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RES NO 06-01-2026 CITY OF VAN BUREN,ARKANSAS RESOLUTION NO.C�- Q I -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# Fire Dept $3,056.25 Hoshizaki Ice Machine FD 1-414 IN WITNESS WHEREOF, the City of Vaaft, (Ven,Arkansas, by its City Council, did pass, approve, and adopt, by a vote of for and against,the foregoing Resolution at its regular meeting held on the 22nd day of June 2026. G\eck Treas G'm CU Joseph e. Hurst City of Van Buren Mayor ATTESTED: y°y APPROVED A O County.P��a aj��S_ awnna Re n lds Jacob Howell City Clerk/Treasurer City Attorney City of Van Buren, Arkansas Municipal Complex 1003 Broadway • Van Buren, Arkansas 72956 FIXED ASSET FORM This form is used to register or dispose of r►ed asset or to make changes to an existing filed asset. If Ciry Council approval is needed,please include this form►with the consideration request. Resolution 02-02-2024 Fixed 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 6/2/2026 ACQUIRE DISPOSE DONATION TRANSFER IN TRANSFER OUT (Circle One) TRANSFERRED FROM TO (IfApplicable) DEPARTMENT VBFD FIXED ASSET NUMBER FD1 414 (Verify With Citv Clerk's Office) AMOUNT OF PURCHASE, SALE,OR FAIR MARKET VALUE $ 3,056.25 RESOLUTION/ORDINANCE NO. (IfApplicable) SERIAL or VIN NUMBER G 10363EI/M 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) Hoshizaki Ice Machine v D E P T APPROVAL MAYOR APPROVAL Updated 10/2/2025