STRATEGIC PRIORITY: Government Performance and Financial Management
AGENDA DATE: April 28, 2021
COUNCIL DISTRICT(S): N/A
DEPARTMENT: Office of Procurement Services
EXECUTIVE: Elizabeth Reich
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SUBJECT
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Authorize the sale of one 2020 Chevrolet Suburban through a public auction ending March 30, 2021 to Zameer Fazal in the amount of $21,500, highest bidder - Revenue: General Fund ($18,275) and Express Business Center Fund ($3,225)
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BACKGROUND
This action seeks approval to sell one 2020 Chevrolet Suburban to Zameer Fazal in the amount of $21,500, which was publicly auctioned ending on March 30, 2021. The vehicle was impounded at a collision site, and subsequently sold at auction in “As Is” condition as part of the Dallas Police Auto Pound Auction.
The City used its current contract auctioneer, Lone Star Auctioneers, Inc., to auction this equipment. The auctioneer charges a buyer’s premium instead of the City paying a fee.
Dallas City Code 2-37.4 requires that when the highest bid for property is more than $20,000, the sale to the highest bidder must be confirmed by City Council.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
This item has no prior action.
FISCAL INFORMATION
Revenue: General Fund ($18,275.00) and Express Business Center Fund ($3,225.00)
PROCUREMENT INFORMATION
The following bid was received at public auction ending March 30, 2021:
*Denotes highest bidder
Bidder Address Amount
*Zameer Fazal 4020 Childress St. $21,500.00
Unit 6
Houston, TX 77005
OWNER
Zameer Fazal