03/22/2005 Resolutions 2005-77
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RES 0 L UTI 0 N 2005-77
WHEREAS, the Grand Island Police Department is responsible for the sale of
unclaimed and/or stolen property; and
WHEREAS, the Police Department periodically schedules auctions to dispense of
such items; and
WHEREAS, Property Bureau, Inc. provides a service to allow such items to be listed
on its website and sold at public auction on the internet; and
WHEREAS, selling such items on the internet has the potential for a larger bidding
pool and a higher sale price than can be obtained selling it locally; and
WHEREAS, Property Bureau, Inc. would receive 50% of the first $1,000 and 25%
over that amount to provide this service; and
WHEREAS, it is recommended that the City authorize a one-year contract with
Property Bureau, Inc. to sell the City's unclaimed and/or stolen property according to the terms ofthe
contract.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the Police Department is hereby authorized to
enter into a contract with Property Bureau, Inc. to facilitate the sale of the City's unclaimed and
stolen property on the website, PropertyRoom.com, in accordance with the terms of the contract.
BE IT FURTHER RESOLVED, that the Mayor is hereby authorized and directed to
execute such contract on behalf of the City of Grand Island.
Adopted by the City Council of the City of Grand Island, Nebraska, March 22,2005.
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RaNae Edwards, City Clerk
Approved as to Form J:l
March 17, 2005