Chapter 5.50
SURPLUS PROPERTY

Sections:

5.50.010    Sale of unneeded property owned by Cascade.

5.50.020    Transfer to a private party of personal property.

5.50.030    Sale of real or personal property originally acquired for public utility purposes.

5.50.040    Intergovernmental transfer of real or personal property.

5.50.010 Sale of unneeded property owned by Cascade.

Except as provided in CWAC 5.50.020, 5.50.030, and 5.50.040, the CEO may sell or dispose of assets of Cascade that are no longer usable, are no longer of value to Cascade, or are surplus to Cascade’s needs in accordance with informal procedures and in the best interests of Cascade. [Res. 2021-03 § 1; Res. 2012-07 § 44; Res. 2010-09 § 1].

5.50.020 Transfer to a private party of personal property.

A. For any personal property with the estimated value of $2,500 or less, the CEO may certify the property for disposition as surplus and sell or dispose of the property without a resolution of the Board or public hearing.

B. For personal property valued at more than $2,500, the CEO may sell or dispose of the property after the Board determines, by resolution, that the property is surplus and after compliance with CWAC 5.50.030, if applicable.

C. Any such sale or disposition under this section may be made in accordance with informal procedures and in the best interest of Cascade in any commercially reasonable way including but not limited to auction, private sale, sealed bid, or through a broker or agent. [Res. 2021-03 § 2; Res. 2012-07 § 44; Res. 2010-09 § 2].

5.50.030 Sale of real or personal property originally acquired for public utility purposes.

A. Subject to those exceptions set forth in subsection (B) of this section, for any lands, property or equipment originally acquired for public utility purposes, the CEO may sell or dispose of the property only after the Board, by resolution, determines that the property is not required for providing continued public utility service and after a public hearing. The Board’s resolution shall state the fair market value and such other terms and conditions for such disposition as the Board deems to be in the best public interest.

B. For any personal property or equipment with the estimated value of $50,000 or less acquired for public utility purposes that is surplus to Cascade’s needs and no longer required for providing continued public utility service, the CEO may sell or dispose of the property without a resolution of the Board or public hearing. [Res. 2021-03 § 3; Res. 2012-07 § 44; Res. 2010-09 § 3].

5.50.040 Intergovernmental transfer of real or personal property.

For any intergovernmental transfer of surplus real or personal property authorized under RCW 39.33.010, now or as hereafter amended, the CEO may transfer the property only after the Board, by resolution, determines that the property is surplus and the terms and conditions that may be agreed upon; and, if the property has an estimated value of more than $50,000, Cascade holds a public hearing in the manner and with notice as prescribed by RCW 39.33.020, now or as hereafter amended. [Res. 2021-03 § 4; Res. 2012-07 § 44; Res. 2010-09 § 5. Formerly 5.50.050].