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CITY OF LAKE ELMO <br />WASHINGTON COUNTY, MINNESOTA <br />RESOLUTION NO. 2003-079 <br />RESOLUTION APPROVING ADOPTION OF THE FIXED ASSET <br />MANAGEMENT PROGRAM <br />WHEREAS the City, as part of the GASB 34 Accounting Standard., hereby adopts a policy <br />regarding a standard system for the procurement, management and disposal. of fixed assets. <br />WHEREAS the city has developed a Fixed Asset Management Program to satisfy GASB 34 <br />asset control requirements. <br />BE IT RESOLVED THAT the City will implement the Fixed Management Program. <br />ADOPTED, by the Lake Elmo City Council on the 7th day of October, 2003. <br />Lee Hunt <br />Mayor <br />ATTEST; <br />Charles E. D.illerad <br />Acting City Administrator <br />