HomeMy WebLinkAbout9215 Acquisition Disposal and Exchange of School PropertySCHOOL FACILITIES
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Bonneville Joint School District No. 93
ACQUISITION, CONVEYANCE, AND EXCHANGE OF SCHOOL PROPERTY
Acquisition of Property
1. Real Property
a. Within one (1) year prior to acquiring or disposing of real property, such property
shall be appraised by an appraiser certified in the State of Idaho.
b. The appraised value shall be used to establish the fair market value of the
property.
c. The appraisal shall be exempt from disclosure to the public.
d. If the Board is purchasing a site for educational purposes, such building site shall
be located within the incorporated limits of any city within the district, unless by
resolution of the Board, it is determined that it would be in the best interest of the
District to acquire a site outside the incorporated city limits, but within the
boundaries of the District.
2. Personal Property
a. Personal property may be purchased as deemed necessary for the effective
operation of the District by any means considered appropriate when the
expenditure of funds will be less than twenty-five thousand dollars ($25,000).
b. When the purchase of personal property (with the exception of curricular
materials) is reasonably expected to cost twenty-five thousand dollars ($25,000)
or more, the statutory bidding requirements pursuant to Idaho Code § 67 -2801 et
seq. shall be followed.
Conveyance of Property
1. Property Valued Less than $500
a. For personal property that has an estimated value of less than five hundred
dollars ($500), the property may be disposed of in the most cost -effective and
expedient manner by an employee empowered by the Board to do so.
b. Such employee shall notify the Board in writing of the item(s) to be disposed of
and the manner in which they will be disposed prior to disposal of said property.
2. Property Valued Less than $1,000
SCHOOL FACILITIES
9215
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Bonneville Joint School District No. 93
Acquisition, Disposal, and Exchange of School Property
a. For personal property that has an estimated value of less than one thousand
dollars ($1,000), the Board may dispose of such property by sealed bid or by
public auction.
b. Prior to disposal of such property, at least one (1) published advertisement is
required.
3. Property Valued $1,000 or greater
a. The Board may elect to abstain from an appraisal of personal property if the
estimated value of such property is less than five thousand dollars ($5,000).
b. For real property with a value of one thousand dollars ($1,000) or greater, such
property shall be appraised.
c. The Board may dispose of such property by sealed bids or by public auction to
the highest bidder.
d. Notice of the time and method of sale shall be published twice pursuant to Idaho
Code § 33-402(2) Notice Requirements.
e. Proof of posting pursuant to Idaho Code § 33-402(3) Notice Requirements shall
be acquired prior to sale.
f. Such property may be sold for cash or upon such terms and conditions as the
Board determines; however, the term of contract shall not exceed ten (10) years
and shall bear an annual interest rate of not less than seven percent (7%).
g. Title to property sold on contract shall remain in the District until full payment is
received.
Personal Property purchased for employee gifts
Personal property purchased for $200 or less may be given to employees as gifts.
These gifts should be infrequent and, in some way, connected to the duties of the
employee receiving the gift. Examples of these gifts are clothing, supplies, and
accessories.
Donated Property
If real property is donated to the District, the Board may sell such property within one
(1) year of the time of initial receipt by the District without advertising or bidding.
Exchange of Property
SCHOOL FACILITIES
9215
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Bonneville Joint School District No. 93
Acquisition, Disposal, and Exchange of School Property
The Board may exchange real or personal property owned by the District for other
property provided that:
1. Such property is appraised by an appraiser certified in the State of Idaho;
2. Such appraisal is entered in the records of the Board of Trustees and shall be used
to establish the value of the real or personal property;
3. One-half (1/2) plus one (1) of the members of the FULL Board determine such
exchange is in the best interest of the District; and
4. A resolution is passed authorizing such exchange of real and/or personal property to
any of the following:
a. U.S. Government;
b. City;
c. County;
d. State of Idaho;
e. Hospital District organized under chapter 13 title 39, Idaho Code;
f. Cooperative Service agency formed pursuant to section 33-317, Idaho Code;
g. School District;
h. Public Charter School;
i. Idaho Housing and Finance Association;
j. Library District;
k. Community College District; or
l. Recreation District.
5. If the Board of Trustees finds that it is in the best interests of the District to trade
personal property to a person or entity for like kind personal property, the Board may
vote to elect to do so.
DEFINITIONS
Real Property: All land, structures, firmly attached, integrated equipment (such as light
fixtures or a well pump), anything growing on the land, and all "interests" in the property
which may be the right to future ownership. Real property is not moveable.
Personal Property: The asset is movable and is not fixed permanently to one location.
It is property owned by an individual or business which is movable and is not affixed to
or associated with the land. Personal property may include equipment, office furniture
and equipment, vehicles purchased and used by the business, etc.
Adopted 06-14-2005 Reviewed Revised 04-12-2017
03/08/2023
SCHOOL FACILITIES
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Bonneville Joint School District No. 93
Acquisition, Disposal, and Exchange of School Property
Legal Reference: Idaho Code § 33-601 Real and personal property – Acquisition, use or disposal
of same.
Idaho Code. § 33-402 Notice requirements
Idaho Code. § 67-2801, et seq. Purchasing by Political Subdivisions