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RES NO 10-04-2010 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. IO 4 2010 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 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 Police 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 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 the governmental agency listed below: Receiving Agency Book Value Description of Inventory Control City of Dyer $20,304.00 2003 Ford Crown Victoria PD -550 City of Dyer 3,895.00 Decatur Gemini Overhead Camera PD -553 IN WITNESS WHEREOF, the City of Van Buren, Arkansas, by its City Council, did pass, approve, and adopt, by a vote of la for and 0 again the foregoing Resolution at its regular meeting held on the 18' day of October; 20.10. �I Robert D. Fre 1= ATTESTED: APPROVE; AS TO FORM: £L11 .J..1 Barbie Curtis, City Clerk/Treasurer N. Dona Jenkins, Jr., City Attorney