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Res 162-93 10/19/1993RESOLUTION NO . 1l9, -93 RES01._UTION AUTHORIZING TRANSFER OF 01...D UNCOLL_ECTIRL_E ACCOUNTS RECEIVABLE TOTALING 74 ,337 .72 FROM AN ACTIVE TO DORMANT STATUS Whereas , the Director of Finance has recommended that. old accounts receivable which were due before September 30 , 1993 , be deemed uncollectible , and that they be removed from the .Ledger and be tr.asferred to dormant status . NOW , THEREFORE , BE IT RESOLVED RY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS , TEXAS , THAT : Director of Finance is hereby authorized to remove from the general ledger there hereinafter set out charges made by the City , which are now deemed unco.11ectible , totaling 74 ,337 .72 TO WIT Account Title Balance older than September 30 , 1993 Municipal. Court 670 .00 A/R - Water/Sewer 21 ,944 .03 Sanitation 15 ,593 .51 Bad Checks 650 .00 Paving - Deceased Owners 1 ,259 .74 Paving - Transferred Owners 24 ,598 .99 Bankruptcy Owners 4 ,902 .00 Personnel 's Uncollected Invoices 4 ,719 .45 TOTAL_. 74 ,327 .72 Although such accounts receivable are placed on dormant status , reasonable efforts will be n _de to collect these accounts receivable , wither by t City Attn . by the City 's collection agency . PASSED AND APPROVED THIS 9th Or ' F O' 1 B ' 993 . 4110.. MAYO' ATTEST : njA OVCI CITY CLERK PAGE 2 OF 2 AGENDA ITEM #