AC TRANSIT DISTRICT Board of Directors
GM Memo No. 10-051 Meeting Date: February 24, 2010
Committees: Operations Committee External Affairs Committee Board of Directors
Planning Committee Finance and Audit Committee Financing Corporation
SUBJECT: Consider Receiving the Second Quarter of Fiscal Year 2009-2010 Surplus and Obsolete Materials Report RECOMMENDED ACTION: Information Only
Briefing Item
Recommended Motion
Receive the Second Quarter Surplus and Obsolete Materials Report
Fiscal Impact: Net revenue of $9,572.01 Background/Discussion: During the second quarter of FY 09/10, the District disposed of (9) 3300 Paratransit vehicles. After commission and other costs associated with the sale, the District received a net return of $9,572.01 Prior Relevant Board Actions/Policies: Board Policy 356 Attachments: N/A Approved by: Prepared by: Date Prepared:
Rev. 1/10
Mary V. King, Interim General Manager Lewis G. Clinton, Jr., Chief Financial Officer Ed Barrow, Materials Supertindent February 2, 2010