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RES NO 05-01-2025 CITY OF VAN BUREN,ARKANSAS RESOLUTION NO. -2025 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 CITY CLERK-TREASURER 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 A.C.A 14-54-302. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS, THAT: SECTION 1: The Mayor and City Clerk-Treasurer are hereby authorized to remove the following asset or assets from the Fixed Asset Inventory: Department Amount Description Control# Street Dept $16,056.36 2012 Gehl RT210 Track Loader ST288 IN WITNESS WHEREOF, the City of Van Buren,Arkansas, by its City Council, did pass, approve, and adopt, by a vote of_a for and_A against,the foregoing Resolution at its regular meeting held on the 28t'da ril 2025. Gwk Tress Jos h P urst City of Van Buren Mayor ATTESTED: h APP O FORM: oryCounty, Shawnna ReyAoILYs City Clerk/Treasurer City Attorney -- --