§ 36-10-7.5-9 — Sale of surplus property; appraisal

Indiana § 36-10-7.5-9

• Jurisdiction: Indiana
• Title 36: LOCAL GOVERNMENT
• Art. 10: RECREATION, CULTURE, AND COMMUNITY
• Ch. 7.5: Township General Park and Recreation Law

Text

(a) The park governor may sell or order sold
through a designated representative by public or private sale any
personal property that the park governor has declared to be surplus and
declared to have an aggregate appraised value not greater than five
thousand dollars ($5,000).
(b) Whenever the park governor decides to sell at a private sale, the
park governor must employ a qualified appraiser to determine a
reasonable selling price for each kind of surplus item and must publish
the following information in the manner provided in IC 5-3-1:
(1) The fact that a private sale will be held.
(2) The location of the sale.
(3) The dates of the beginning and end of the sale.
(4) The time of day during which the sale will take place.
(5) The kinds of items to be sold at the sale.
(6) The price of each kind of item, which may not be less than the
reasonable selling price determined by the qualified appraiser.
(c) If the park governor decides to sell at a public sale, the park
governor shall conduct the sale in the manner provided by law for the
township to sell surplus property.

Legislative History

As added by P.L.157-1991, SEC.15. Amended by P.L.271-1993, SEC.12.