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ARRA Resolution 32ALAMEDA. REUSE AND REDEVELOPMENT AUTHORITY RESOLUTION NO. 3 Z ESTABLISHING A PROCEDURE FOR THE DISPOSITION OF PERSONAL PROPERTY V IHER.EAS, under the Joint Exercise of Powers Agreement, Article IV.A.3, the Alameda Reuse and Redevelopment Authority ("ARRA") has the power to dispose of personal property; and WHEREAS, on July 19, 2000 the ARRA acquired title to certain personal property conveyed by the United States Department of the Navy, a list of which is on file in the Alameda Point Administration office; and WHEREAS, the ARRA. finds that the disposition of this listed personal property for value or for public use will benefit the economic reuse of Alameda Point; and WHEREAS, the desires to create a procedure for the disposition of the listed personal property referenced herein, and for other surplus personal property. NOW THEREFORE, BE IT RESOLVED by the Governing Board of the ARRA that: 1 The listed personal property referenced herein may be disposed of consistent with the procedures set forth below for disposition of surplus personal property; 2) The Executive Director is delegated the authority to declare as surplus, any item of personal property which is valued at less than $10,000 and which is not required for use by the ARRA in the administration of its powers and duties pursuant to the Joint Powers Agreement; 3) The Executive Director is delegated the authority to dispose of surplus personal property consistent with the policy and procedures set forth below: A. The Executive Director or his /her designee may determine that any surplus personal property maybe retained or transferred for public use at no cost if (i) it is needed for a public purpose by the City of Alameda, or (ii) a nonprofit corporation which has entered into a written agreement with the AP.P.A or received .a grant from the ARRA or the City to provide public services would use the property within the City for public purposes, or (iii) any other public agency would use the property for public,purposes. B. The Executive Director or his /her designee may determine that any surplus personal property may be offered for lease or sale at fair market value to a commercial tenant of real property owned or leased by the ARRA, where the surplus property is intended to be used on the leasehold premises by the tenant in connection with the tenant's commercial enterprise. All proceeds from such lease or sale shall be deposited in the s lease revenue fund. C. Any surplus personal property not disposed of pursuant to subsection A or B above, may be sold at public auction to the highest bidder. The Executive Director or his/her designee may publish once in a newspaper of general circulation in the City of Alameda a notice of his/her intention to sell at a public auction at the time therein specified, certain surplus personal property. All proceeds received from such sale shall be deposited in the ARAA's lease revenue fund, after any expenses connected with the sale have been deducted from the proceeds. The Executive Director shall determine what disposition shall be made of any items of surplus personal property which remain unsold after public auction as he/she may see fit in the public interest. AYES: 5 NOES: o ABSENT: D ABSTENTIONS: 0 n �V 11ameda etia Akil, Secretary Reuse and Redevelopment Authority Date: June 6 2001 H:\LAKIL\ARRA\RESOLUTN\DISP03l.WPD