Property belonging to CalArts which has been determined to be either surplus or obsolete is to be disposed of through Facilities Management and transaction must be approved by the Vice President for Administration.
The school or department having the surplus material should forward in writing to the Facilities Management Director, the following information:
1. Description of item 2. Location of item 3. School or department to whom item is charged (ownership) 4. Any available information on the possible resale value, possible buyers, suggested manner of disposition for specialized items, etc.
All material will be transferred to the stockroom, if practical, for further disposition.
Receipts from sale or disposal of material may be credited to the budget of the school or department declaring surplus. Allocation of the proceeds will be determined by the Vice President for Administration.