Orange County NC Website
.,. • <br /> j :7- ..... <br /> _ - •40, <br /> RESOLUTION . . <br /> 1 wi.71 <br /> j mpg: A properly designed and maintained*Fixed Asset Policy <br /> aid in the'control of theft or loss of valuable County Property <br /> ER <br /> W EAS: A properly designed and maintained Fixed.Asset Polo will • - <br /> : <br /> # aid in the identification of unused property so that it way _ • <br /> •be transferred to other agencies for theix use • .} • <br /> WI EREPS: A properly designed and maintained Fixed Asset Policy will <br /> ¢ • aid in the identification of property that could be scold to , • <br /> increase County Revenues <br /> • _wHEREAS A.properly designed,and maintained Fixed•Asset•Policy.will _ - -- , ... <br /> allow for the true value of County property to be reflected <br /> in •t <br /> its financial statements n � _ <br /> yH_ REFS: A properly designed and•maintained Fixed Asset Policy should <br /> balance the benefits to be received from. the Policy.with <br /> costs that are associated with the Policy - <br /> Now therefore-be it resolved that the Hoard of Commissioners of Orange <br /> County approve the Fixed Asset Policy as presented and do hereby authorize <br /> the Director of Purchasing and Central Services to•implement it. . <br /> '.Commissioner Norman'Gustaveson moved the Board approve the new • <br /> 'Fixed'Asset Policy as recommended. .'Contnis'sioner Barnes seconded,•the motion. - <br /> otion. _ <br /> Voter ayes, 5; noes, 0.- <br /> • <br /> • <br /> • <br />