School property, such as equipment, furnishings, or supplies (hereafter equipment), shall be disposed of when it is determined to be of no further use to the District. When disposing of equipment, the District shall strive to achieve the best available price or most economical disposal.

Obsolete equipment with a value of less than $5000 shall be disposed of in a manner determined by the Board. The Superintendent has the discretion to use various procedures such as accepting bids, disposal, etc. However, the sale of equipment, furnishings or supplies disposed of in this manner shall be published in a newspaper of general circulation at least once each week for two consecutive weeks.

A public hearing shall be held regarding the disposal of the equipment with a value of $5000 or more prior to the Board's final decision. The Board shall adopt a resolution announcing the proposed sale and shall publish notice of the time and place of the public hearing and the description of the property shall be in the resolution. Notice of the public hearing shall be published at least once, but not less than 10 days and not more than 20 days, prior to the hearing date. Upon completion of the public hearing, the Board may dispose of the equipment.

The Superintendent will make a recommendation to the Board regarding the method for disposing.

Approved:  September 2007
Reviewed:  October 2020
Revised:     October 2020

Decisions regarding the lease, sale, or disposal of school district real property shall be made by the board.  In making its decision the board will consider the needs of the education program and the efficient use of public funds.

Prior to the board's final decision regarding real property with a value of $5,000 or more, a public hearing shall be held.  The board shall adopt a resolution announcing the proposed sale which shall contain notice of the time and place of the public hearing and the description of the property or locally known address.  Notice of the time and place of the public hearing shall be published at least once, but not less than 10 days and not more than 20 days, prior to the hearing date.  Upon completion of the public hearing, the board may dispose of the property.

If the real property contains less than two acres, is located outside of a city, is not adjacent to a city and was previously used as a schoolhouse site, the property may revert to the owner of the tract from whom the property was taken following the procedures set forth in Iowa Code §§ 297.15-.25.

In the case of a sale or lease of school district real property not being used for the education program, unless otherwise exempted, advertisements for bids shall be taken.  If the bids received by the board are deemed inadequate, the board may decline to sell or lease the property and re-advertise.

In the case of the razing of a school district facility, at a cost of $100,000 or more, the board will advertise and take bids for the purpose of awarding the contract for the project.

The superintendent shall be responsible for coordinating the action necessary for the board to accomplish the lease, sale, or disposal of school district real property, including student-constructed buildings.  It shall also be the responsibility of the superintendent to make a recommendation to the board regarding the use of school district real property not being utilized for the education program.

Cross Reference:         
704      Revenue
705.1   Purchasing - Bidding
803      Selling and Leasing

Approved: September 2007
Reviewed:  December 2014