SCHOOL PROPERTIES DISPOSITION
It shall be the policy of the Thompson School District to dispose of surplus or obsolete equipment, materials and supplies no longer required to accomplish the mission of the district.
Disposal of such items shall be responsibility of the superintendent or designee, upon determination that the items are no longer of any use to the district in the foreseeable future.
Obsolete or worn out equipment equal to or in excess of $10,000 replacement value shall be sold or otherwise disposed of only upon approval by the Board of Education. Equipment with replacement value of less than $10,000 may be sold or otherwise disposed of upon approval of the superintendent. All sales or disposal of such equipment shall be a matter of record and reported to the Board.
Land and buildings shall be sold only upon approval of the Board under such terms and conditions as the Board may direct. The Board has the authority to sell or lease any district property that may not be needed in the foreseeable future upon such terms as it may approve. If the property is sold to a state agency or political subdivision of the state, it shall not be necessary to find that the property may not be needed.