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HomeMy WebLinkAboutResolutions - 1979.04.05 - 12230April 5, 1979 RESOLUTION NO. 8917 RE: LAKE IMPROVEMENT FUNDS BY: MR. ROBERT A. McCONNELL TO: THE OAKLAND COUNTY BOARD OF COMMISSIONERS MR. CHAIRMAN, LADIES AND GENTLEMEN: WHEREAS, Wolverine Lake has established a Wolverine Lake Improvement Project pursuant to the provisions of Act 345 of the Public Acts of 1966, as amended; and WHEREAS, Section 25 of said Act provides that the Lake Board may accept grants for the purpose of carrying out the pro- visions of this Act; and WHEREAS, the Wolverine Lake Board has requested the County . to advance 25% of the costs of the Improvement Project; and WHEREAS, the County Board of Commissioners may advance funds on a loan basis; and WHEREAS, the advancement of such funds shall only be paid upon the confirmation of the assessment roll to be spread against the benefited property within the District. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners, pursuant to Section 25 of Act 345 of the Public Acts of 1966, as amended, does hereby advance the sum of $67,500.00 , said advance to be re-paid out of the proceeds of the special assessment. BE IT FURTHER RESOLVED that no advances shall be made to the Wolverine Lake Improvement Project until a special assessment roll has been confirmed pursuant to the provisions of Section 14 of said Act 345. MR. CHAIRMAN, I move the adoption of the foregoing resolution. Robert A. McConnell #8917 April 5, 1979 Moved by McConnell supported by Dunaskiss the resolution be adopted. The Chairperson referred the resolution to the Finance Committee. There were no objections.