RES NO 07-01-2020 CITY OF VAN BUREN,ARKANSAS
RESOLUTION NO. b7- 01-2020
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 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 VAN BUREN,
ARKANSAS,THAT:
SECTION 1: The City Council authorized the removal of the following fixed asset(Resolution No. 04-01-
2020) however, paying 20% of auction proceeds to the State Crime Lab as noted was
incorrect. All proceeds will be paid to the State Forfeiture Fund. After review, a corrected
resolution is needed to satisfy record keeping for State Auditors.
Department Amount Description of Inventory Control#
City Inspector $17,260.00 2001 Ford F150 Pickup Truck CI-76
VIN#FTRX17W41CA47917
IN WITNESS WHEREOF,the City of Van Buren,Arkansas,by its City Council,did pass,approve, and
adopt,by a vote of (p for and U against the foregoing Resolution at its regular meeting held on the 27th day
of July 2020.
Jose . urst
Mayor
ATTESTED: APPRO D AS O' . AgiA
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Phyllis Thomas Candf Settle
City Clerk/Treasurer City Attorney