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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br />ALAMEDA COUNTY, CALIFORNIA <br /> <br />RESOLUTION NO. 84-621 <br /> <br />APPROVAL OF BUDGET AMENDMENT FOR FIXED ASSET APPRAISAL <br />AND PROPERTY ACCOUNTING <br /> <br />WHEREAS, <br /> <br />in accordance with accepted accounting principles, <br />recording of fixed assets and corresponding depreciation <br />expense in the city's accounting books is required; and <br /> <br />WHEREAS, <br /> <br />such an inventory of fixed assets is also necessary for <br />insurance purposes and as a management tool to manage <br />the fixed assets and to establish a repair and <br />replacement program; and <br /> <br />WHEREAS, <br /> <br />the cost for such an inventory is increasing daily with <br />the growth of the city's fixed assets inventory and it <br />is appropriate at this time to authorize a budget <br />appropriation of $20,000 for the establishment of a <br />computerized inventory of the city's fixed assets; <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON <br />RESOLVES AS FOLLOWS: <br /> <br />Section 1: Council hereby approves a budget amendment of $20,000 <br /> for the establishment of a computerized inventory of the <br /> city's fixed assets. <br /> <br />Section 2: This resolution shall become effective immediately <br /> upon its passage and adoption. <br /> <br />THIS RESOLUTION ADOPTED DECEMBER 11, 1984 BY THE FOLLOWING VOTE: <br /> <br />AYES: Councilmembers - Brandes, Butler, Mohr, Wood and Mayor <br /> <br /> Mercer <br />NOES: None <br />ABSENT: None <br />ABSTAIN: None <br /> <br /> ATTEST: NETH R~ <br />~vJames R. Walker, City Clerk <br /> By Doris George, Deputy City Clerk <br /> <br />A:ROVED AS TO FORM: <br /> er D. MacDonald, City At o ney <br /> <br /> <br />