Water-sewer districts can sell unneeded items worth less than $5,400 without sale notices and can sell unneeded real estate privately at estimated values up to $7,500.
Water-sewer districts can sell unneeded items worth less than $5,400 without publishing a sale notice. Other sales require notice in a local newspaper.
Water-sewer districts can sell unneeded real estate privately with public notice if its estimated value is no more than $7,500. Prices below 90% of value require an unsuccessful 120-day sale effort and a public auction.
Water-sewer districts may sell unneeded items worth less than $5,400 without publishing a sale notice. The exemption covers district-owned items other than real estate. Items worth exactly $5,400 do not qualify. The district board must decide that the property is not needed now and will not be needed for district purposes. For sales requiring notice, the district must publish the property description and sale terms in a local newspaper once a week for two consecutive weeks. The law took effect June 11, 2026.
Water-sewer districts may sell real estate privately when its estimated value is $7,500 or less. These rules cover district-owned land or buildings that the board decides are not needed now or in the future. Sales must bring at least 90% of the property's value unless the auction exception applies. For property worth more than $5,000, a written valuation must come from three independent licensed real estate brokers or an appraiser with a professional designation. If the property cannot be sold for at least 90% of its value after 120 days of offering it for sale, the board may pass a resolution allowing a public auction at the highest obtainable price. The district must publish sale notices, including auction notices, once a week for two consecutive weeks. The law took effect June 11, 2026. The required written valuation must be made no more than six months before the sale.
No hearings or votes scheduled.