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RES NO 08-03-2011 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 1 -3 2011 BE IT ENACATED BY THE CITY COUNCIL, FOR THE CITY OF VAN BUREN, ARKANSAS, A RESOLUTION TO BE ENTITLED: A RESOLUTION AUTHORIZING THE MAYOR AND THE CITY CLERK TO REMOVE AND DISPOSE OF CERTAIN FIXED ASSETS FROM THE CITY OF VAN BUREN'S FIXED ASSET INVENTORY, BY SEALED BID 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 be removed from the City's Fixed Asset Inventory and Disposed of by sealed bid, or as otherwise authorized under Arkansas law. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN, ARKANSAS, THAT: SECTION 1: The Mayor and City Clerk are hereby authorized to remove the following assets from the Fixed Asset Inventory and to dispose of same by sealed bid or other such methods under the law: Department Amount Description of Inventory Control Police Department $16,614.00 2004 Chevrolet Impala Sedan PD 569 2G 1 W F52K349269473 Police Department $20,708.00 2006 Ford Crown Victoria PD 609 2FAFP71W56X158920 Police Department $20,708.00 2007 Ford Crown Victoria PD 615 2FAFP71 W67X1 1 1445 IN WITNESS WHEREOF, the City of Van Buren, Arkansas, by its City Council, did pass, approve, and adopt, by a vote of 5 for and la against, the foregoi, esolution at its Regular Meeting held on the 15" day of August, 2011. 4 Robert D. Freer• Mayor AT STED: APP OVED AS TO F pit a r gr qui Barbie Curtis 777" A T City Clerk/Treasurer City Attorney