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Res 176-91 11/5/1991CITY COUNCIL BILL # RESOLUTION NO. RESOLUTION AUTHORIZING TRANSFER OF OLD UNCOLLECTIBLE ACCOUNTS RECEIVABLE TOTALING $180,885.09 FROM AN ACTIVE TO DORMANT STATUS WHEREAS, the Director of Finance has recommended that old accounts receivable which were due before September 30, 1991 , 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 180,885.09 TO WIT: BALANCE OLDER THAN ACCOUNT TITLE ACCOUNT NUMBER SEPTEMBER 30, 1991 A/R - Water/Sewer 81-000-1210 49,360.57 Bad Checks 11-000-1456 797.30 Participation Paving 12-000-1310 130,727.22 TOTAL 180,885.09 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 5TH DA NOVEMBER, M A Y O R ATTEST: J&J4/72,g2,k di-2724C6 City Clerk