HomeMy WebLinkAboutRes 03-44 Establishing a Threshold of $5,000.00 per Item for the Capitalization of AssetsTOWN OF WESTLAKE
RESOLUTION NO. 03-44
A RESOLUTION OF THE BOARD OF ALDERMEN OF THE TOWN OF
WESTLAKE, TEXAS, EESTABLISHING A THRESHOLD OF $5,000.00 PER
ITEM FOR THE CAPITALIZATION OF ASSETS.
BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE TOWN OF
WESTLAKE, TEXAS:
SECTION 1: That the Board of Aldermen of the Town of Westlake does hereby
establish a threshold of $5,000.40 per item for the capitalization of assets.
SECTION 2: That this Resolution shall become effective upon the date of its
passage.
PASSED AND APPROVED ON THIS 28TH DAY OF JULY 2003.
ATTEST: Scott Bradley, Mayor
dindr rosswy, To 5 cretary Trent O. Petty, Town Manager
APPROVED AS TO FORM:
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