HomeMy WebLinkAboutReso 015-97 Writeoff UncollectRESOLUTION NO. 15 - 97
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
APPROVING THE WRITE-OFF OF UNCOLLECTIBLE ACCOUNTS RECEIVABLE
FOR THE FISCAL YEAR ENDED JUNE 30, 1996
WHEREAs, the City of Dublin has certain delinquent receivable accounts where collection efforts
have been exhausted; and
WHEREAS, accounts may become uncollectible due to circumstances such as, but not limited to;
the statute of limitations for a legal proceeding has been exceeded; bankruptcy has been filed; the
City is unsuccessful in locating the debtor; the cost of collection exceeds the amount owed, etc.;
and
WHEREAS, it would appear appropriate for these receivable accounts to be written of~ and
WHEREAS, the above-described action within the City accounting records does not constitute a
release of any debtor for liability for payment of any amount; and
NOW, THEREFORE, BE IT RESOLVED that the City Manager is hereby authorized to writeoff
uncollectible receivable accounts, as described in a Staff'Report presented March 4, 1997 and to
record this amount as a bad debts expense.
PASSED, APPROVED AND ADOPTED this 4th day of March, 1997.
AYES:
Councilmembers Barnes, Burton, Howard, Lockhart and Mayor Houston
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST: ~f~/d
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G:~.GENDAhXLESOSkARWRIT02.DOC
Ii/G/3-4-97/resowoff. doc