HomeMy WebLinkAboutResolutions - 1977.06.02 - 132097982 Miscellaneous Resolution May 19, 1977
BY: PLANNING AND BUILDING COMMITTEE - Richard R. Wilcox, Chairman
IN RE: OAKLAND-PONTIAC AIRPORT T-HANGARS
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairman, Ladies and Gentlemen:
WHEREAS the Oakland County Airport Committee has approved a
project for the construction of fifty-five (55) T-Hangars at the Oakland-
Pontiac Airport; and
WHEREAS these T-H•ngars will be paid by a revenue bond issue; and
WHEREAS the Oakland Airport Committee desires to proceed with the
construction of the T-Hangars during the summer of 1977.
NOW THEREFORE BE IT RESOLVED that the County of Oakland Board
of Commissioners will advance $710,000 for the purpose of constructing
fifty-five (55) T-Hangars at the Oakland-Pontiac Airport.
BE IT FURTHER RESOLVED that the advance monies will be repaid
to the County General Fund upon the sale and delivery of the revenue
bonds.
Mr. Chairman, on behalf of the Planning and Building Committee,
Richard R. Wilcox, Chairman, moves the adoption of the foregoing resolution.
PLANNING AND BUILDING COMMITTEE
Ae— do
Richard R."WilC'ox, Chairman
FISCAL NOTE
BY: FINANCE COMMITTEE, PAUL E, KASPER, CHAIRMAN
IN RE: MISCELLANEOUS RESOLUTION #7982 - OAKLAND-PONTIAC AIRPORT
1-HANGARS
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairman, Ladies and Gentlemen:
Pursuant to Rule XI-C of this Board, the Finance Committee has re-
viewed Miscellaneous Resolution #7982 and finds that no appropriation of
funds is required. The Finance Committee further finds that an advance
in an amount not to exceed $710,000 is required for construction of
fifty-five (55) T-Hangars and notes that sufficient funds are available
in the County General Fund to allow said advance.
The Finance Committee further finds that provision for repayment of
the aforementioned advance will be provided by approval of Miscellaneous
Resolution #7983 by the Board of Commissioners and subsequent sale of
the revenue bonds.
FINANCE COMMITTEE
Paul E. Kasper, Chairman
i=7982 June 2, 1977
2nd this
Moved by Wilcox supported by Perinoff that Resolution #7982 be adopted.
AYES: Fortino, Gabler, Gorsline, Hoot, Kasper, Kelly, Lanni, McConnell,
McDonald, Moffitt, Montante, Moxley, Murphy, Page, Patterson, Perinoff, Pernick,
Peterson, Price, Roth, Simson, Wilcox, Aaron, DiGiovannL (24)
NAYS: Doyon. (I)
A sufficient majority having voted therefor, resolution 1/7 .982 adopt
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 anneaed copy of
o14tiqn #7982 opted by „ JI,oa,c,d, of.pppjj9pç s t
with the original record thereof now reirlaini.ng in my
office, and that it is a true and corrct transcript -
therefrom, and of the whole thereof,
in Testimony Whereof, I have Ilerc.lonLo set my hi d and
affixed the seal of sa -Ja county a L Ponac,
June 1977,, day o f
Lynn D. Allen Clc ,*
By