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SCHOOL FACILITIES <br />9215 <br />Page 3 of 4 <br /> <br />Bonneville Joint School District No. 93 <br />Acquisition, Disposal, and Exchange of School Property <br />The Board may exchange real or personal property owned by the District for other <br />property provided that: <br /> <br />1. Such property is appraised by an appraiser certified in the State of Idaho; <br /> <br />2. Such appraisal is entered in the records of the Board of Trustees and shall be used <br />to establish the value of the real or personal property; <br /> <br />3. One-half (1/2) plus one (1) of the members of the FULL Board determine such <br />exchange is in the best interest of the District; and <br /> <br />4. A resolution is passed authorizing such exchange of real and/or personal property to <br />any of the following: <br /> <br />a. U.S. Government; <br />b. City; <br />c. County; <br />d. State of Idaho; <br />e. Hospital District organized under chapter 13 title 39, Idaho Code; <br />f. Cooperative Service agency formed pursuant to section 33-317, Idaho Code; <br />g. School District; <br />h. Public Charter School; <br />i. Idaho Housing and Finance Association; <br />j. Library District; <br />k. Community College District; or <br />l. Recreation District. <br /> <br />5. If the Board of Trustees finds that it is in the best interests of the District to trade <br />personal property to a person or entity for like kind personal property, the Board may <br />vote to elect to do so. <br /> <br />DEFINITIONS <br /> <br />Real Property: All land, structures, firmly attached, integrated equipment (such as light <br />fixtures or a well pump), anything growing on the land, and all "interests" in the property <br />which may be the right to future ownership. Real property is not moveable. <br /> <br />Personal Property: The asset is movable and is not fixed permanently to one location. <br />It is property owned by an individual or business which is movable and is not affixed to <br />or associated with the land. Personal property may include equipment, office furniture <br />and equipment, vehicles purchased and used by the business, etc. <br /> <br /> <br />Adopted 06-14-2005 Reviewed Revised 04-12-2017 <br /> 03/08/2023 <br />