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RES NO 04-04-2008 CITY OF VAN BUREN. ARKANSAS 0 RESOLUTION NO. A-1 2008 BE IT ENACTED BY THE CITY COUNCIL, FOR THE CITY OF VAN BUREN, ARKANSAS, A RESOLUTION TO BE ENTITLED: A RESOLUTION TO AUTHORIZE THE POLICE DEPARTMENT TO DISPOSE OF FIXED ASSETS FROM THE CITY OF VAN BUREN'S FIXED ASSET INVENTORY, BY SEALED BID, AUCTION OR OTHER METHOD 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, said items or item should be disposed of in accordance with state law, A.C.A. 14- 58 -306, and removed from the City's Fixed Asset Inventory. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN, 0 ARKANSAS THAT: SECTION 1: The Mayor and City Clerk are hereby authorized to remove the following assets from the Fixed Asset lnventory and to dispose of same by sealed bid, auction or other such methods authorized under the law: Department Amount Description of Inventory Control Police Department $20.304.00 2004 Ford Crown Victoria Sedan PD -582 Police Department $20,708.00 2006 Ford Crown Victoria Sedan PD -610 Police Department $20,304.00 2004 Ford Crown Victoria Sedan PD -567 IN WITNESS WHEREOF, the City of Van Buren, Arkansas, by its City Council, did pass, approve, and adopt, by a vote of,,� for and Q against, the foregoing Resolution at its meeting held on the 21' day of April, 2008. Robert D. Free or N ATTESTED: y APPROVED AS TO FORM: Barbie Curtis, City Clerk/Treasurer N. Th c t n I Jr., City Attorney