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Government property sold at public auction may include surplus government equipment, abandoned property over which the government has asserted ownership, property which has passed to the government by escheat, government land, and intangible assets over which the government asserts authority, such as broadcast frequencies sold through a spectrum auction.
In addition, government-owned industrial plants, airfields, and other real property was sold or turned over. Even patents, industrial processes, manufacturing techniques, and inventions were declared surplus and put up for sale. [2] Below are a few examples of surplus assets distributed by the WAA: Agricultural machinery [3]
Make recommendations regarding the sale of surplus real estate. Roosevelt created the board by executive order. The board was to consist of a representative of every government agency "in charge of considerable holdings of Federal income-producing property", as well as representatives from the Procurement Division and the Bureau of the Budget.
Texas officials try to intercept sale of surplus border wall materials Patrick noted that Texas became aware of the materials slated for auction on Dec. 12, the same day the Daily Wire reported ...
The Surplus Property Board (SPB) was briefly responsible for disposing of $90 billion of surplus war property held by the United States government in the final year of World War II. [1] Created by the Surplus Property Act of 1944 , [ 2 ] the Board functioned for less than nine months, before being replaced by a more streamlined agency.
All combined, that nets out to a surplus of 3.3 million homes from 2000 to 2020. The findings contrast with a plethora of research that points to a widespread shortage of new homes being constructed.