2003-26RESOLUTIQN No.. 200
A RESOLUTION FOR PARTICIPATION IN
STATE OF ILLINOIS
FEDERAL SURPLUS PROPERTY
WHEREAS, the Village of Buffalo Grove has limited fiscal resources available for the
procurement of heavy -duty construction equipment, vehicles commodities, and other property;
and
WHEREAS, the State of Illinoos' Federal Surplus Property Program offers a variety of
surplus property at approximately 5 -25 percent of the acquisition value, effectively reducing
program costs by acquiring items that have been used to their life expectancy or property that
must be replaced for safety or economic reasons; and
WHEREAS, the Village of Buffalo Grove agrees to the following terms and conditions;
to use the surplus property only in the official program which it represents; and upon receipt,
agrees to place the surplus property into use within one year, and it agrees that the property shall
be used for a period of one year (certain items, eighteen months); that it agrees it will not sell,
loan, trade or tear down the property without written consent from the State of Illinois; and
WHEREAS, the Village of Buffalo Grove understand that surplus property must be
used in an authorized program and that personal use or non -use of surplus property is not
allowed;
NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees of
the Village of Buffalo Grove, Lake and Cook Counties, Illinois do hereby consent and decree that
the Village of Buffalo Grove is authorized to participate in the State of Illinois Federal Surplus
Property Program.
AYES: 6 Braiman, Glover, Berman, Johnson, Rahn, Trilling
NAYES: 0 - None
ABSENT: 0 - None
PASSED: April 7 2003
APPROVED: April 7 •2003
APPROVED:
A/ /
Village President
ATTEST: ,
Villag6 Clerk