Res 123-2002 12/3/2002RESOLUTION NO.
RESOLUTION APPROVING THE TRANSFER OF VARIOUS AGED
RECEIVABLE ACCOUNTS TO DORMANT STATUS AS PART OF THE
CITY'S FISCAL YEAR END CLOSING PROCESS; DETERMINING THAT
THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS
OPEN TO THE PUBLIC AS REQUIRED BY LAW.
WHEREAS, each year the City Council removes from the general ledger various
aged receivable accounts and transfers them to dormant status for collection by the
Legal Department or the City's collection agency.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
SECTION 1. The Director of Finance is hereby authorized to remove from the
general ledger the charges hereinafter set out, which are now deemed uncollectible
and /or obsolete:
Miscellaneous Accounts Receivable $ 2,265.50
Water /Sewer /Refuse /Storm Water Charges $136,860.45
TOTAL WRITE -OFF
$139,125.95
SECTION 2. It is hereby officially found and determined that the meeting at
which this resolution was passed was open to the public as required by law
PASSED AND APPROVED this the 3`d day of December, 2002.
ATTEST:
ity Clerk