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The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community <br />engagement that encourages and inspires prosperity <br /> <br />Request for Action <br /> <br />To <br />City Council <br />Item Number <br />4.8 <br /> <br />Meeting Date <br />January 5, 2026 <br />Prepared By <br />Mitchell Litfin, Street and Park Superintendent <br /> <br />Item Description <br />Resolution 26-03 General transfer from the <br />Multipurpose Facility and Wastewater Funds to the <br />Fleet Replacement Fund <br />Reviewed by <br />Cal Portner <br />Jolene Richter <br /> <br />Action Requested <br />Transfer, by resolution 26-03, funds from Multipurpose Facility and Wastewater Funds to the Fleet <br />Replacement Fund for payment of repurposed assets. <br /> <br /> <br />Background/Discussion <br />In 2025, two city-owned vehicles were repurposed in the fleet to serve the needs of different divisions. <br />Instead of disposing of these assets, they were transferred to Wastewater as a replacement vehicle to house <br />our mainline pipe camera system and to the FT Center to serve as a catering vehicle. <br /> <br />This action formally attributes the costs associated with the assets to the correct funds. Both vehicles have <br />been entered into our inventory as "repurposed" assets. They will remain as such in the system, so that any <br />future upgrade is only with repurposed assets (not new in-kind replacements). <br /> <br />Financial Impact <br />The action prescribes the transfer of $7,700 from the Multipurpose Facility Fund and $4,100 from the <br />Wastewater Fund to the Fleet Replacement Fund to cover the cost of acquired assets. <br /> <br />Mission/Policy/Goal <br />Responsible for every dollar — good stewards <br /> <br />Attachments <br />1. RES 26-03 <br /> <br /> <br />Page 58 of 99