Notice of Property Disposal – Compliance with Regulation 30(2b)
In accordance with Regulation 30(2b) of the Local Government (Functions and General) Regulations 1996, the following details are provided regarding the recent disposition of property:
Disposal Method:
Public Auction was initially utilised for the sale of surplus SIPS panels through Smith Broughton Auctioneers. An independent valuation was obtained, and a reserve price was set in line with that valuation.
Auction Outcome:
The auction did not achieve the reserve price. The highest bid received exceeded the 10% negotiation threshold permitted under Delegation 1.2.25, and therefore the method of disposal by auction was deemed unsuccessful.
Subsequent Disposal:
Under Condition 3 of Delegation 1.2.25, and pursuant to Regulation 30(2a)(a), the CEO authorised to dispose of the property to the highest bidder following the failed auction process.
Final Sale Price:
The property was sold for $23,750
This notice will remain published for a period of 1 year from the date of the initial auction, in compliance with Regulation 30(2b)(b).
Full details of the disposition are also available for public inspection at the Shire of Harvey Office, 105 Uduc Road, Harvey WA 6220.