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SPA Process User’s Guide
Chapter 6 – Deleting Property and Funds

Disposal Method 25 (Leasehold Improvements)

This disposal method is used to dispose leasehold improvement property involving a third party (not a state agency) that has been fully amortized.

To use this disposal method, property must be in class code 091 – leasehold improvement.

SPA Procedure

  1. Access the Disposal of Property (PADLET) screen on the Main Menu.
  2. Enter the property and component number in the corresponding fields. Press Enter.
  3. Enter disposal method 25 in the DISPOSAL METHOD field. Press Enter.
  4. Enter the disposal date in the DISPOSAL DATE field (using MM-DD-YYYY format)
  5. Enter the proceeds amount, if any.
  6. Press Enter. The message Press F4 To Continue Or F5 To Cancel appears.
  7. Press F4. The message Information Has Been Deleted appears.