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HomeMy WebLinkAboutResolutions - 1982.03.04 - 13537RESOLUTION NO. 82058 March 4, 1982 RE: DRAIN REVOLVING FUND ADVANCE BY: FINANCE COMMITTEE TO: THE OAKLAND COUNTY BOARD OF COMMISSIONERS MR. CHAIRMAN, LADIES AND GENTLEMEN: WHEREAS, the Oakland County Board of Commissioners has from time to time advanced money from the General Fund for long term Drain Projects and Lake Level projects; and WHEREAS, the Drain Revolving Fund has been advanced at various times a total of $550,000.00 from the General Fund; and WHEREAS, there is at the present time a need for addi tional funds in the Lake Level Advance Fund; and WHEREAS, the movement of funds from the Drain Revolving Fund to the Lake Level Advance Fund will not change the General Fund of the County. NOW, THEREFORE, BE IT RESOLVED that authorization be granted for the transfer of $100,000.00 from the Drain Revolving Fund to the Lake Level Advance Fund. Mr. Chairperson, on behalf of the Finance Committee, I move the adoption of the foregoing Resolution. FINANCE COMMITTEE G. William Caddell, Chairperson Date #82058 March 4, 1982 Moved by Caddell supported by Perinoff the resolution be adopted. AYES: DiGiovanni, Doyon, Fortino, Gabler, Hobart, Jackson, Kasper, Lanni, McDonald, Moffitt, Montante, Moore, Olsen, Page, Perinoff, Pernick, Peterson, Price, Whitlock, Wilcox, Aaron, Caddell, Cagney, Calandro. (24) NAYS: None. (O) 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 #82058 adopted by the Oakland County Board of Commissioners at their meeting held on March 4, 1982 with the orginial 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 4thday Of March 19 82 County Clerk/Register of Deeds