Reso. No. _____
RESOLUTION NO. ______
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RICHMOND,
CALIFORNIA, AUTHORIZING THE WRITE-OFF OF DELINQUENT AND/OR
UNCOLLECTABLE ACCOUNTS IN THE CITY OF RICHMOND, COUNTY OF
CONTRA COSTA, STATE OF CALIFORNIA
WHEREAS, pursuant to Administrative Manual -Policy Statement AP 251, Write -Off Delinquent Accounts, the Finance Department regularly reviews all accounts receivable items to determine delinquency and collectability, and to comply with federal regulations and Generally Accepted Accounting Principles (GAAP), the Finance Department writes off unpaid accounts receivables deemed uncollectible, and
WHEREAS, the Finance Department determines the accounts to be both delinquent and uncollectable, the accounts are written-off to assure that accounts receivable are not misstated, and to ensure these aged receivables do not continue to be recorded as assets, and
WHEREAS, said delinquent accounts are enumerated in Attachments 1 and 2.
NOW, THEREFORE, BE IT RESOLVED that pursuant to Policy Statement AP 251, Write-Off Delinquent Accounts of the Administrative Manual of the City of Richmond, the City Council of the City of Richmond does hereby write -off the delinquent and uncollectable accounts receivable items, in the amounts as identified for each specific invoice listed in Attachments 1 and 2, attached hereto and incorporated herein by this reference.
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I certify that the foregoing resolution was passed and adopted by the City Council of the City of Richmond at a regular meeting thereof held on Mmmm dd, yyyy, by the following vote:
AYES: AYES:
NOES:
ABSTENTIONS:
ABSENT:
CLERK OF THE CITY OF RICHMOND
(SEAL)
Approved:
Mayor
Approved as to form:
City Attorney
State of California }
County of Contra Costa : ss.
City of Richmond }
Reso. No. _____
I certify that the foregoing is a true copy of Resolution No. _____, finally passed and adopted by the City Council of the City of Richmond at a regular meeting held on Mmmm dd, yyyy.
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Pamela Christian, Clerk of the City of Richmond