HomeMy WebLinkAboutResolutions - 1979.09.13 - 12528Ap i 11111111
PUB/ C SERVICES COMMITTEE
AM , L.,400 0 H. ..41r :n .`O., Chairman
11111EREyl APPROVE THE FOREGOING RESOLUTION
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MISCELLANEOUS RESOLUTION 91 " DATE September 13, 1979
BY: PUBLIC SERVICES COMMITTEE - Henry William Hoot, Chairman
RE: COMMUNITY DEVELOPMENT REVOLVING FUND
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairman, Ladies & Gentlemen:
WHEREAS, the County established through Miscellaneous Resolution 8595 a
revolving fund of $30,000 to expedite payment of outstanding obligations for
those occasional times when receipt of Federal funds for Community Development
payments is delayed, and
WHEREAS, the establishment of the fund was restricted to a 12 month period
ending September, 1979, to determine the efficacy of such an arrangement as well
as potential revenue loss to the County, and
WHEREAS, the fund has been used sparingly at little or no cost to the
County and has assisted the Community Development Department in meeting the
Federal requirement that funds received from the U.S. Treasury Department be
expended within three days after receipt, and
WHEREAS, participating communities as well as contractors working on
Community Development projects have benefited through existence of the fund through
avoidance of delay in payment for services rendered.
NOW THEREFORE BE IT RESOLVED that the $30,000 revolving fund which has been
established for Community Development be continued until such time as it is deemed
unnecessary or not in the best interest of the County.
The Public Services Committee by Henry William Hoot, Chairman, moves the
adoption of the foregoing resolution.
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#9111 September 13, 1979
Moved by Hoot supported by Roth the resolution be adopted.
AYES: Moffitt, Montante, Moore, Moxley, Murphy, Perinoff, Pernick, Peterson, Roth,
Aaron, DiGiovanni, Dunaskiss, Fortino, Gabler, Gorsline, Hobart, Hoot, Kasper, Kelly,
Lewand, McDonald. (21)
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 #9111 adopted by the Oakland County Board of
Commissioners at their meeting held on September 13, 1979
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 13th day of September 19.7.9..
Lynn D. Allen Clerk
By Deputy Clerk