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File Number: 12 -074 <br />Previous Actions <br />• At the January 17, 2012 City Council meeting, staff was directed to reach out to the San <br />Leandro Unified School District and inquire about interest in any of the vehicles prior to <br />auctioning. The District agreed to purchase the 3 /4 ton truck for $1,000, fair market value. <br />Fiscal Impacts <br />Sale of the vehicles and equipment at auction generates a moderate amount of one -time <br />revenue. Although there is no guarantee on the revenues that an auction can generate, prior <br />auctions of similar size have seen returns in the range of $35,000 to $65,000 <br />ATTACHMENTS <br />• List of vehicles (9) <br />• List of heavy equipment (1) <br />PREPARED BY: James H. O'Leary, Interim Finance Director, Finance <br />City of San Leandro Page 2 Printed on 212812012 <br />