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RES NO 02-01-2011 CITY OF VAN BUREN, ARKANSAS 0 RESOLUTION NO. 2011 BE IT ENACTED BY THE CITY COUNCIL, FOR THE CITY OF VAN BUREN, ARKANSAS, A RESOLUTION TO BE ENTITLED: A RESOLUTION TO AUTHORIZE THE MAYOR AND THE CITY.CLERK TO REMOVE AND DISPOSE OF CERTAIN FIXED ASSETS FROM THE CITY OF VAN BUREN'S FIXED ASSET INVENTORY, BY SEALED BID, AUCTION OR OTHER METHODS AUTHORIZED UNDER THE LAW, AND FOR OTHER PURPOSES. WHEREAS, the City of Van Buren has certain fixed assets on its Fixed Asset inventory list which are obsolete, and /or beyond repair, and are no longer cost effective, so as to no longer be needed by the City; and WHEREAS, after an inventory of Fixed Assets, it is therefore recommended by our State Auditor that said items or item be removed from the City's Fixed Asset Inventory and disposed of by sealed bid, auction or as otherwise authorized under Arkansas law. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN, ARKANSAS THAT: 0 SECTION 1: The Mayor and City Clerk are hereby authorized to remove the following asset from the Fixed Asset Inventory and to dispose of same by sealed bid, auction or other such methods authorized under the law: Department Amount Description of Inventory Control Building Department $6,213.25 Ricoh 410 Digital Copier CI -78 Fire Department $4,619.00 Signal Repeater FD1 -134 Fire Department $2,450.00 Cannon Copier Cabinet FDI -221 Fire Department $1,636.13 Computer System Station 3 FDI -232 Fire Department $1,724.83 Compaq Laptop ENO Computer FDI -302 Fire Department $4,012.46 Canon Image Runner 210 Series FD1 354 City Clerk $1,620.89 Lexmark Printer CC -58 City Clerk $6,014.98 Network Server CC -60 SECTION 2: The Mayor and City Clerk are hereby authorized to remove the following asset from the Fixed Asset Inventory because it was stolen from the Field of Dreams, investigated, and not recovered: Department Amount Description of Inventory Control Field of Dreams 56,400.00 Kubota Tractor DR -36 SECTION 3: The Mayor and City Clerk are hereby authorized to remove the following asset from the Fixed Asset Inventory because it was mistakenly listed on the Inventory and should not have been due to it being a leased item and not the property of the City of Van Buren: Department Amount Description of Inventory Control City Engineer $23,712.00 HP Color Plotter EG -09 IN WITNESS WHEREOF, the City of Van Buren, Arkansas, by its City Council, did pass, approve, and adopt by a vote of 5 for and agai he foregoing Resolution at its meeting held on the 28 day of February 2011. Robert D. F Mayor ATTESTED: A PROVED TO FORM: Barbie Curtis Candice A. Settle City Clerk/Treasurer City Attorney