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Councilmemb¢~ <br /> <br />introduced the following resolution and moved for its adoption: <br /> RESOLUTION g92-07- <br /> <br />RESOLUTIDNi AUTHORIZING TRANSFER OUT OF 1992 AUCTION <br />PROCEED$~TOi THE CITY'S EQUIPMENT REPLACEMENT FUND <br /> WHEREOfS, on June 5, 1992 the City received payment for net proceeds in the amount <br />of Two ~h0U~andi Six Hundred Seventy-Eight and 35/100 Dollars ($2,678.35) from Harvey <br />Hazeman s Au~tio~ Service; and <br /> <br /> WHEgEA~, the following City of Ramsey property was sold: <br /> <br />Brash Chipper <br />1984 Ford Crown Victoria <br /> <br />Outboard Motors <br />Bikes <br />Tents <br />Trolling MotorI <br />Chain Saw <br />Boom BoX <br />B & D Saw <br />Helmet <br />Lawn Mower <br />Miscellaneous <br /> <br />Purchased Price Qty. Asset # Proceeds <br /> <br /> 1984 4,445 1 507 1,600.00 <br /> 1984 10,251 1 V#704 775.00 <br />I Total City Equipment/Vehicle I 2,375.00 <br /> <br /> N/A N/A 2 N/A 200.00 <br /> N/A N/A 13 N/A 133.00 <br /> N/A N/A 3 N/A 104.00 <br /> N/A N/A 1 N/A 55.00 <br /> N/A N/A 1 N/A 55.00 <br /> N/A N/A 1 N/A 35.00 <br /> N/A N/A 1 N/A 22.50 <br /> N/A N/A 1 N/A 21.00 <br /> N/A N/A 1 N/A 20.00 <br /> N/A N/A 13 N/A 56.00 <br />Total from Police Department ] 701.501 <br /> <br />I Auction Total I 3,076.501 <br /> <br />10% Charge for Auctioneer & Clerk <br />Advertising <br />Set Up of Auction Explorers <br /> <br />3O7.65 <br /> 80.50 <br /> 10.00 <br /> <br />(398.15) <br /> <br />lProceeds to the City of <br />Ramsey <br /> <br />2,678.351 <br /> <br /> WHEREAS, at the Budget Committee meeting of June 23, 1992, Staff recommended the <br />auction proeoeils 1~ transferred out from the City's General Fund to the Equipment Replacement <br />Fund; and <br /> <br /> WHEREA~;, the Budget Committee is in agreement with this recommendation and <br />recommends th~ Ramsey City Council authorize this transfer of funds. <br /> <br /> <br />