Res 169-92 11/3/1992r
RESOLUTION NO.
RESOLUTION AUTHORIZING TRANSFER OF OLD
UNCOLLECTIBLE ACCOUNTS RECEIVABLE TOTALING
151 ,880.07 FROM AN ACTIVE TO DORMANT STATUS
WHEREAS, the Director of Finance has recommended that old
accounts receivable which were due before September 30, 1992, be
deemed uncollectible, and that they be removed from the ledger
and be transferred to dormant status.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WICHITA FALLS, TEXAS, THAT:
Director of Finance is hereby authorized to remove from the
general ledger the hereinafter set out charges made by the City,
which are now deemed uncollectible, totaling $ 151 ,880.07
TO WIT:
BALANCE OLDER THAN
ACCOUNT TITLE______ _^ SEPTEMBER 30, 1992
Municipal Court 529.00
A/R - Water/Sewer 21 ,308.80
Sanitation 16,447.02
Bad Checks 455.80
Paving - Deceased Owners 42,797.49
Paving - Transferred Owners 70341,.96
TOTAL 151980.07
Although such accounts receivable are placed on dormant
status, reasonable efforts will be made to collect these accounts
receivable, either by the City Attorney or by the City ' s
collection agency.
PASSED AND APPROVED THIS THE 3RD DA OF ., BER 2.
A Y 0
AT ST:
City Clerk