HomeMy WebLinkAboutResolutions - 1973.02.15 - 10393REPORT February 15, 1973
BY: FINANCE COMMITTEE - Fred D. Houghten, Chairman
IN RE: MISC. RES. #6201 - ESTABLISHING CLASSIFICATION OF
INVESTMENT OFFICER
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairman, Ladies and Gentlemen:
Pursuant to Rule 11, C of this Board, the Finance Committee finds
the sum of $11,387.00 available, such funds to be derived from the Contingent
Fund.
FINANCE COMMITTEE
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February 15, 1973
REPORT
By Mrs. Dearborn
IN RE: MISC. RES. # 6201 - ESTABLISHING CLASSIFICATION OF INVESTMENT OFFICER
To the Oakland County Board of Commissioners
Mr. Chairman, Ladies and Gentlemen:
The Personnel Practices Committee,
by Mary M. Dearborn , Chairman, reports Miscellaneous
Resolution No. 6201 with the recommendation that the resolution 626
be adopted.
PERSONNEL PRACTICES COMMITTEE
Mary Mead Dearborn, Chairman
Miscellaneous Resolution 6201 January 18, 1973
Mary . Dearborn, Chairman
BY: PERSONNEL PRACTICES COMMITTEE - Mary M. Dearborn, Chairman
IN RE: ESTABLISHING CLASSIFICATION OF INVESTMENT OFFICER
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairman, Ladies and Gentlemen:
WHEREAS the investment of County Funds is a responsibility of the County
Treasurer; and
WHEREAS the constant surveillance of the investment market and the availability
of investable County funds and the associated accounting work have become too time
consuming to be handled as a part of the duties of the County Treasurer or the Chief
Deputy County Treasurer, as has been the past practice.
NOW THEREFORE BE IT RESOLVED that an additional position of Investment
Officer be granted to the County Treasurer; and
BE IT FURTHER RESOLVED that a new classification of Investment Officer be
created with a salary range of: Base - $12,039; One Year - $12,613; Two Year -
$13,186 and Three Year - $13,759.
The Personnel Practices Committee, by Mary M. Dearborn, Chairman, moves
the adoption of the foregoing resolution.
PERSONNEL PRACTICES COMMITTEE
Moved by Dearborn supported by Mathews the resolution be referred to the
Finance Committee. There were no objections.
•
Res. #6201
Moved by Dearborn supported by Douglas that resolution #6201 be adopted.
Discussion followed.
AYES: Moffitt, Montante, Nowak, Perinoff, Quinn, Richardson, Vogt, Walker,
Wilcox, Berman, Brotherton, Burley, Button, Coy, Dearborn, Douglas, Dunleavy,
Hobart, Hoot, Houghten, Kasper. (21)
NAYS: Lennon, Olson, Pernick. (3)
A sufficient majority having voted therefor, the resolution was adopted.
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lynn D. Allen, Clerk of the County of Oakland and
having a seal, do hereby certify that I have compared the annexed copy of
•.;;RAsOution t 6201 adopted by the Oakland County Board of Commissioners
at their meeting held on February 15, 1973
with the original record thereof now remaining in my
office, and that it is a true and correct transcript
therefrom, and of the whole thereof.
In Testimony Whereof, I have hereunto set my hand and
affixed the seal of said County at Pontiac, Michigan
this 15th day of February 19.... 73
Lynn D. Allen Clerk
Deputy Clerk By