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RES NO 08-01-2025 CITY OF VAN BUREN,ARKANSAS RESOLUTION NO. Q I - - 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# Parks Dept $ 4,399.99 Newstripe Dirt Doctor PR-11 Parks Dept $11,221.00 Gravely 60"Zero Turn Mower PR-29 IN WITNESS WHEREOF, th City of Van en,Arkansas, by its City Council, did pass, approve, and adopt, by a vote of for and g against,the foregoing Resolution at its regular meeting held on the 25th day of August 2025. 4seplh P. urst or ATTEST AP ' ��4 Shawnna ReynV]cfs well City Clerk/Treasurer City Attorney City of an, Buren, .fir kaD,,i,,,1.-As Municipal Complex 1003 Broadmay * Van Buren, Arkmisas 72956 FIXED AS SET FO RM This form is used to register or dispose ofs fixed asset or to make changes to an existing fixed asset IF City Council approval is needed,please include this form with purchase request Resolution 0CLOO-20213Fixed asset,is hereby defined as an asset of durable nature,which is expected to be used for a period greater than three years,and total cost(including tax,freight,installation)of$3,000.00 or more and includes land,land improvement,buildings,equipment,furniture,tools,vehicles etc.but does not include computer software DATE _11_'31-2026 DISPOSE ACQUIRE DONATION OTHER (i� TRANSFERRED FROM TO (Yr ppficable) DEPARTMENT FIXED ASSET NUMBER—___—, (1/enfr With Grey Clews aff cc) AMOUNT OF PURCHASE, SALE, OR FAIR MARKET VALUE RESOLUTION/ORDINANCE NO (If,4ppjjcable) SERIAL or VIN NUMBER_—_-—----------- N4- DESCRIPTION (Atinch Documenrition) QSA DEFT AYOR APPROVAL '7 it %tj-%f Van Buren, Arkansas Murfl' cipal Complex 1003 Broadway 9 VaIi Buren, Arkansas 72956 FIXED AS SET FORM Mrs fonzi is used to-register or dispose oi'a fired asset Or to make changes to in exis&nSfixed asset. JF City Council approval is needed,please include this form with purchase request. Resolution 040L00-2023Fixedasset,is hereby defined as an asset of durable nature,wh!ch is expected to be used for a period greater Char three years,and total cost;including tax,freight,installation)of$3,000,00 or more and includes land,land improvement, buildings,equipment,furniture,tools,vehicles etc. but does not include computer software. DATE ACQUIRE DISPOSE� DONATION OTHER (Circle one,; TRANSFERRED FROM TO .,rc_b Applicable) DEPARTMENT FIXED ASSET NUMBER-- • 29 (Verify with Ciry Cle.4's afflce) AMOUNT OF PURCHASE, SALE,OR FAIR MARKET VALUE RESOLUTION/ORDINANCE NO (IfAppAcabje) SERIAL or VINNUMBER---.-,--,. IMBL. DESCRIPTION (Attich Documentation) . DEPT APPROVAL-,— MAYOR APPROVAL