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8 <br /> 7 )/ <br /> RESOLUTION II, 2003 <br /> WHEREAS, the Town Council for the Civil Town of Mooresville <br /> IIIis the legislative body for determining the accounting practices <br /> and standards for capitalization; <br /> WHEREAS, it is necessary to set a level for purchases that <br /> will be capitalized for accounting purposes; <br /> BE IT HEREBY RESOLVED by the Town Council that any purchase <br /> in excess of Two Thousand Dollars ($2, 000 . 00) will be <br /> capitalized for accounting purposes effective for the year 2003 . <br /> This Resolution passed this 13th day of May, 2003 . <br /> MOORESVILLE TOWN COUNCIL <br /> (L <br /> Troy Brya t <br /> John (y44........- <br /> lark <br /> i / 21-6----- <br /> Toby Dolen <br /> Mi / 7 <br /> Mark Mathis <br /> III <br />