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RES NO 05-01-2023 CITY OF VAN BUREN,ARKANSAS RESOLUTION NO.& vI -2023 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 Mayor and City Clerk are hereby authorized to remove the following asset or 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# Fire Department $29,977.65 1999 F250 Truck FDI-253 IFTNX21F4XEE42678 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 regular meeting held on the 22"d day of May2023. berk Treds4 City of Van Buren JoZpV.Hurst 01 y�h r EST ~°County,P''a� (}mil Shawnna Re olcfs Jaco we City Clerk/Treasurer City Attorney Yr �yyy1�11�U1�1,(jf }r y Cb w + 1 pry 1 6-1 1� 1 w i d J x � +.j City of Van Buren, AR Fixed Asset Transaction A=ADD C=Contribution D=DELETE TI=Transfer In TO=Transfer Out D Action (A,C,D,TI,TO) FD1-253 Fixed Asset # FIRE Department 1999 Date Acquired Date Sold or Transferred (Circle One) 2.9, 77 �� Cost— (cost must equal the invoice amount or fair market value, if donated) Sale Amount Ordinance # Description 1999 F250 P/U Serial # / VIN # 1FTNX2lF4XEE42678 O Approval Dept. Supervisor 4�1 Approval Mayor (attach a copy of the invoice) J