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Subject: The Chief of Police requesting permission to enter into an agreement with Property Room.com Inc. for the auction and disposition of unneeded property and evidence.
Recommendation of the Finance & Personnel Committee on 09-08-08: Permission granted for the Chief of Police to enter into an agreement with Property Room.com Inc. for the auction and disposition of unneeded property and evidence.
Recommendation of Public Safety and Licensing Committee on 9-22-08: That the Chief of Police be granted permission to enter into an agreement with Property Room.com Inc. for the auction and disposition of unneeded property and evidence and the language in the fiscal note be amended.
Fiscal Note of Public Safety and Licensing Committee: There will be no up-front costs to the City. The City will receive a minimum of 50% or more of the winning bid less any applicable fees.
Fiscal Note of Finance & Personnel: There will be no up-front costs to the City with revenues totaling 50% of the winning bid for each item sold.