3.9 Disposition of Surplus Assets

The purpose of this policy is to provide a framework that encourages the disposal of assets that are no longer required and to provide a means of documenting the transfer or sale of surplus assets.

All TBPL employees.

The method of disposal used on a particular surplus item will be that which results in the best overall benefit to the Library, such as:

1. transfer to another department for use within the Library
2. trade-in, return to supplier for credit
3. invite public or selective quotations
4. donate to another non-profit/charitable organization
5. public auction, yard sale or other
6. scrap, dismantle or destroy, classify as waste and dispose 

The bid for a purchase of any surplus goods directly or indirectly by or for a Library Board member or employee, or a Board member’s or employee’s family (family being parent, spouse, child) is defined in the Municipal Conflict of Interest Act as probable conflict of interest.