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Resolution of the Mayor and Council of Princeton Authorizing the Sale of Surplus Personal Property No Longer Needed for Public Use by Auction on GovDeals
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WHEREAS, Princeton has determined that the personal property described on Schedule A, attached hereto and incorporated herein, is no longer needed for public use; and
WHEREAS, Princeton intends to utilize the online auction services of GovDeals located at GovDeals.com; and
WHEREAS, the sales shall be conducted pursuant to the Local Public Contracts Law, N.J.S.A. 40A:11-36, N.J.A.C. 5:34-5.8 and guidance set forth in the Division of Local Government Services Local Finance Notice 2019-15, and
WHEREAS, the auction of this surplus personal property will begin at 8:00 am prevailing time on Friday, October 17, 2025, and conclude at 4:00 pm prevailing time on Friday, October 24, 2025; and
WHEREAS, Princeton intends to utilize the online auction services of GovDeals via the Passaic County Co-op.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of Princeton, in the County of Mercer, State of New Jersey, the following:
1. Princeton is hereby authorized to sell the surplus personal property as indicated on Schedule A on an online auction website entitled GovDeals, located at GovDeals.com.
2. Princeton reserves the right to reject all bids if such rejection is in the public interest.
3. The terms and conditions of the agreement entered into between GovDeals and Princeton are available at GovDeals.com and in the Clerk’s office.