HomeMy WebLinkAboutResolutions - 1980.06.19 - 120119472 June 19, 1980 Miscellaneous Resolution
/APPROVE THE F.79.$ • !NG RESOLUTION
BY: PUBLIC SERVICES COMMITTEE - Henry William Hoot, Chairman
IN RE: Policy Statement
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairperson, Ladies and Gentlemen:
WHEREAS it has been and continues to be the policy of the government
of Oakland County to support the development and maintenance of the arts; and
WHEREAS the Cultural Council of Pontiac, Inc. has requested the
participation and support of Oakland County in carrying out an operations
analysis research study relating to the Theatre/Auditorium and Cultural
Pavilion within Phase 1 of the Pontiac Plan; and
WHEREAS the Cultural Council of Pontiac, Inc. has indicated that the
cost of an operations analysis research study would be in an amount not to
exceed $45,000; and
WHEREAS the members of the Oakland County Cultural Council have voted
to support the concept of an Operation Analysis Research Study, to be funded
by Oakland County, City of Pontiac, and General Motors; and
WHEREAS it is deemed to be in the best interests of the county to
Provide for the continued advancement and Promotion of the arts,
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Com-
missioners approves the attached loan agreement with the Pontiac Downtown Develop-
ment Authority for the exclusive purpose of assisting in the funding of an
operations analysis research study relating to the Theatre/Auditorium and
Cultural Pavilion within Phase 1 of the Pontiac Plan; and
BE IT FURTHER RESOLVED that the government of Oakland County's
commitment to the loan agreement is contingent upon a prior commitment by
the City of Pontiac and a concurrent commitment(s) by at least one other
corporation or institution; and
BE IT FURTHER RESOLVED that the government of Oakland County's loan
agreement be in an amount not to exceed $15,000; and
BE IT FURTHER RESOLVED that the Chairman of the Board of Commissioners
be and is hereby authorized to sign the loan agreement,
Mr. Chairperson, on behalf of the Public Services Committee, I move
the adoption of the foregoing resolution.
PUBLIC SERVICES COMMITTEE
y
0,A1\1 ACJi -F., FE:MEN-IT
A9T,cm.:7synt node, cr.-:ccu, and do! leeredthis day of
l980, by erci between the County of o
the w Cind 7"::, ;7. ';;:: :1 7,
a Si ' H.:1!I 0:- 1H >7
Lo-..1n.,
• The County hereby locirsto the FTIDA TiHoss s:nd Did 1510:
(the-nlocrl'9. v•hich menics are to be TV"., ',- • ,
for an Opemtions Analysis R7-2seerch "-:3 -tudy" far por,
component Study") to I t
Certifieid Pub1l Acc ,untunts of Del-roit,_ tficbignyi
- The DE);\ by ifs execution of this Agreement ad-;no ,,,,,l,,..;-dires receipt of I -h-e
- loan end represents to the County that the cost of Study is
not- to exceed Forty-Five Thousand Dolicirs ($45,000), •
2. Payment,.
The loan shall be pcycHe two (2) ye.c.,;,-s from the dote hereof di on
annual interest churge eLlual to the interest ro...-e on Li, S.
as of the effective date. of this Agreement, oric. inter&st mt-c- nail be
forthwith 1-:s(,..:.nted in this Agreement.
3, Pre-Payment,
The DDA shall hove th0 right =F0 r----,- the loan , „ in
eny time before maturity without penalty,.
4. n_e.fcrJ11-..
Upon the failure of the DDA to nay the loon at maturity, the loon ha!!
become due and payable upon demand by the County,
Waiver
The failure or delay of the County to exercise aPy right, power, or
privilege hereunder shell not operate as a waiver th ereof,
6. Benefit.
This Agreement shall be binding and inure to the b e nefit of the Co,),--y
ond th0 DDA and their respective successors and assigns,
7, Construction.
This Agreement shall be governed and construed in accordance with tHe
lows of the State of Mic h igan,
Page 1 of 2
•
-- A UTI1 C;)F,', ITY
Pubbc Corpoulte Body
by
by
of Signaturo:
WITNESSED BY;
N V'MNESS WHERE thcprrtiehareio c.;aused t!ne4- dbly authorized ofFicer s
to execute.. this t. ercnt cr, hoi behalf or of the do/ ard year first obove -writi-ern,
Doti of Siclnoture:
CCI iNTY OF OAKLAND
Mon kircd Corporation of
the State of Midnigan
by
Pacn.- 2 of 2
#9472 ,June 19, 1980
Moved by Patterson supported by Moore the resolution be adopted.
Moved by Price supported by Moffitt the rules be suspended for immediate
consideration of the resolution,
Am.: • Lewand, Moffitt, Montante, Moore, Page, Patterson, Perinoff, Pernick,
Price, Roth, Wilcox, Aaron, DGiovanni , Doyon, Dunaskiss, Fortino, Hobart, Kelly,
(18)
NAYS: McDonald, Moxley, Murphy, Caddell, Gabler, Kasper. (6)
A_sufficient majority havi .ne voted therefor, the motion carried.
Decussion followed.
Vote on Resolution;
AYES; Moffitt, Montante, Moore, Page, Patterson, Perinoff, Pernick,
Price, Roth, Wilcox, Aaron, DiQlovanni, Doyon, Dunaskiss, Fortino, Lewand. (16)
NAYS:. McDonald, Moxley, Murphy, Caddell, Gabler, Hobart, Kelly. (7)
A sufficient majority having voted therefor, the resolution was adopted.
STATE OF MICHIGAN)
COUNTY OF OAYLAND)
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
Miscellaneous Resolution #9472 adopted by the Oakland County Board of
Commissioners . on .June 19,. 1980 ........ ..........
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
19th June 80 this day of ..... ..... ...„19....
Lynn D. Allen Clerk
By -0eputy Clerk