HomeMy WebLinkAboutResolutions - 2010.03.25 - 10178MISCELLANEOUS RESOLUTION #10048 March 25, 2010
BY: Finance Committee. Thomas Middleton, Chairperson
IN RE: TREASURER'S OFFICE - AMENDMENT TO MM 09031 AUTHORIZATION TO
BORROW AGAINST DELINQUENT 2008 AND 2009 TAXES
To the Oakland County Board of Commissioners
Chairperson, Ladies and Gentlemen:
WHEREAS Miscellaneous Resolution #09031 was unanimously approved by this Board on
March 5, 2009; and
WHEREAS in Miscellaneous Resolution # 09031 in Section IX Miscellaneous Provisions,
paragraph 902 Bond Counsel. Axe & Ecklund, P.C. are named Bond Counsel; and
WHEREAS the Treasurer selects Bond Counsel; and.
WHEREAS it is in the best interest of Oakland County to have two law firms act as co-bond
counsel for the borrowing against delinquent 2009 taxes.
NOW THEREFORE BE IT RESOLVED that Miscellaneous Resolution # 09031, Section IX
Miscellaneous Provisions, paragraph 902 Bono Counsel be amended to read as folicwsL The
2009 Notes and the 2010 Notes (and any renewal. refunding or advance refunding Notes) shall
be de,ivered with me unqualified opinion of Axe & Ecklund, P.C., attorneys of Grosse Pointe
Farms, Michigan and Dickinson Wright, PLLC, attorneys of Bloomfield hills, Michigan as co-bond
counsel chosen by the Treasurer, which selection may, at the option of the Treasurer, be for one
or more years.-
Chairperson. on behalf of the Finance Committee, I move the adoption of the foregoing
resolution.
FINANCE COMMITTEE
FINANCE COMMITTEE
Motion carried unanimously on a roll call vote with Woodward and Long absent.
Resolution #10048 March 25. 2010
Moved by Schwartz supported by Potter the resolutions (with fiscal notes attached) on the amended
Consent Agei ida be adopted (with accompanying reports being accepted.)
AYES: Burns. Capello, Coleman, Coulter, Douglas, Gershenson, Gingell, Gosselin, Greimel,
Hatchett, Jackson, Jacobsen, Long, McGillivray, Middleton, Nash, Potter, Potts, Runestad,
Schwartz, Scott, Taub, Zack, Bullard, (24)
NAYS: None. (0)
A sufficient majority having voted in favor, the resolutions (with fiscal notes attached) on the amended
Consent Agenda were adopted (with accompanying reports being accepted.)
I HEREBY APPROVE THE FOREGOING RESOLUTION
ACTING PURSUANT TO 1973 PA 139
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I. Ruth Johnson, Clerk of the County of Oakland, do hereby certify that the foregoing resolution is a true
and accurate copy of a resolution adopted by the Oakland County Board of Commissioners on March 25,
2010, with the original record thereof now remaining in my office.
In Testimony Whereof, I have hereunto set my hand and affixed the seal of the County of Oakland at
Pontiac, Michigan this 25th day of March, 2010.
Gat
Ruth Johnson, County Clerk