TO: AC Transit Board of Directors
FROM: Michael A. Hursh, General Manager/Chief Executive Officer
SUBJECT: Vehicle Disposal
ACTION ITEM
AGENDA PLANNING REQUEST: ☐
RECOMMENDED ACTION(S):
Title
Consider approving the disposal of a vehicle by sale or by other means most advantageous to the District.
Staff Contact:
Salvador Llamas, Chief Operating Officer
Body
STRATEGIC IMPORTANCE:
Goal - Financial Stability and Resiliency
Initiative - Financial Efficiency and Revenue Maximization
BUDGETARY/FISCAL IMPACT:
Depending on the method used to dispose of this vehicle, reimbursement should be approximately $2,500. This is based on the fair market value at the time of sale.
BACKGROUND/RATIONALE:
The vehicle identified in Attachment 1 has surpassed the useful life expectancy required by the Federal Transit Administration and the District’s Transit Asset Management Plan. Rehabilitation or repair costs for this vehicle exceeds the net book value and are recommended for disposal in accordance with methods outlined in Board Policy No. 461 - Disposition of District Owned Surplus Equipment, Supplies and Other Tangible District Property.
ADVANTAGES/DISADVANTAGES:
Disposal of this vehicle will ensure that parking space is available for new vehicles being purchased. There is no disadvantage to the proper disposal of this vehicle.
ALTERNATIVES ANALYSIS:
There are no practical alternatives to this action as this vehicle has surpassed the life cycle and space is needed for additional vehicle parking.
PRIOR RELEVANT BOARD ACTION/POLICIES:
Staff Report 22-487; Equipment Disposal
Board Policy No. 461; - Disposition of District Owned Surplus Equipment, Supplies and Other Tangible District Property.
ATTACHMENTS:
1. Vehicle Disposal List
Prepared by:
Stuart Hoffman, Technical Services Manager
Approved/Reviewed by:
Salvador Llamas, Chief Operating Officer
Jill A. Sprague, General Counsel/Chief Legal Officer
Chris Andrichak, Chief Financial Officer
Fred Walls, Director of Procurement and Materials
Cecil Blandon, Director of Maintenance