HomeMy WebLinkAboutResolutions - 1980.09.18 - 12213Miscellaneous Resolution CELL September 18, 1980
BY: PLANNING AND BUILDING COMMITTEE - Richard R, Wilcox, Chairperson
RE: LAKE IMPROVEMENT REVOLVING FUND
Mr- Chairperson, .'nd Gentlemen:
WHEREAS, the Oakland County Board of Commissioners adopted
Miscellaneous Resolution 9444 on June 19, 1980; and
WHEREAS, the Inland Lake improvement Act of 1966, Public
Act 345 of 1966, in Section 6 of the Act, authorizes a County Board
of Commissioners to provide for a revolving fund to pay for the pre-
liminary costs of lake improvement projects within the County; and
WHEREAS, the County Board of Commissioners desires to trans-
fer the sum of $25,000.00 advanced as a loan to the Wolverine Lake
Improvement Project by Miscellaneous Resolution 9444 to establish a
Lake Improvement Revolving Fund pursuant to Section 6 of Act 345
1966; and
WHEREAS, any advances from the Revolving Fund hereby estab-
lished to pay for the preliminary costs of lake improvement projects
shall be repaid by assessment against the property owners in the
Assessment District by the Lake Board, and such assessment shall be
made whethrr or not the project is finally implemented; and
-7- -tAS, the County Board of Commissio:-.ers requires as a
condition for the advance of any funds for the preliminary costs of
lake improvement projects that the Lake Improve r. Board designate
the Oakland County Treasurer as the custodian of all funds collected
and disbursed by the Lake Improvement Board for lake improvement
projects within the County.
NOW THEREFORE BE IT RESOLVED, that the Oakland County Board
of Commissioners, pursuant to Section 6 of Act 345 of the Public Act
of 1966, as amended, does hereby provide for the establishment of a
Lake Improvement Revolving Fund.
BE IT FURTHER RESOLVED, that the Oakland County Board of
Commissioners directs the transfer of the sum of $25,000.00 appropri-
ated by Miscellaneous Resolution 9444 on June 19, 1980 to the Lake
Improvement Revolving Fund.
BE IT FURTHER RESOLVED, that all advances from the Revolving
Fund to pay for the preliminary costs of lake improvement projects
within the County shall be repaid to the fund by assessment against
the property owners in the Assessment District by the Lake Board
whether or not the project is finally implemented.
BE IT FURTHER RESOLVED, that any resolutions or parts of
resolutions that are in conflict with this resolution are hereby
rescinded.
BE IT FURTHER RESOLVED, that no provisions of this resolution.
shall prevent a Lake Board from making repayment of advances by the
Revolving Fund from gifts or grants received by the Lake Board pursuant
to Section 25 of Act 345 of 1966.
tVir. Chairperson, on behalf of the Planning and Building Committee, I move the
adoption - '1 .egoing resolution.
/
#9574 September 18, 1980
Moved by Caddell supported by Fortino the resolution be adopted.
AYES: Price, Caddell, DiGiovanni. Dovon, Fortino, Gabler. Gorsline,
Hobart, Kelly, Lewand, Moffitt, Moxley, Murphy, Patterson, Pernick. (15)
NAYS: None. (0)
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
Miscellaneous Resolution #9574 adopted by the Oakland County Board of
Commissioners at their meeting held on September 18, 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
18th September 80
Lynn D. Allen......................Clerk
By ...............................,.Deputy Clerk