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RES NO 06-05-2008 CITY OF VAN BUREN, ARKANSAS 0 RESOLUTION NO. 1p 5 2008 BE IT ENACTED BY THE CITY COUNCIL, FOR THE CITY OF VAN BUREN, ARKANSAS, A RESOLUTION TO BE ENTITLED: A RESOLUTION 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, beyond repair, and are no Longer cost effective to maintain, so as to no longer be needed by the City; and WHEREAS, It is desirable for said items to be removed from the City's Fixed Asset Inventory and disposed of by sealed bid. auction or as otherwise authorized in accordance with state law, A.C.A. 14 -58 -306. 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, auction or other such methods authorized under the law: Department Amount Description of Inventory Control Street Department $32.698.00 John Deere SSZO Tractor ST -226 Street Department 9,000.00 2000 Chevrolet Van ST -216 Street Department $16,475.00 1985 Ford Dump Truck ST -37 Street Department $17,250.00 2002 Ford Crown Victoria ST -254 Cemetery 2,945.94 Dixon Mower FC -04 IN WITNESS WHEREOF. the City of Van Buren, Arkansas, by its City Council, did pass, approve, and adopt, by a vote of (0 for and 0 against, the foregoing Resolution at its meeting held on the 16 day of June, 2008. Robert D. an, •y% ATTESTED: APPROVED AS TO FORM: Barb= City Clerk/Treasurer N. Donald Jenkins, Jr., City Attorney ea CAA. it-