HomeMy WebLinkAboutResolutions - 2010.10.06 - 10295MISCELLANEOUS RESOLUTION 110241 September 23. 2010
BY: PLANNING AND BUILDING COMMITTEE. JOHN SCOTT, CHAIRPERSON
IN RE: WATER RESOURCES COMMISSIONER - REQUEST FOR ADDITIONAL $33,000
LOAN FROM THE LONG TERM REVOLVING FUND FOR CONSTRUCTION OF THE BUSH
LAKE LEVEL CONTROL STRUCTURE AND APPROVAL OF THE ASSESSMENT ROLL
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Chairperson, Ladies and Gentlemen .
WHEREAS, Bush Lake is an inland lake ocated in the Charter Township of Holly and the
Village of Holly. County of Oakland. State of Michigan; and
WHEREAS. pursuant to Miscellaneous Resolution no. 04159 the Board of
Commissioners authorized and appointed the Water Resources Commissioner to initiate legal
action in the Circuit Court to establish a normal level for Bush Lake; and
WHEREAS, on July 14, 2006, the Circuit Court established the normal lake level for Bush
Lake pursuant to the provisions of Part 307, Inland Lake Levels, of the Natural Resources and
Environmental Protection Act (NREPA), MCLA 324.30701 et seq. ("Part 307"); and
WHEREAS. said court order confirmed the boundaries of the special assessment district
for Bush Lake; and
WHEREAS. the Office of the Water Resources Commissioner, as the delegated
authority, inspected the lake level control structure utilized to maintain the normal level for Bush
Lake and has determined That the public health, safety and welfare of the property owners and
residents of Holly Township and the Village of Holly require the replacement of the structure; and
WHEREAS, the deiegated authority obtained bids and prepared a budget that includes
costs for the administration, legal proceedings and replacement of the dam in the amount of
$300,000 attached hereto as Exhibit A; and
WHEREAS, pursuant to Part 307, Section 30711 provides that the County Board of
Commissioners may determine that the whole or part of the cost of a project shall be defrayed by
special assessments against the following lands that are benefited by tne project: privately owned
parcels of land, political suodivsions of the state and state owned Ian% under the jurisdiction and
control of the Michigan Department of Environmental Quality; and
WHEREAS. pursuant to Part 307. Section 30715, the County Board of Commissioners
may also provide that the special assessments on properties benefited may be made in
installments, and
WHEREAS, Miscellaneous Resolution no. 02019. adopted February 21, 2002,
established a Long Term Revolving Fund to assist in the financing of water and sewer projects
that do not require the issuance of bonds, and
WHEREAS. Miscellaneous Resolution no. 02019 authorized loans up to $150,000 and an
exception is being requested to authorize a loan to the Bush Lake Special Assessment District in
an amount not to exceed $300.000.
WHEREAS, pursuant to Miscellaneous Resolution no. 10080 approved on May 5, 2010
the County Board of Commissioners authorized a loan not to exceed $267.000 that was based on
the estimated cost for the project.
WHEREAS. the bids for the project came in higher than anticipated and therefore, an
aoditional $33,000 is necessary to move forward and complete the project.
WHEREAS, following public notice a public hearing was held on May 19, 2010 with
respect to the project cost and special assessment roll in accordance with part 307.
PLANNING & BUILDING COMMITTEE VOTE:
Motion carried unanimously on a roil call vote with Gosselin absent.
NOW. THEREFORE. BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
THE COUNTY OF OAKLAND. MiCHIGAN, as follows:
1. The County Board of Commissioners hereby authorizes an additional 533,000 to the loan
previously approved pursuant to Miscellaneous Resolution No, 10080. Said loan shall not
NQPANZBULLIDAC,COMMITTEE
Resolution #10241 September 23, 2010
exceed S300.000 from tne County's Long Term Revolving Fund to the Bush Lake Special
Assessment District with an annual interest rate to be determined in accordance with
County pacy at the time the funds are disbursed for the costs associated with the
administration, legal proceedings and construction of the Bush Lake level control
structure ("Bush Lake Level Darn Project").
2. All costs of the Bush Lake Level Darn Project shall be defrayed by special assessments
against the following lanes That are benefited by the project: privately owned parcels of
land, political subdivisions of the state and state owned lands under the jurisdiction and
control of the Michigan Department of Environmental Quality.
3, The delegated authority is authorized to apply the special assessment on benefited Lands
in ten (10) annual installments.
4. The attached special assessment roll is hereby approved in accordance with Part 307 of
the Michigan Natural Resources and Environmental Protection Act (MCL 324.30701 et
seq.).
Chairperson, on behalf of the Panning and Building Committee. I move the adoption of
the foregoing resolution,
The Chairperson referred the resolution to the Finance Committee. There were no objections.
Bush Lake Dam
Estimate of Cost
CONTRACTED SERVICES
CONSTRUCTION:
Construction Cost
PROJECT DEVELOPMENT:
S159,121.50
Consulting Engineer (bid + w.o.) $30,606.54
Soil Borings / Material Testing (boring bid) $3,200.00
Environmental $0.00
subtotal- Contracted Services: $192,928.04
LEGAL & FINANCIAL
Bond Counsel (including expenses) $0.00
Financial Consultant (including expenses) $0.00
Bond Printing Expense $0.00
Official Statement Expense $0.00
Bond Rating Expense $0.00
Publishing Legal Notices for bonds $0.00
Bond Discount (1.5%) $0.00
MAC and MFD Fees $0.00
Legal Services 640,000.00
subtotal- Legal & Financial: $40,000.00
COLJNL_.1"Y agjayjara-2 .1 CT MAT4 11,13O_IENT
Engineering $21,000.00
Administration $2,321.60
Mailings / Postage/Publications $200.00
Right-of-Way $3,000.00
Temp. / Perm. Easements $0.00
Construction Insoection $10,000.00
Surveying $6.364.00
Soil Erosion Permit NA
MDEQ Permit $550.00
subtotal- Project Management: $43,435.60
Project subtotal: S276,363.64
Contingency (10% of Project Cost, minus Legal Services): $23,636.36
TOTAL ESTIMATED PROJECT COST: $300,000.00
updated August 31, 2010
613172010
1.1,51iit1 Name:
5.P.,P IP'
BLISI-1 LAKE LEVEL
L005;
$360,1100.60
PIN AGENCY UNIT 'A AMOUNT SITE ADDRESS NAME NAME2 MAR_ ADURESS AMAIL CIT'f STATE 205 21P4 --
012720530S HOLLY TM I 1_155050 $3,4613.21 , 11 GRANGE HALL RD DONALD WICK. 4418 GRANGE HALL RD HOLLY MI 48442 11 -1C3
6-112720;002 HOLLY 1 1719 - - - -M58069 $3 465.2i t - 10 GRANGE HALL 48442 HIE
. - " -
4413 GR-SGE illALL D HajT -CT_ ai.”:a3 utiv MP 1.155089 33468.21 02 GRANnE HALLRD DLEaOMALA
_
4402 GRKNGE Piii L RD 17411.0r-- - - Mi 40442 1110
012720565 HOLLY TINE -I 1.158069 $3A6821 ;1•94 GRANGE HALL RD CASS J CORNELL .1A1.11 L CDRNELL 44 R,11.1.1GE HALL RD 1-101Ey mi 48442 1118
5122."--fils i-lou.r. -imp 1 - 1 156069 33,468.21 :Ic36 GRANGE HAIL RD MAX TROW3RIuGE JN DEBRA TROWBRIDGE .72-55 PONTIAC TRL WEST BLoDiv,FIELD F.11 43323 _
.31 ?1205008 _ _HOLLY -1- wp 1.1560601 $3 460 21 76 GRANGE HALL 190 7:31ARLES BURGESS KJM BURGESS I 3485 W LANEUEN DF HOLLY F.41 48442 -6-iol _ . _ _
I 01Z7205007 HOLLY TWP 1 1.1580139 1346821 1,4 8 GRANGE HALL RD 1ARK MARX COLLENE MARX 4358 GRANGE HALL RV HOLLY MI 48442 1115 ...
(I L27205998 ,INOLLy TWP 1 1_158055 33 46821 .1 LANNING ALLEN C LAIVNINO _ 4393 QUICK RD HOLLY _ MI 48442 1181
0127251006 VILLAGE OT Wilt 0.5 05780346 11,73410 1 LANNING_ C ALLEN . 4383 OuICK RC HOLLY MI 48447 1181
_ . _
1
0127251001 vILLAGE CP FICLLY 1 1.156069 33465.21 245 BUSH LAKE OR _ OSERT L MONTGOMERY r t IOMAS C MONTGOMERY 2113N iST ST HOLLY MI 48442 1202
.01272510w viLLApE DE HOLLY 1 1.155089 33,460.21 12 GRANDE HALL RD • OUGLA.5 BEALS _ 432II GRANGF HALL RD „ tIOLLY MI 484-42 111
0127251011 VILI AGF OF F1C4 I Y 1.156069 13.46821 08 GRANGE HALL HD "ERRY C MIJRPHY 4308 GRANGE HALL RV HOLLY Ml 46442 !LL
I I
_
3127251012 vIll AGE OF HOLLY 3 1 158066 3348821 0 GRANGE HALL RO GERRY MURPHY' I 4306 GRANGE HALL RD HOLLY MI 48442 1115
1
0127251013 VILLAGE OF HOLLY 1 1.158069 $3,488.21 28 GRANGE HALL RD MICHAEL KELLY , 473 GRANGE HALL RD HOLLY mi 40447 4116
9127251014 VILLAGE OF HOLLY 1 1 1560 • , 33 465.21 320 GRANGE HAL L RO DOUGLAS S BEALs 4320 GRANGE HALL RD HOLLY MI 48442 1118
0177752002 HOLLY EWE 1 1.15808! 53,448.211 .5152 IRMFRA SHOREs OR RANDALL R SCRAGE RHORLA I sGRACE 15152 RiviERA SHORES DIP NOLL Y MI 413442 1128
0127252003 HOLLY IWP 1 1.1560 13,41352111 RANDALL R SGRACE R1-10R1 A I SCRACE 1102 RIVIERA SHORES LDR HOLLY 48442 126
'121252008 HOLLY 'I wit, 9.5 0.578054 31.734.10 THOMAS PURVES JANET PURVES 10012 Dixie H1NY CILAIRKSI-ON 48348 2412
,E1-f272523107 HOLLY TWP I i_ mL:a : , S5488.21 i 5210 RIVIERA &ORES DR GYSBERTUSNCKX 1 521.3 RivlEFTA SHORES OR HOLLY 48442 130
01272520-De HOLLY 71,,vp 1_ 1.155059 51458.21 5216 RIVIERA SF [ORES DR 'DIANE TEENIER 15215 RivIERA SHDRES DR HDLty _ 48442 130
0127252009 'HOC LY !YIP 1 1 15 • 11, 33.486.21 5224 RIVIERA SHORES DR R & J FAMILY LMTL3 PAR TNERSHI 15224 R1VIERA SNORES DR POLLY 3442 130
I il 127252010 HOLLY Twp I 1.18W85 33,46-821 15232 RIVIERA SHORES DR °R&D-EH -1E0-1ST DAV1EI C. 15232 RIVIERA Si-toREs OR -IOLLY 130
n127252011 VJOILYTWP 1 1.150059 $3,458.21 5238 RIVIERA SHORES DR LpH MCGEE SHERI MCGEE 14485 N HOLLY RD -fOLLY 04
9177252012 POLLY Twp I , 1.15606 $3,466.21 16246 RIVERA SHORES DR FtY FLEW DEBRA CONQUEST 02413 RIVIERA SIVRES OR OLLY 1130
0127252013 1OLLY TWP 1.1580610. 33,46621 15254 RIVIERA SHORES DR 'ARE DUF RE 15254 RIVIERA SHORES DR -IOLLY 1130V. _....
Twp , 1_156083 18.488..21 15282 RivIERA 511056E5 DR IE STOKES 15282 RIVIERA SHORES DR HOLLY 11311 0127252014 HOLLY _
10327252015 HOLLY EWE 1.15E069 33 468 21 -15178 RIVIERA SHOF.k._ES DR DANIEL SELCH 15115 RIVIERA SHORES UR HOLLY 1128 --.-
21273.8900 i VILLAGE OF HOLLY 1.168089 33,468.21 905 HOLLY BUSFI DR HOCKEY F VANDERPOOL KAREN E VANEL:RFOOL 096 HOLLY BUSH DR HOLLY 1323VV
_ 484421 1323 0 L27380002 VILLAGE CIF HOLLY I 1 165059 13 458 21 CHAR 1 Fs A GROSSMAN 984 HOLLY BUSH DR HOLLY
0127.38vorg.... VILI.4._9.5 OF HOLLY 1 1 1E6049 _$3 ..43.2 I will_ rOLLY riu sj j _ .' OR Ct tARL&S A GRCSSAIAN 954 HOLLY enit;H DR HOLLY Mr 48442 1323
01272711)004 VILLAGE OF HOLLY 1 1.156069 33A68.21 074 HOLLY 1311.31-1 DR _ GARY 1.1 OKONSKI 074 HOLLY BUSH DR HOLLY_ MI 48442 1323
0127380005 VILLA(if: 01 HOLLY 1 1.156080 $3,4138.21 .1:146 HOLLY BUSH DR VICTOR AKUTO GAYLE AUTO 941 HOLLY BUSH DR HOLLY MI 1 48-442 1.323 -- - -
0127336008 VILLAGE OF Hnt 1'' 1 1_156850 33,46321 638 HOLLY eusH OH, KENNETH ) ELL11.-ON ___ 83e HOLLY BU5T1 DR HOLLY Ml 4E442 1370
012-7360001 VILLAGE OF HOLLY 1 .156069, .33,466.21 e3c. HOU Y BUSH OR KENNETH ROCKWELL RAGEN ROCKwGLL 336 HOU Y BUSH 'DR HOLLY 4E-442 13711
9712910 Hush Lots mll xfs 1
8131120 ID
BUSH LAKE LEVEL
LI:1812,5
1300,000 00
PIN AGENCY UNII % AMOUNT SITE ADDRESS E RAME2 MAIL XDDREES MAIL CITY SIATE ZIPS 21P4
012738000R VILLAGE OF 1.1014_Y _1.155059 $3,468.21 _ DARREL LIGHT 82911LILLY BUSH DP, HOLLY 46442111371 _ _
01273130600 VILLAGE OF F1OLLY 1,156069 $3 48821 1937 HOMY BUSFI DR MARIANNA 81ELAwSKi 632 HOLLY BUSH DR FIOLLY 464421 1370 - - -
07273800M V1LLAGE OF HOLLY 1 1.156069 . 33 468.21 630 HOLLY BUSH DR KEiTH MAGNUSON 630 HOLLY BUSH DR HOLLY MI 48442 1370
012/380011 , VII 1 AGE OF HOU Y I 1186069 53 465.71 828 11CLLy BOSH DR KENNETH ATKINSON 826 FOLLY BUSH DR TIULLY MI 48442 1_310
01?73130913 vILLACE. OE HOLLY fl 56u6 $3 468.21 wee ROLL y BUSHIER BRUCE wARDEN LIE11ORM-1 WARDEN 826 HOLLY BUSH OR HOLLY MI 484-421310
11127380014 vILLA.GE OF HOLLY I _ 4.168063 33,488.21 824 HO/ L. Y BUSH DR MATT A BELILL 824 NOLL Y BUS1-1 DR HOLLY MI 48442 13 TLI
0127380015 VS I, AGE OF HOLLY 1.158369 53 468 21 820 HOLLY BUSH OR FPI-F./EY BROWN JOANN uROWN 541 CROSSTIMBRS OR L 01_11.sviLL E KY 40245 8411
C1273601; le VILLAGE OF HOLLY 1.1543069 3348321 15 HOLLY BUSF-L DR RICHARD C POWERS 815 HOLLY BUSH DR HOLLY 48442 132!
0127333017 VII ILAC;F OF 1-IOLLY 1.1560139 53 468.21 113 HOLLY BOSH CT RONAL() C. HAVRILAK 818 HOLLY BUS!? CT- HOLLY MI 48442 1328
0127354018 VILI AGE OF 1-10;.LY 1.156389 .53468.21- 12 HOLLY BUSH C r AMES R IGNATOINSI0 812 HOLLY 13USt I CT HOLLY MI 464421 1326
0127380015 viLLAGE OF HOLLY 1.136989 48521 10 HOLLY BLISH CT DOUGLAS GROOMS 810 HOLLY BUSH GI HOLLY MI 48442 1328
0.121380020 VILLAGE OF HOLLY III '1.1550% $3,488.21 81100,1' BUSH GT ROBERT K SCHULTZ 809 HOLLY BUsH CT HOLLY MI 413442 t1328
0127360021 vILLAGE OF HOLLY 1 1.1561369 488.2 HOLLY BUSH CT CHRISTOPHER TALLEY 806 HOLLY BUSH CT HOL 1 Y MI 413442 1328
0127380022 VILLAGE OF HOLLY 1.1560613 33 468 21 602 HOLLY BUSH DR DOUGLAS K DUCAT 802 HOLLY BUSH DR HOLLY MI 48442
0127380023 ViLLAGE OF HOLLY IIIIM NM 9430 HOLLY BUSH 144 MICHAEL JEWELL DEBRA JEWELL 300 HAA.Ly 61U5H DR HOLLY MI 48442 1221
0127383024_ VILLAGE OF HOLLY 1 158069 Mg 714 HOLLY BUSH DR DENNIS JENNINGS 714 I-1011 Y BUSH UR HOLLY MI 48442 1319
0427380025 vILLAC Ot HOLLY 1.150060 710 HOLLY BUSH DR HAROLD pETERSON BARBRA PETERSON 7 1014oLLY BUSH DR HOLLY MI 48442 1310
0121384025 VILLAGE 0E1401 Ic I 1.150059 5346521 702 HOLLY BUSH OR MiCHAF-I. KURAS PATRICIA KUHAS 102 HOLLY BUSH DR HOLLY MI 4644 1_31.9
012.7530u2Z VOTAGP Or I-IOLLy 1.256089 $3 466.21 7091-JOLLY BUSH DR I. HAUSA/WITH 700 HOLLY BUSH OR I HOLLY MI 48442 1319
012 i4LIID.75 VILLAGE OF ROI LY 1.155069 53,4862! 1315 OLD LEAKE CT KARI FR1KSEN LISA ERMSEN 1015 OLD LEAKE GT HOLE Y MI 48442 1338
0127401006 VII 1 AGE OF HOLLY 1.1580E9 488.21 1011 OLD LEAKS CT DOUGLAS BU rLcrl GRYS TAL SMITH I 011 OLD LEAKE CT LOLLY MI 48442 _1338
6127401007 VILLAGE or H01.11 1.180060 53 468,2 1014 OLD LEAKE CT STEVEN WILIJAMS 014 OLD LEAKE CT IOLLY Ml 4B442 1333
0127401038 %FILL AGF OE HOLly 1.158060 $3,48E211!31 OLD LEAKE Ci RYSTAL KA TTOLA 8131 OLD LEAKE CT 01. I.:Y 1%, 48442 1336
01274215002 HO LY TYYP I 158069 5546611 1RGINIA MCDONAl D 15280 RIMERA SICRES DRi OLLy Ml 1133
0127426U13 H01..LY 'MP 1 1.1580E9 $3 408.2 I 15280 RIVIERA .SHORES DR IRGIN1A MCDONALD I8280 RMERA SHORES -IpS,Z IOLLY 48442 1131
0127429AM HCLLY TWP 1 1.156089 S.3 4438 28 15290 RIVIERA SHORES DR WILLIAM E LEIGHTY 15290 RIVIERA SHORES DR HOLLY MI .48442 1136
012!475005_ HOLLY TYVP ._ 1.193055 $7,4513.21 15200 RIVIERA GHOFZES 018 TRACY O._ PRICE • 52E* RiviERA_VORES OR HOLLY MI 48442 1130
3127476008 HOLL Y TWE 1 1560139 53,488.21 it31:13 RIVIERA 3PICIRFS_DR JACK FELCH 1330e RIVJERA SDORES DR HOLLY _ MI 46442 113.2 _
0127426111J1 tIOLLY I'M. 1.156059 $3 468 71 15318 RIVIERA SFIORES DR MICHAEL BROPHY CARROLL BRopFi y 15318 RIVIERA SHORES DR HOLLY MI 48442 113e
31224213308 _ HOLL'i 1-VOP _ I 1 159069 52 469 21 18328 RIVIERA SHORES DR KLIRSM TRU S r NANCY .1 I11328 piV1FF-kA :SHORES DR HOLLY mi ,48442 1132
0127425000 HOLLY ._Tyvp I 1155065 $3 456 21 15335 RIVIERA SHORES UR LACEY FNNTON - 38RLVIFF4ASHORES OR HOLLY mi 1 0442 8132
[112742681) HOLLY 1 1.166069 33,468.21 15348 RIVJERA Sk ',ORES DR i HOMAS DOWGIERT PHYL LIS DOWGIERI 15.3413 RIVIERA SF 'ORES DR HOLLY MI I 48442d 1132
SAD 10
Amourd
S11.,2011) BUSh Lake m11.x18 2
8,110010
District Narre BUSH LAW LEVEL
SAD ID L0865
Amount. $300,000.00
_ _ T.Ii+--- AGENCI UNIT % A DUN! SITE ADDRESS NAME ILAME2 MAiL ADD14 .5,8 MAIL OILY STAIk 75 ZI144 -
.0127.425011 HO! L'y TWp 1 1 156069 ¶3.44821 15358 RIVIERA SHORE.S DR DEBRA .1 MCCAR F HY 15358 RIVIERA .SHORES DR HOLLY MI 484.42 1132
0127425012 }LOLLY TWP 1 1.1564369 $3,45521 15358 RIVIEPA SHORES UR WILLIAM :5CHUPBACK CINDY SCHU1.bACK 15368 RIVIERA SHORES DR IloLLy MI 48442 1132
0127426013 HOLLY TWP 1 1.156065 $3 488 21 153'76 RIVIERA SHORE.S DR JAMES Dill PEGGY DILL '15376 RIVIERA SHORES GR HOLLY MI _ 48447 9132
3127,426014 HOLLY TWP .1 "J56069 $3,466.21 15382 RIVIERA SHOR/rS LR DAVID COLLEY 1538.2 RIVIERA SHORES OR. 11OLLY M 48442 1132. _
0127425015 HOLLY 1W1-- I 1.156069 $3 463 21 '15390 PlvLERA SHORES DR BARBARA L HAINES 15358 RMERA Sk !ORES ER HOLLY MI 45442 1132
01.27426016 HCL L Y TWP I 1.1560E9 53 466 21 15430 RIVIERA SHORES DR KIP EVAN s 15400 RIVIERA SHORES DR HOIIIY roi 464421
0127426020 _ HOLLY IWP 0 0 $0.00 lake. butlom THOMAS PURVE S JANET PURVFS 10572 DIXIE HWY CI.ARKSTON MI 48348 2412
0121426021 HOL LY TWP 1 1.156058 $3468.21 15405 RIVIEEA SHORES DR KEL LETT ROBERT LIVING TRUS1 15406 RMERA SHORES DR 14011Y MI 46442 _1134
0127451002. _ VILLAGE OF HOLLY 1 1.156069 ¶3468.21 503 EAB ( RD DEBRA GoLDMAN LARRY GOL OMAN 503 EAST RD HOLLY MI 48.442 1446
01274784104 AOLLY TWP I 1.156069 ¶3,458.21 537 RIVIERA SHICRE5 DR MARK E MCHALPINE 537 RIVIERA SHORES DR HOLLY MI 4844Z LOY'
012740684)5 HOLLY TVVP i 1,166389 ¶3,46821 535 RIVIERA SHORES CR GERALD T GEER 535 RIVIERA SHORES DR HOLLY MI 48442 144Y
0427476000 HOL 1 Y TWP 1 1.155060 -168 21 531 RJAERA SHORES DR VW KING 3015 CLAWSON AVE ROYAL OAK 487)73
L0i274se0c7 HOLLY TWP I 1.158089 $3,488.21 5:23 RIVIERA SHORES DR CARL W KELMAR 523 RMERA SHORES DR HOLLY 48442' i441
0127476010 HOLLY PASP 1 1.156069 ¶345821 5-41 RIVIERA SHORES DR SAWRENC'E HOCAENDER,RY 544 RhaERA SHORES OR HOLLY 49442 1447
01274/6011 HOLLY TWP 1 1.158089 $316821 643 RIVIERA SHORES UN CYRIL YOUNG DANIEL YOUNG L43 RAAFRA SHORES DR HOLLY 413442 1447
0127475312 HOLLY DAP 1 1.1560168 S3 466.21 548 RIVIERA SHORES DR EDWARD MILLS BEVERLY PALLS 54P_RIVIER4 SHORES DEL HOLLY 48442 144.7
01274 .1 r0.22 HOLLY TVVP 4 1.15008 $3 458.2 I 521 RIVIERA sHoRES LIP DEN* A SIGLER SR 800 OTTER AVE ,WATERFORD 48328
012744'7023 HOLLY 7141P 1 1,155069 33 58 21 STACEY BUDAE 7006 WHITNEY WOODS RD EENTON 48430 8948
0127380012 il2AJC.1-{1GA14 Drul 34.05 lake bottom STAlT OF MICHIGAN LANSING MI LANSING MI
0127380028 VILLAGE (26I1011V 50.00 lake bottom UNKNOWN 202 5 SAGINAW ST HOTLY MI 484420512•
0927380029 HOLLY TWP t 158069 $3,488.21 501 f HOMAS ST HOLLY TWP BEACH 5:51 THOMAS ST 1101 I Y MI 48442 .
0127451031 VILLAGE OF HOLLY 0 D ¶0 .00 Sake bottom VILLAGF OF HOLLY 202 S SAGINAVV ST Hal Y 48442 1612
0127452031 VILLAGE OFILOLLY 1 1.155768 ¶3,46821 LAKF_SIEF CEMETERY 202 5 SAGINAW' ST HOLLY 484-42 1612 1'-
0127452002 V1LL AGE OF HOLLY 1 1.186069 _3,428.2,l LAKESIDE CEMETERY 202 5 SAGINAW ST HOL 1 Y 48442,1412
0134127002 VILLAGE OF HOLLY U 26 0 7890173 684805 840 THOMAS ST VILLAGE OF HOLLY 2026 SAGINAW ST HOLLY 4M42 I12
1134127033 VILLAGE OF HOLLY 9.25 ._11 2590173 ¶86705 v11. I AGE OF HOLLY 202 $ SAGINAW Sr HOLLY 4,5442 151.2
0_134171501 viL LAM OF HO( I Y 0 0 $0.00 notiakeirort VILLAGE OF %•401. L Y 202 S SAGINAW ST _3Q5 .y _ 48447 1812
012 L °L VILLAGE OF 1101 LY 1 1 158989 53,468.2 I LAKESIDE CEMETERY 14631 CEMETERY RD LAKE 01n1-BSA 48340_8458
9)7 00 10 Auch Lake roll 745
Resolution #10241 September 23. 2010
The Chairperson referred the resolution to the Finance Committee. There were no objections.
FISCAL NOTE (MR #10241) October 6. 2010
BY: FINANCE COMMITTEE, TOM MIDDLETON, CHAIRPERSON
IN RE: WATER RESOURCES COMMISSIONER — REQUEST FOR ADDITIONAL $33,000
LOAN FROM THE LONG TERM REVOLVING FUND FOR CONSTRUCTION OF THE BUSH
LAKE LEVEL CONTROL STRUCTURE AND APPROVAL OF THE ASSESSMENT ROLL
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Chairperson, Ladies and Gentlemen:
Pursuant to Rule XII-C of this Board, the Finance Committee has reviewed the above
referenced resolution and finds:
1. The resolution authorizes an additional $33,000 loan from the Long-Term
Revolving Fund for the Bush Lake Level Control Structure Project and requests
authorization of the special assessment roll.
2. The County Board of Commissioners previously approved $267,000 for the Bush
Lake Level Dam Project pursuant to Miscellaneous Resolution No. 10080, an
additional $33,000 is necessary to complete the project for a loan amount that
shall not exceed $300,000.
3. Miscellaneous Resolution No. 02019 authorized that monies be made available
for loans to local units for amounts up to $150,000 and exception is being
requested to authorize a loan to the Bush Lake Special Assessment District in an
amount not to exceed $300,000.
4. The full repayment of the loan, with applicable interest, will come from the 10
year special assessment roll approved by the Water Resources Commissioner
for this project.
5. None of the $267,000 loan amount previously authorized in Miscellaneous
Resolution No. 10080 has been transferred to the project to date; therefore
applicable interest charges will be based on the updated total loan amount of
$300,000.
6. Also, MR# 89276 states that an interest rate no less than the prevailing six-
month Treasury Bill rate should be charged. The six-month Treasury Bill rate is
quite a bit lower than the average interest rate from the Treasurer's pooled
investments and therefore the rate to be charged will be the last published
Treasurer's pooled investment average monthly rate for the month of August
2010 is 1.443%.
7. Funding is currently available in the Long-Term Revolving Fund to issue a loan in
the amount of $300,000 for the Bush Lake Level Control Structure Project.
8. No budget amendment is required.
FINANCE COMMITTEE
Motion carried unanimously on a roll call vote with Gingelf and Greimel absent.
Y APPROVE THE FOREGOING RESOLUTION
Resolution #10241 October 6, 2010
Moved by Runestad supported by Coulter the resolutions (with fiscal notes attached) on the amended
Consent Agenda be adopted.
AYES: Burrs. Coleman, Coulter, Douglas, Gershenson, Gingell, Gosselin, Greimel, Hatchett,
Jackson, Jacobsen, Long, McGillivray, Middleton, Nash, Potts, Runestad, Schwartz, Scott, Taub,
Woodward. Bullard. (22)
NAYS: None. (0)
A sufficient majority having voted in favor, the resolutions (with fiscal notes attached) on the amended
Consent Agenda were adopted.
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 October 6,
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 6th day of October, 2010.
gat
Ruth Johnson, County Clerk