RES 26-03City of Elk River
City Council
Resolution 26-03
A Resolution of the City Council of the City of Elk River Authorizing a
General Transfer from the Multipurpose Facility and Wastewater Funds to
the Fleet Replacement Fund
WHEREAS, the City of Elk River maintains a Fleet Acquisition and Replacement
Policy to manage all capital equipment assets; and
WHEREAS, the Wastewater Division has proposed to replace an existing
equipment trailer with a retired police interceptor vehicle for the sanitary sewer line
camera deployment platform; and
WHEREAS, the difference in replacement cost between the aging trailer asset and
the retired police interceptor vehicle is $4,100; and
WHEREAS, the Furniture and Things Community Event Center (FT Center)
management wishes to expand their food catering operation and requested a
retired vehicle for this purpose as a trial in 2025; and
WHEREAS, the FT Center staff requests the addition of a vehicle for ongoing
catering operations use until further notice; and
WHEREAS, it has been determined that $4,100 shall be transferred from the
Wastewater Fund and $7,700 shall be transferred from the Multipurpose Facility
Fund to the Fleet Replacement Fund to account for the cost to add such vehicles;
and
WHEREAS, the vehicles will be added to the fleet inventory designated as
"repurposed asset" indicating that future replacement will be by way of similarly
repurposed assets; and
WHEREAS, repurposed assets are not amortized for annual budget chargebacks
to the Fleet Replacement Fund.
p I I E A E I I r
NATURE
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk
River, Minnesota, as follows: The transfer of $7,700 from the Multipurpose Facility
Fund and $4,100 from the Wastewater Fund to the Fleet Replacement Fund
Passed and adopted this 5th day of January 2026.
tom',
J n J. Doi qza)or
ATTEST:
Jolene Richter, Deputy Clerk
p1/EIEI I
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