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RES NO 06-01-2016 CITY OF VAN BUREN,ARKANSAS RESOLUTION NO. - I -2016 BE IT ENACTED BY THE CITY COUNCIL,FOR THE CITY OF VAN BUREN, ARKANSAS,A RESOLUTION TO BE ENTITLED: A RESOLUTION TO AUTHORIZE THE PROPERTY MAINTENANCE DEPARTMENT TO DISPOSE OF CERTAIN ASSETS FROM THE CITY OF VAN BUREN'S FIXED ASSET INVENTORY, BY SUCH METHODS AS AUTHORIZED UNDER THE LAW. WHEREAS, the City of Van Buren Property Maintenance Department has certain 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 be removed from the City's Fixed Asset Inventory. 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 transfer to various governmental agencies: Receiving Agency Value Description of Inventory Control# City of Cedarville $6820.00 27 HP 60"Cut Exmark Zero Turn Mower PM-16 Model#LZA27KC604 SN#877241 City of Cedarville $6526.64 28 HP 60"Cut Exmark Zero Turn Mower PM-8 Model#LAS28KA604 SN#766958 IN WITNESS WHEREOF, the City of Van Buren, Arkansas, by its City Council, did pass, approve, and adopt, by a vote of for and 0 again - - foregoing Resolution at its regular meeting held on the 20th day ofg2016. Tine 4 Robert—D. Mayor ATT .STED: A' 'RO /` I A TO FORM: aALIAG eA,141(-AL Alki Barbie Curtis 'Candice A.Settle City Clerk/Treasurer City Attorney