Orange County NC Website
RESOLUTION <br /> WHEREAS: A properly designed arid. maintained Faxed Asset Pali.cy will <br /> aid in the control of theft or loss of valuable County F <br /> EREAS� A properly designed and maintained Fixed Asset Policy will <br /> aid in the identification of unused property so that it may - <br /> be transferred to other agencies for their use <br /> VTAEREAS: A properly designed- <br /> and maintained Fixed Asset Polic3Y Will <br /> aid in the identification of property that could be sold to <br /> increase County Revenues <br /> designed and maintained Fixed,Asset Policy"-Will <br /> gEAS,_ p pr signed er to be reflected <br /> allow for the true value of County p ro P .. <br /> in its financial statements <br /> A properly designed and maintained Fixed Asset Policy s3iould <br /> balance the benefits to be xeceived from the Policy wsth <br /> costs that axe associated with the Policy' <br /> -rs of now therefore-be i resolved <br /> Mset Policy asapresen ed. and 1do hereby authorize <br /> County aPprove the Fixed A cement. it._ <br /> asing and Central <br /> the Director of Purch Services to imp <br />