RES NO 03-01-2026 (2) CITY OF VAN BUREN,ARKANSAS
RESOLUTION NO.0 -0i - 2026
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 $11,388.00 Gravely PTO Turn 60" PR-87
IN WITNESS WHEREOF, the City of V en, Arkansas, by its City Council, did
pass, approve, and adopt, by a vote off' for and AJ against, the foregoing Resolution at its
regular meeting held on the 23rd day of March 2026.
G\erk Trews
sep . Hurst
City of Van Buren
or
C� y
AT �`"'o. APPROVED AS T
Counry,
Shawnna Reynoldl Jacob Howell
City Clerk/Treasurer City Attorney
City of Van Buren, Arkansas
Mum*cipal Complex
t
1003 Broadway o Van Buren, Arkansas 72956
FIXED ASSET FORM
This form is used to register or dispose ofa filed asset or to make changes to an ehisdngfixed asset.
11' ry Council approval is needed,please include this form with the consideration request.
Resolution 02-02-2024FixedAsset,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 3/5/2026
ACQUIRE ISPOSE DONATION TRANSFER IN TRANSFER OUT
(Circle One)
TRANSFERRED FROM TO
(ffApplicable)
DEPARTMENT Parks & Rec FIXED ASSET NUMBER P R-$7
(verify with City Clerk's o ce)
AMOUNT OF PURCHASE,SALE,OR FAIR MARKET VALUE
1 'i,388.00
RESOLUTION/ORDINANCE NO.(.lfApplicable)
SERIAL or VIN NUMBER 000901
NEW/UPDATE TO EXISTING INSURANCE REQUIRED (Circle One) YES / NO
IF YES,WHO WILL ADD TO INSURANCE? (Circle One) YOU / CLERK'S OFFICE
DESCRIPTION(Attach Documentation) Gravely PTO Turn 60" - Returning and
purchasing a different model -- --- — - -_ _
DEFT APPROVAL MAYOR APPROVAL _
r
Undated 10/2/2025