The Federal Highway Administration mandates that retired signs are sold and their scrap value returned to the State Trunkline Fund. These signs will generate a lot of interest and there are collectors out there waiting to buy a piece of history related to the old Tiger Stadium that is as distinctive as these signs. MiBid will provide the state with faster property turnover and increased revenue - a benefit of increased competition and a broader customer base. Then, once items become available for sale, they can be immediately posted to the auction web site rather than transporting and warehousing property until the next traditional auction. Traditionally, the state held miscellaneous surplus auctions once a month in Lansing where approximately 300 people, who typically lived within driving distance, would attend.
Items can range from office furniture, jewelry and collectibles, to computers and stereos.
Each item will have a closing date and time, and bidders can enter their bid anytime before the closing bell. As with the sale of all state surplus items, state tax is collected and shipping and handling is charged accordingly to the buyer. Revenue generated from the sale of property goes into a revolving service fund to support the program and into the state's general fund. If you want to email the Governor click Governor on the navbar, then click Contact the Governor in the Governor sidebar and fill out the form. If you should have any questions or comments regarding this website, click Home on the top banner, then click Contact the Web Site Coordinator in the Home sidebar and fill out the form.