HomeMy WebLinkAboutResolutions - 1978.04.20 - 12568April 20, 1978
MISCELLANEOUS RESOLUTION
BY: THE FINANCE COMMITTEE, PAUL E. KASPER., CHAIRMAN
IN RE: APPRAISAL FEES
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairman, Ladies and Gentlemen.:
WHEREAS the County of Oakland has been requested to participate In both
the cost of litigation and in obtaining an appraiser for a current property
appeal filed on behalf of the Hazel Park Racing Association with the Michigan
State Tax Tribunal l and
WHEREAS the County of Oakland will stand to lose substantial amounts of
tax dollars if the appeal is lost; and
WHEREAS the owners of the Hazel Park Race Track have secured a cost
estimate prepared by a. professional engineer as well as employed a nationally
recognized appraiser to represent their cause before the Tribunal; and
WHEREAS the City of Hazel Park and the Hazel Park School District have
decided to counter these moves by securing their own cost estimator to provide
an accurate reproduction cost estimate of all the improvements on site; and
WHEREAS the City of Hazel Park and the Hazel Park School District antic-
ipate the owners' attorney and appraiser to be fully prepared and consequently
have instructed their appraiser to be able to provide, in addition. to the cost
and market approach, an income approach to value; and
WHEREAS this total additional preparation, updating the appraisals to
1977-1978 and the expert testimony before the Tribunal will result in esti-
mated total cost of Forty-fie Thousand. and No/100ths Dollars ($45,000.00); and
WHEREAS the City of Hazel Park and the Hazel Park School District have
agreed to share the cost of the appraisal and such other costs exclusive of
attorney fees; and
WHEREAS if they are successful in defending the assessed value, the
balance of the County will share in their efforts and investments;
NOW THEREFORE BE IT RESOLVED that the County of Oakland does hereby agree
to participate with school districts, cities and townships in the payment of
appraiser fees and other costs exclusive of attorney fees in connection with
property tax appeals before the Michigan. State Tax Tribunal as initiated hr
taxpayers;
BE IT FURTHER. RESOLVED that pursuant to Rule FI-C of this Board, the
Finance Committee finds an amount not to exceed 3% of the final appraisal.
fee or $3,600.00, whichever is less, available in the Contingent Account of
the 1970 Budget and a transfer should be made to the Equalization Division's
1978 Budget line item Professional Services.
THE FINANCE COMMJTTEE
#8409 April 20, 1978
Moved by Murphy supported by Roth the resolution be adopted,
AYES: Pertnoff, Pernick, Peterson, Price, Roth, Stmson, Wilcox, Daly, DiGtovanni,
Doyon, Gabler, Gorsline, Kelly, Lanni, McConnell, Moffitt, Montante, Moxley, Murphy,
Olson, Patterson, (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 #8409 adopted by the Oakland County Board of
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Commissioners at their meeting held on April 20, 1978
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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..,.....
Lynn D. Allen Clerk
BY 61,666 6 66 .64 6 1760666600 ....... .....Deputy Clerk