an approximate value of less than $2,500 shall be disposed of by the most expedient method considering the cost of handling and sale. Such property may be gifted to local organizations or individuals.
D. Items purchased grant funds shall be disposed of consistent with the applicable awards or regulations.
E. On a monthly basis, the Procurement Officer shall present a written report to the Tribal Council regarding the property that is planned for disposal within the next three (3) months and that has been disposed of in the preceding month.
F. The Procurement Officer shall provide any additional reports as requested by the Tribal Council, President, Vice President, Tribal Administrator, Comptroller or Accountant.
[Legislative History: Enacted by Resolution No. 2018-76, 10/19/2018]
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