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RES NO 05-01-2026 CITY OF VAN BUREN,ARKANSAS RESOLUTION NO.00 6 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 I: 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 Department $9,167.00 94251400138 Predator Pro Zero Turn YW-6 IN WITNESS WHEREOF,toe City of Va?oren,Arkansas,by its City Council, did pass, approve, and adopt, by a vote of k e for and eX)against,the foregoing Resolution at its regular meeting held on the 26th day of May 2026. G\erk Tress 4'co ,5;6n rr— o eph urst City of Van Buren Mayo ATT ED: APPROVED AS O FORM: oracOU ntY Pt Shawnna keyAords Jacob Ho City Clerk/Treasurer City Attorney City of Van Buren, Arkansas Complex Municipal 1003 Broadway • Van Buren, .Arkansas 72956 FIXED ASSET FORM This form is used to register or dispose of Exed asset or to make changes to an existing fixed asset. If City 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 5/18/2026 ACQUIRE C DISPOSE DONATION TRANSFER IN TRANSFER OUT (Circle One) TRANSFERRED FROM TO (IfApplicable) DEPARTMENT Yard Waste FIXED ASSET NUMBER YW 6 (Verify with City Clerk's Office) AMOUNT OF PURCHASE, SALE,OR FAIR MARKET VALUE $9,167.00 RESOLUTION/ORDINANCE NO. (IfApplicable) SERIAL or VIN NUMBER 94251400138 NEW/UPDATE TO EXISTING INSURANCE REQUIRED (Circle One) YES / NO IF YES,WHO WILL ADD TO INSURANCE? (Circle One) YOU / CLERK'S OFFICE — p DESCRIPTION (Attach Documentation) Broken, will auction off �e����� 1 (U.�i-CJ. 7�(-o DEPT APPROVAL -..._.-- .._-- .-_-- .. MAYOR APPROVAL . .3 Updated 10/2/2025