2000-06 Comprehensive City Property ListWHEREAS, the City of Okeechobee is required by law to record and inventory
certain property; and
WHEREAS, the Auditor General requires fixtures and other tangible property of a
non consumable nature, the value of which is seven hundred fifty dollars ($750.00) or
more, and the normal expected life of which is one year or more, that each item of property
shall be marked and an adequate record maintained.
NOW, THEREFORE, be it resolved by the City Council of the City of Okeechobee,
Florida:
ATTEST:
Bonnie S. Thomas, CMC, City Clerk
REVIEWED FOR LEGAL SUFFICIENCY:
John R. Cook, City Attorney
RESOLUTION NO. 00 -6
A RESOLUTION OF THE CITY OF OKEECHOBEE, FLORIDA,
AUTHORIZING THE SUMMARIZATION OF ALL PROPERTY OWNED
WITH ORIGINAL COST OF SEVEN HUNDRED FIFTY DOLLARS ($750.00)
OR MORE AND ECONOMIC LIFE EXCEEDING ONE YEAR. THE
INFORMATION DEVELOPED TO INCLUDE (A) REAL PROPERTY BASED
UPON DEED RECORDS, SCHEDULING COST (WHERE AVAILABLE)
AND INSURANCE VALUES AS ASSIGNED BY INDIVIDUAL PARCEL AND
BUILDING, AND (B) A COMPREHENSIVE LIST OF TANGIBLE
MOVEABLE PROPERTY WITH COST (WHERE AVAILABLE) AND
ASSIGNED VALUES AS PREPARED BY EACH CITY OF OKEECHOBEE
DEPARTMENT. SUCH LIST TO BE COMPARED TO THE EXISTING
ASSET RECORDS.
Section 1. The City Administrator and Staff of the City of Okeechobee are
hereby authorized to prepare a comprehensive schedule of real and
personal property of the City of Okeechobee to include first, historical
cost where available, then insurance value where available, then
estimated value in absence of historical or insurance values, to result
in a complete record of all assets in the Fixed Asset Group for
financial reporting purposes. Such schedule need not include any
movable asset with an original value under seven hundred fifty dollars
($750.00); but shall include any easements granted to the City of
Okeechobee.
INTRODUCED and Adopted this 19 day of Sgptem 2000.
James E. Kirk, Mayor