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HomeMy WebLinkAboutResolutions - 1978.04.06 - 12556RESOLUTION NO. 8400 April 6, 1978 BY: Mr. Wilcox IN RE: KASPER DRAIN TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS MR. CHAIRMAN, LADIES AND GENTLEMEN: WHEREAS, proceedings have been taken by the Statutory Drainage Board for the construction of the Kasper Drain under the provisions of Chapter 20 of Act No 40 of the Public Acts of 1956, as amended, pursuant to a petition filed with the Oakland County Drain Commissioner; and WHEREAS, the said Drainage Board by resolution adopted on March 22, 1978, authorized and provided for the issuance of bonds in the aggregate principal amount of $1,875,000 in antici- pation of the collection of an equal amount of special assessments against the Township of Pontiac, and the County of Oakland, said special assessments having been duly confirmed by said Drainage Board; and WHEREAS, said bonds are to be designated Drain Bonds, are to be dated July 1, 1978, will bear interest at a rate not exceeding 8% and will be subject to redemption prior to maturity in accordance with the provisions of said resolution; and WHEREAS, said Drainage Board deems it advisable and necessary to obtain from this Board a resolution consenting the pledge of the full faith and credit of the county on the aforesaid bonds; and WHEREAS, the said drainage project is immediately necessary to protect and preserve the public health and there- fore it is in the best interest of the County of Oakland that said bonds be sold. NOW, THEREFORE, BE IT RESOLVED BY THE OAKLAND COUNTY BOARD OF COMMISSIONERS: 1. That pursuant to the authorization provided in Section 474 of Chapter 20 of the Drain Code of 1956, as amended, the Oakland County Board of Commissioners does hereby irrevocably pledge the full faith and credit of the County of Oakland for the prompt payment of the principal of and interest on the said Drain Bonds, and does agree that in the event any public corporation assessed shall fail or neglect to account to the County Treasurer of the County of Oakland for the amount of any special assessment installment and interest, when due, then the amount thereof shall be immediately advanced from County Funds, and the County Treasurer is directed to immediately make such advancement to the extent necessary. 2. That in the event that, pursuant to said pledge of full faith and credit, the County of Oakland advances out of County Funds, all or any part of said installment and interest, it shall be the duty of the County Treasurer, for and on behalf of the County of Oakland, to take all actions and proceedings and pursue all remedies pelmitted or authorized by law for the reimbursement of such sums so paid. 3. That all resolutions and parts of resolutions insofar as the same may be in conflict with the provisions of this resolution be and the same hereby are rescinded. official signature this 7th_ day of , April MR. CHAIRMAN, on behalf of the Planning and Building Committee, I move the adoption of the foregoing resolution. PLANNING AND BUILDING COMMITTEE ADOPTED: Yeas - Fortino, Gabler, Gorsline, Kasper, Kelly, Lanni, McConnell, McDonald, Moffitt, Moxley, Murphy, Olson, Page, Patterson, Pernick, Peterson, Price, Roth, Simson, Wilcox, Aaron, Daly, DiGiovanni, Doyon. (24) Nays - None. (0) Absent - Hoot, Montante, Perinoff. (3) STATE OF MICHIGAN) Ss: COUNTY OF OAKLAND) 1, the undersigned, the duly qualified and acting County Clerk of the County of Oakland, do hereby certify that the foregoing is a true and complete copy of a resolution adopted by a two-thirds vote of the members elect at a regular meeting of the Oakland County Board of Commissioners, held on the 6th, day of April , 19 78 , the original f which is on file in my office. IN WITNESS WHEREOF, I have hereunto affixed my 19a. $101,854.00 10,000.00 3,500.00 115,354.00 65,442.00 33,560.00 250.00 970.00 500.00 65,000.00 9,687.00 1,250.00 1,520.00 300.00 3,500.00 1,500.00 3,000.00 120.00 600.00 50,000.00 190,558.51 KASPER DRAIN 1. Construction Bid $1,678,002.00 2. Engineer's Design Fee Resident Engineer Soil and Material Testing 3. Inspection 4. Staking and Layout 5. Publishing Oakland Press Michigan Contractor and Builder H Bond Buyer 6. Bond Printing 7. Rights-of-Way 8. Bond Counsel 9. Financial Consultant 10. Act 347 Permit 11. Drainage Board Meeting Cost 12. C.P.A. for Bond Prospectus 13. Standard & Poor's Rating Service 14. Bond Prospectus 15. Capitalized Interest (8% x 4 months x $1,875,000) 16. Contingencies (9.389%) TOTAL ESTIMATED COST KASPER DRAIN PROJECT $2,220,143.51 Revised: March 20, 1978 2. Iacobelli Construction, Inc. 32,368,485.00 KASPE.R DRAIN February 17, 1978 "AS READ" BIDS 1. Greenfield Construction Co., Inc. $2,793,031.50 3. Frank V. Louis Equipment Co. $2,289,041.00 4. M 8 B Contracting Corp. $2,187,211.60 *5. A 8 P Construction Co. $1,678,002.00 6. John Carlo, Inc. $2,360,000.00 7. Rocco Ferrera 8 Co., Inc. $2,376,164.00 ***8. G 8 M Underground .Construction Co. $2,080,109.00 9. Triangle Excavating Co. $2,843,386.05 10. Ministrelli Construction Co., Inc. $2,560,362.00 11. M.C.S. Inc. J. P. Harte Co. (joint venture) $2,357,599.86 **12. Ric-Man Construction, Inc. 13. Lanzo Construction C 14. Ben P. Fyke & Sons, Inc. 15. Mole Construction Co. Consulting Engineers Estimated Cost: $1,881,652.00 $1,914,654.10 $2,405,437.00 $2,297,167.30 tAL.VtN E. ORCHARD FRANCIS A. PAPKE JOHN J. HILTZ WILLIAM C. McCLIML,NT DZICRIS VITINS (42,7, Dzidr-is Vitins, ORCHARD, PAPKE, HIL-rz, a McCLIMENT, coNsuLTING FNGINEERS 3493M SCHOOLCRAFT ROAC LIVONIA, NUCHi-GAN 4815o (31.a) 522-5711 March 20, 1978 Oakland County Drain Commission 1 Public Works Drive Pontiac, Michigan 48054 Attention: Mr. James E. Pemberton Deputy and Cheif Engineer Re: Kasper Drain Pontiac Township Gentlemen: We have investigated the qualifications and past construction experience of A & P Construction Company the low bidder for the above referenced drain. We do hereby recommend that the contract to construct the Kasper Drain be awarded to the low bidder, A & P Construction Company, 41055 Joy Road, Plymouth, Michigan 48170, for the bid amount of $1,678,002.00.. Very truly yours, ORCHARD, PAPKE, HILTZ & McCLIMENT, INC. DV/su #105-73-010 Ref: 7808 C'OMMONWE i t DISTRIC7 LIMITS .•01.20.01,41,01,...*601140110 a. rJ Pja (-,/e Wet. 09- NI JANES GENES DRAINAGE 1,0 ..1.*ale GALLOWAY a a a %Peet)** eaaaaaa.egveagee: a a a a aa a , 0 a 0. 000 a U < :1 0 O rj d r.r7 * 0 r 1 .1 a a a a 0 0 t.. es, Cr) ; II PONTIAC ROAD 0 s a a a 0 0 a a 0 0 0 9 a a 0 0 0 a 0 0 0 a a 0 0 a00,00esaesaaao0,0000a0 • :DISTRICT 0 a 0 F1: KT RCHER KAS PER DRAIN ROUTE JOY COY a aesaa0e0•00600000aeaa0 RAINAGE SCALE IN MILES 3 4 .5 (1/2 MI.) APPORTIONMENT OF COST Township of Pontiac 68.506% County of Oakland - 15.948% • State of Michigan 15.546% TOTAL 100.000%