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HomeMy WebLinkAboutRESOLUTIONS - 06241975 - 75-487 }, y .. x4 IN THE BOARD OF SUPERVISORS O F =� CONTRA COSTA COUNTY , STATE OF CALIFORNIA In the Matter of Policy ) Defining Plant and ) Property Assets for ) RESOLUTION NO . 75/487 Accounting Purposes . ) WHEREAS this Board of Supervisors on June 29 , 1971 adopted Resolution No . 71 /426 defining for accounting purposes items considered as assets ; and WHEREAS in said resolution it is specified that equipment with an expected life of three years or more and costing $100 or more be capitalized ; and WHEREAS in 'said resolution it is also specified that improvements costing $100 or more made to capitalized equipment are to be capitalized ; and WHEREAS since the adoption of said resolution and approval of aforesaid definitions for capitaliz-ing .:costs , circumstances and prices have changed significantly ; and WHEREAS the County Auditor-Controller has recommended that the amount of $100 hereinabove set forth should be raised to $200 , effective July 1 , 1975 ; NOW , THEREFORE, BE IT BY THIS BOARD OF SUPERVISORS RESOLVED that the recommendation of the County Auditor-Controller is APPROVED. PASSED and ADOPTED this 24th day of June , 1975 by the following vote of the Board : AYES : , Supervisors J . P . Kenny , A. M. Dias , W . N . Boggess . NOES : None . ABSENT : Supervisors. J . E . Moriarty , E . A. Linscheid . CERTIFIED COPY I certify that this is a full, true is correct copy of the orb incl docur ent which is on f1h, in my office. -"d tii:c it .. :.cl,'w...! by the Board n! Uuperv:'sors of C on,ro. -'o,:ta cc : Count Auditor-Controller the date T. ". �;LS',0N, County County Clerk .0 c::-o Pig:o Ue,L• of said hoard of Supervisors County Administrator by Deputy Cler UII .JUN 2 4 1975 RESOLUTION NO . 75/487