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Get the free Surplus Property Memo and Resolution.pdf - Town of Pittsboro - pittsboronc

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MEMORANDUM TO: Mayor and Board of Commissioners FROM: Bryan Grues beck, Town Manager SUBJECT: Resolution Authorizing the Disposition of Surplus Property DATE: July 28, 2014, Background: The attached
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How to fill out a surplus property memo:

01
Begin by providing the necessary information at the top of the memo, such as the date, your name, and your contact information.
02
Clearly state the title of the memo as "Surplus Property Memo" to ensure its purpose is easily understood.
03
Start by documenting the details of the property that is being categorized as surplus, including its description, quantity, and any other relevant specifications.
04
Indicate the reason why the property is being classified as surplus. This could be due to obsolescence, damage, or no longer being required for current operations.
05
Determine the estimated value of the surplus property and mention it in the memo. This can be based on previous sales data, appraisals, or other relevant information.
06
Provide instructions on how to dispose of the surplus property. This may include selling it, donating it, recycling it, or transferring it to another department within the organization.
07
Include any required approval processes or necessary documentation that needs to accompany the disposal of the surplus property.
08
Finally, sign and date the memo to ensure it is legally binding and can be used as a record of action taken.

Who needs a surplus property memo:

01
Government agencies or organizations that regularly deal with surplus property, such as state or federal departments.
02
Companies or businesses that generate excess or obsolete inventory and want to dispose of it efficiently.
03
Non-profit organizations that receive donations of goods and need to document the disposal of surplus items.
04
Educational institutions or schools that have unused or outdated equipment or resources.
05
Any organization or individual who wants to track and properly manage surplus property to ensure compliance with regulations and internal policies.
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Surplus property memo is a document used to report any excess or surplus property within an organization.
Any organization or entity that has excess or surplus property is required to file a surplus property memo.
To fill out a surplus property memo, organizations must provide detailed information about the surplus property including description, value, and reason for disposal.
The purpose of a surplus property memo is to provide transparency and accountability in the disposal of excess or surplus property.
Information such as description of the surplus property, value, condition, reason for disposal, and any approvals or authorizations must be reported on a surplus property memo.
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