PROPERTY CONTROL 12/11/69 (69-69) Approved the Transfer of Equipment Policy. 9/26/84 (84-66) Approved increasing minimum value of equipment and other assets inventoried for property control purposes from $50.00 to $150.00. 3/11/87 (87-15) Approved policy for the disposal of surplus University property. 6/23/88 (88-47) Approved increasing minimum value of equipment and other assets inventoried for property control purposes from $150.00 to $500.00. 2/18/99 (99-06) Approved increasing minimum value of equipment and other assets inventoried for property control purposes from $500.00 to $2500.00. 1/26/07 (07-03) Amended the Procedure for the disposal of surplus equipment (3/5/87) to exclude computer equipment and digital storage media. University Administration authorized to implement a separate procedure to ensure the safe and secure disposal of University computers and digital storage media consistent with Federal Department of Defense and Environmental Protection Agency standards.