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
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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%