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AGENDA ITEM #9.3. <br /> REPORT TO <br /> CITY COUNCIL <br /> Date: February 7, 2006 <br /> Subject: Capital Assets Policy <br /> Report: Attached is a capital assets policy. The policy is a <br /> requirement of the City's auditor. This policy deals mainly <br /> with the disposal of capital assets and keeping current with <br /> `-- the GASB34 requirements. <br /> Council Action Requested: Council motion approving the <br /> attached capital assets policy. <br />