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ORD - 2024- 016 <br /> g . Upon the Manager' s determination that certain property is surplus the Manager may <br /> dispose of County personal property consisting of one item or a group of similar items <br /> having a value of less than $ 30 , 000 . In disposing of the property the Manager may <br /> utilize any lawful method of disposal including and not limited to private or public sale , <br /> exchange , auction , etc . The Manager shall seek fair market value for the property . <br /> Consideration may consist of items and things other than currency . The Manager shall <br /> keep a record of all property sold under this section and that record shall generally <br /> describe the property sold or exchanged , to whom it was sold , or with whom exchanged , <br /> and the amount of money or other consideration received for each sale or exchange . <br /> h . The Manager is authorized to approve and execute leases of County property for a <br /> term not exceeding one year . Such leases of County property may not be extended <br /> beyond one year except by action of the Board of Commissioners . <br /> Section XV. Micro - purchase Threshold <br /> a . In accordance with 2 C . F . R . § 200 . 320 ( a ) ( 1 ) ( iv) and the applicable provisions of North <br /> Carolina law , the County hereby self- certifies the following micro - purchase thresholds , <br /> each of which is a " higher threshold consistent with State law" under 2 C . F . R . § <br /> 200 . 320 ( a) ( 1 ) ( iv) ( C) for the reasons set forth in the recitals to this resolution : <br /> 1 . $ 307000 , for the purchase of " apparatus , supplies , materials , or equipment" ; <br /> and <br /> 2 . $ 30 , 000 , for the purchase of " construction or repair work" ; and <br /> 3 . $ 50 , 000 , for the purchase of services not subject to competitive bidding under <br /> North Carolina law ; and <br /> 4 . $ 50 , 000 , for the purchase of services subject to the qualifications - based <br /> selection process in the Mini - Brooks Act ; provided that such threshold shall apply <br /> to a contract only if the County has exercised an exemption to the Mini - Brooks Act , <br /> in writing , for a particular project pursuant to G . S . 143 - 64 . 32 . If the exemption is <br /> not authorized , the micro- purchase threshold shall be $ 0 . <br /> b . The self- certification made herein shall be effective as of the date hereof and shall be <br /> applicable until June 30 , 2025 . <br /> c . In the event that the County receives funding from a federal grantor agency that adopts <br /> a threshold more restrictive than those contained herein , the County shall comply with the <br /> more restrictive threshold when expending such funds . <br /> d . The County shall maintain documentation to be made available to a Federal awarding <br /> agency , any pass -through entity , and auditors in accordance with 2 C . F . R . § 200 . 334 . <br /> e . The Chief Financial Officer of the County is hereby authorized to revise the Purchasing <br /> Policy of the Unit to reflect the increased micro - purchase thresholds specified herein as <br /> necessary , and to take all such actions to carry into effect the purpose and intent of the <br /> foregoing resolution . <br /> 14 <br />