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HomeMy WebLinkAboutPOL-027-23 Disposal of County Assets COUNTY OF NEWELL - POLICY HANDBOOK POLICY NO: POL-027-23 TITLE: DISPOSAL OF COUNTY ASSETS ADOPTED: September 21, 2023 (C-303/23) SUPERCEDES NO: 2014-PAD-011 PAGE NO: 1 of 1 POLICY PURPOSE: The purpose of this policy is to establish a standardized approach for approving the disposal of County assets. POLICY GUIDELINES: Disposal of assets may occur by sale, trade-in, destruction, transfer of assets or abandonment. Sale and disposal of County assets shall be approved through budget documentation, by the Director of the department that manages the asset, Chief Administrative Officer or by resolution of Council. Sales of buildings or land require approval by Council resolution (see POL-026-023 Municipal Land – Sales, Leasing, Permits). Directors, or their designate, are responsible for facilitating disposals and informing the Finance Department of all asset disposals.