DISPOSAL. .0? SURPLUS 7rAR PROPERTY
. . ‘ V . \ -
All Government -owned supplus
property s' lcs made by the Recon
struction Finance Corporation, no
met ter how smell or how high the
dollar amount involved, will be
open to public inspection, Mr.
Richard 11. Price, manager of the
RFC Disposing Loan Agency of Scattl
announced.
Surplus property assigned as of
February 28, 1945, to. the Fairbanks
Branch of the Seattle RFC Agency
for disposal fcr.d an acquisition
cost of 0246,293.14. In addition,
similar regional r. cords arc being
made in the other 22 Disposing
Loan Agencies of the Reconstruction
Finance Corporation.
"The, Government's Goldfish Bowl
policy will he implemented with
respect to RFC trr.nsc.ctions in
Government surplus- property in
sever 1 ways, "L:r. Trice explained.
"Solos lists ..’ill be supplied to
newspapers, trr.de journals and o
other interested public-'tions, aid
to Chambers of Commerce and other
trade organizations. In addition,
lists will be posted on public
bulletin boars in RFC Agency Offices
"These records will list a gen
eral description of each item sold,
its condition whether used, new,
obsolete, damaged, or reconditioned
acquisition cost, sales price, to
whom sold, s-and the address.
"...detailed record of individual
1
transactions, supplying r.ll bids,
whether .successful or not, time, pla
place'and' type of sale,’-and other
information will be <ava.il:.bio for
inspection at the RFG Agency offices
upon request.
"TThd ropJrts r^ill be 'rarvlo publii
twice a month, covering the period
fr. n the. first., fc' tiro, fifteenth m
from the sixteehth to the last day
iof the month, inclusive.* ■” •
’’The reports cover '•.11 sales.
’’The step has been taken with
Pi CO
mo approval ,oi tnc ourpiun rropcrty
Board which* {under the‘Surplus
Pxbp^hty AcJb,{ among other responsi
bilities, •,sets -dlsposr.l' policic .
The Coldfisli. Bowl policy is high on
the list and vr.s incorpor tod in
tya- Act by Congress.
"The compilrytion of detailed
reports bf all RPC Transactions
twice a month, will greatly increase
the vjork burden of the RFC orgen
ization. Nevertheless, it is agreed
that th„ extra loca is justified in
order to give the'"public an •equate^
information. , ,v :' ' ■
"Th^ territory. served tb y the,.,
Seattle Agency and if's F' 1Thanks
Branch covers the sixteen i.'ortfc* •
western*, counties ,of Washington -and
the Tcrritority of Alaska. However,
sales are n_t restricted to property
declared surplus within any one
Agency*s. territory or local juris
diction.1 the prospective buyer in
this region need, only contact this*
rgofife^-.to inf ermat j n regard
ing materials, and production pp.10
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