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HomeMy WebLinkAboutResolutions - 1976.08.19 - 140557659 RESOLUTION NO. By: IN RE: EVERGREEN SEWAGE DISPOSAL SYSTEM BLOOMFIELD TOWNSHIP TRUNK ARMS- STAGE TWO AND STAGE THREE TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS MR. CHAIRMAN, LADIES AND GENTLEMEN: WHEREAS, the Township of Bloomfield is in urgent need of the sewage disposal improvements and facilities which are described in the form of proposed contract hereinafter mentioned as constituting the "Evergreen Sewage Disposal System - Bloomfield Township Trunk Arms - Stage Two andStage Three" (hereinafter sometimes referred to as the "county system" or the "system"), in order to abate pollution of the waters of the township and thus to promote the health and welfare of the residents thereof, which improvements and facilities would likewise benefit the county and its residents, and the parties to said proposed contract have concluded that such improvements and facilities can be most economically and efficiently provided and financed by the County through the exercise of the powers conferred by Act 342, Public Acts of Michigan, 1939, as amended, and especially Sections 5a, 5b and 5c -thereof; and WHEREAS, the County Drain Commissioner (hereinafter sometimes referred to as the "County Agency") has accordingly caused to be prepared a proposed contract between the county and the Township of Bloomfield, dated as of August 1, 1976, providing for the acquisition, construction and financing of said county system and has also caused to be prepared by the STATE OF MICIIIGT\N ) ) SE: COUNTY OF 07-ilaj‘ND ) -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 at a :r_egular • meeting of the Oakland County Board of Commissioners, held on the 19th day of August 197 6 the original of which is on file in my office. IN WITHNESSITHEREOF, I have hereunto affixed my official - siganture this 19th day of August AD. 1976 County Clerk, Lynn D. Al len, EVERGREEN SEWAGE DISPOSAL SYSTEM. -BLOOMFIELD TOWNSHIP TRUNK ARMS -STAGE TWO AND STAGE THREE CONTRACT THIS CONTRACT, made and entered into as of the first day of August, 1976, by and between the COUNTY OF OAKLAND, a county corporation in the State of Michigan (hereinafter sometimes referred to as the "county"), by and through its Drain Commissioner, County Agency, party of the first part, and the TOWNSHIP OF BLOOMFIELD, a township corporation in said county and state (hereinafter sometimes referred to as the "township"), party of the second part. WITNESSET H: WHEREAS, the Oakland County 3oard of Supervisors by Resolution, Misc. No. 3269, adopted on August 12, 1957, as amended by Resolution, Misc. No. 3435, adopted on October 13, 1958, did approve of establishment of the Evergreen Sewage Disposal System to serve the Evergreen Sewage Disposal District within which district lies part of the Township of Bloomfield; and WHEREAS, pursuant to the Evergreen Sewage Disposal - System Agreement, dated November 10, 1958, as amended by amendatory agreements dated December 22, 1958 and February 9, 1959, all between the County of Oakland and the Cities of Birmingham, Bloomfield Hills, Lathrup _Village, Troy and South- field, the _Village of Westwood (now Beverly Hills) and the Townships of Bloomfield and Pontiac, municipal corporations in said County of Oakland, the said county, acting through its Department of Public Works, did acquire the original Evergreen Sewage Disposal System and did finance such acquisi- tion by the issuance of bonds in anticipation of payments to be made by said municipal corporations to the county in accor- dance with the provisions of said Agreement, as amended (herein referred to as the "Base Agreement"); and WHEREAS, the county and the township have heretofore agreed to extend said Evergreen Sewage Disposal System by con- struction of the so-called Bloomfield Township Trunk Arms - Stage One in said Township of Bloomfield under the provisions of Act No. 185 of the Michigan Public Acts of 1957, as amended, for the purpose of collecting and disposing of sewage originat- ing within that part of the said district located in said township, and to issue bonds to finance said Bloomfield Township Trunk Arms - Stage One in anticipation of the collection by the county of amounts to become due under a contract between the county and the township, parties hereto dated as of March 1, 1967 and amended as of August 1, 1968, whereby the township agreed to pay the entire cost of said Bloomfield Township Trunk Arms - Stage One in installments; and WHEREAS, the county and the township have heretofore agreed to use cash to finance Bloomfield Township Trunk Arms - Stage Two under a contract between the county and the town- ship, parties hereto, dated March 1, 1974, but said contract has never been carried out and will be hereby cancelled as to Stage Two; and WHEREAS, it is now desired to extend said Evergreen Sewage Disposal SyStem by construction of the so-called. Bloomfield Township Trunk Arms - Stage Two and Stage Three in said Township of Bloomfield under the provisions of Act No. 342 of the Michigan Public Acts of 1939, as amended, for the purpose of collecting and disposing of sewage originating within that part of the said district located in said township, and to issue bonds to finance both. Stage Two and Stage Three, in anticipation of the collection by the county of amounts to become due under this agreement between the county and the township parties hereto, whereby the township agrees to pay the entire cost of both Stage Two and Stage. Three; and WHEREAS, pursuant to Act No. 342, Public Acts of Michigan, 1939, as amended (hereinafter sometimes referred to as "Act 342"), the Board of Commissioners of the county has heretofore, by majority vote of its members-elect, autho- rized and directed that there be established a county system of sewage disposal improvements and services to serve the township, said system to be known as "Evergreen Sewage Dis- posal System - Bloomfield Township Trunk Arms - Stage Two and Stage Three" (hereinafter sometimes referred to as the "county system" or as the "system"), and has designated the Oakland County Drain Commissioner as the County Agency for the system with all powers and duties with respect thereto as are provided by Act 342 (said Drain Commissioner being hereinafter sometimes referred to as the "County Agency"); and WHEREAS, under and subject to the terms of Act 342, the County is authorized, through the County Agency, to acquire and construct the sewage disposal improvements and facilities hereinafter described as constituting the county system, the county and the township are authorized to enter into a contract, as hereinafter provided, for the acquisition and construction of the system by the county and for financing all or part of the cost thereof by the issuance of bonds by the county secured by the pledge of the full faith and credit of the township to pay such cost with interest to the County in installments • extending over a period not exceeding forty (40) years, and the county is authorized to issue such bonds and, if authorized by majority vote of the members-elect of its Board of Commis- sioners-, to pledge its full faith and credit for the payment of such bonds and the interest thereon; and WHEREAS, the township is in urgent need of such sewage disposal improvements and facilities to provide the means of collecting and disposing of sanitary sewage of the township, in order to abate pollution of the waters of the township and thus to promote the health and welfare of the residents thereof, which improvements and facilities would likewise benefit the county and its residents, and the parties hereto have concluded • that such improvements and facilities can be most economically and efficiently provided anD financed by the county through the exercise of the powers conferred by Act 342, and especially Sections 5a, 5b and 5c thereof; and WHEREAS, the County Agency has obtained preliminary plans for the county system and also an estimate of $1,700,000 as the total cost of the system and an estimate of forty (40) years and upwards as the period of usefulness thereof, all of which have been prepared by Hubbell, Roth & Clark, Inc, (hereinafter sometimes referred to as the "consulting engineers" and have been submitted to and approved by the Board of Com- missioners of the county and the Township Board of the township and placed on file in the office of the County Agency, said estimates being set forth in Exhibit B hereunto attached: and WHEREAS, in order to provide for the acquisition and construction of the system by the county and the financing of the cost thereof by the issuance of county bonds, and for other related matters, it is necessary for the parties hereto to enter into this contract. THEREFORE, IN CONSIDERATION OF THE PREMISES AND THE COVENANTS OF EACH OTHER, THE PARTIES HERETO AGREE AS FOLLOWS: 1. The parties hereto do hereby approve and agree to the establishment, acquisition, construction and financing of the Evergreen Sewage Disposal System - Bloomfield Township Trunk Arms - Stage Two and stage Three, as herein provided, under and pursuant to Act 342. The township by way of com- pliance with Section 29, Article VII, Michigan Constitution of 1963, consents and agrees to the establishment and location of the system within its corporate boundaries and to the use by the county of its streets, highways, alleys, lands, rights-of-way or other public places for the purpose and facilities of the system and any improvements, enlargements or extensions thereof, and the township further agrees that, in order to evidence and effectuate the foregoing agreement and consent, it will execute and deliver to the county such grants of easement, right-of-way, license, permit or consent . as may be requested by the county. 2. The Evergreen Sewage Disposal System - Bloomfield Township Trunk Arms - Stage Two and Stage Three shall consist of the sewage disposal facilities shown on Exhibit A which is hereunto attached and which is hereby made a part hereof, and as are more particularly set forth in the preliminary plans which have been prepared and submitted by the consulting engineers, which plans are on file with the County Agency and are hereby approved and adopted. The system shall be acquired and constructed substantially in accordance with the said pre- liminary plans and in accordance with final plans and specifi- cations to be prepared and submitted by the consulting engineers, but variations therefrom which do not materially change the location, capacity or overall design of the system, and which do not require an increase in the total estimated cost of the system, may be permitted on the authority of the County Agency. Other variations or changes may be made if approved by the County Agency and by resolution of the Township Board and if provisions required by Paragraph 8 hereof are made for payment or financing of any resulting increase in the total estimated cost. The estimate of cost of the system and the estimate of period of usefulness thereof as set forth in Exhibit B are likewise hereby approved and adopted. 3. The County Agency shall take or cause to be taken all actions required or necessary, in accordance with Act 342, to procure the issuance and sale of bonds by the County, in one or more series, in whatever aggregate principal amount , is necessary to be so financed to defray the total cost of - the county system which is in excess of funds available from other sources. Such bonds shall be issued in anticipation of, and be payable Primarily from, the payments to be made by the township to the county as provided in this contract, and shall be secured sE,c7ondarily, if so voted by the Board of Commissioners of the county, by the pledge of the full faith and credit of the county, and the said bonds shall be payable in annual maturities the last of which shall be not more than forty years from the date thereof. 4. The County Agency shall proceed to take construc- - tion bids for the system and, subject to the sale and delivery of said bonds, enter into construction contracts with the lowest responsible bidder or bidders, procure from the contractors all necessary and proper bonds, cause the system to be constructed within a reasonable time, and do all other things required' by this contract and the laws of the State of Michigan. All . certificates for required payments to contractors shall be approved by the consulting engineers before presentation to the County Agency and the latter shall be entitled to rely on such approval in making payment. The county hereby ageees that it will secure, or cause to be secured, and maintained during the period of con- struction adequate property damage and public liability insurance covering all facilities to be constructed pursuant to this contract. All policies and memorandums of insurance shall pro- vide that the county and the township shall be insured parties thereunder and shall contain a provision requiring that the township be notified at least ten . days prior to ,cancellation thereof. One copy of each policy and memorandum of insurance shall be filed with the township. 5. It is understood and agreed by the parties hereto that the system is to serve the township and not the individual property owners and users thereof, unless by special arrange- ment between the County Agency and the township. The respon- sibility of requiring connection to and use of the system and or providing such additional facilities, as may be needed, shall be that of the township which shall cause to be constaoucted and maintained, directly or through the county, any such necessary additional facilities. The county shall not be obligated to acquire or construct any facilities other than those designated in paragraph 2 hereof. 6. The township shall pay to the county the total cost of the system (less such funds as may become available from other sources), which total cost for this purpose shall include, in addition to the items of the nature set forth in Exhibit B (represented by the principal amount of the bonds to be issued by the county plus such funds as may become avail- able from other sources), all interest payable by the county on said bonds and all paying gent fees and other expenses and charges (including the County Agency's administrative expenses) which are payable on account of said bonds (such fees, expenses and charges being herein called "bond service charges"). Such payment shall be made to the county in annual installments which shall be due and payable at least thirty days prior to the day of the month specified in the county bonds as the annual principal maturity date thereof. Such an annual installment shall be so paid in each year, if any principal and/or non-capitalized interest on said bonds falls due during the twelve-month period beginning on such principal maturity date in said year, and the amount of each installment so due and payable shall be at least sufficient to pay . all such principal and/or interest thus falling due and all bond service charges then due and payable. The County .Agency shall, within thirty days after delivery of the county bonds to the purchaser, furnish the Township Treasurer with a complete schedule of the principal and interest maturities thereon, and the County Agency shall also, at least thirty days before each payment is thie to be made by the township, advise the Township Treasurer of the amount payable to the county on such date. If the township fails to make . any payment to the county when due, the same shall be subject to a penalty of 1% thereof for each month or fraction thereof that such amount remains unpaid after due. Failure of the County Agency to furnish the schedule or give the notice as above required shall not excuse the township from the obligation to make payment when due. Such payments shall be made by the township when due whether or not the system has then been completed or placed in operation. In the event that additional county bonds shall be issued under the authority of this contract, to defray a part of the cost of the .system, the foregoing obligations shall apply to such part of the cost and to said additional bonds insofar as appropriate thereto. 7. The Township may pay in advance any amount pa able to the county pursuant to this contract and in that event shall be credited therefor on future-due amounts as may be agreed by the parties hereto. The township may also pay in advance any one or more installments or any part thereof (a) by surrendering to the county any of said county bonds of like principal amount with all future-due coupons attached thereto, or (b) by paying to the county in cash the principal amount of any county bonds which are subject , to redemption prior to maturity, plus all Interest thereon to the first date upon which such bonds may be called for redemption, and plus all applicable call premiums and bond service charges, and in such event the County Agency shall call said bonds for re- demption at the earliest possible date. The installments or parts thereof so prepaid shall be deemed to be the install- ments or parts thereof falling due in the same calendar year as the maturity dates of the bonds surrendered or called for redemption and bonds and coupons so surrendered or redeemed shall be cancelled. 8. In the event that it shall become necessary to increase the estimated cost of the system as hereinbefore stated, or if the actual cost of the system shall exceed the estimated cost, whether as the result of variations or changes • permitted to be made in the approved plans or otherwise, then (without execution of any further contract or amendment this contract) the Township Board may, by resolution adopted within fifteen days after the receipt of construction bids, direct that a portion of the system be deleted sufficient to reduce the total cost to an amount which shall not exceed the total estimated cost as hereinbef re stat d by more than 5%, provided that such deletion shall not materially change the general scope, overall design, and purpose of the system, or in the absence of the adoption of such a resolution the township shall pay or procure the payment of the increase or excess in cash, or county bonds in an increased or additional amount shall(upon adoption of an authorizing resolution therefor by the Board of Commissioners) be issued to defray such increased or excess cost, to the extent that funds therefor are not available from other sources: Provided, however, that no such increase or excess shall be approved and no such increased or additional county bonds shall be authorized to be issued, nor shall the county enter into any contract for acquisition or construction of the system or any part thereof or incur any obligation for or pay any item of cost therefor, where the effect thereof would be to cause the total cost of the system to exceed by more than 5% its total estimated cost hereinbefore stated, unless the Township Borad shall have previously adopted a resolution approving such increase or excess and agreeing that the same (or such part thereof as is not available from other sources) shall be paid or its payment procured by the township in cash or be defrayed by the issuance of increased or additional county bonds in an pation of increased or additional payments agreed to be made by the township to the county in the manner hereinbefore pro- vided: Provided, further, that the adoption of such resolution by the Township Board shall not be required prior to or as a condition precedent to the issuance of additional bonds by the county, if the county has previously issued or contracted to sell bonds to pay all or part of the cost of the project and the issuance of the additional bonds is necessary (as determined by the county) to pay such increased, additional. or excess costs as are essential to completion of the project according to the plans as last approved prior to the time when the previous bonds were issued or contracted to be sold. 9. In the event that the actual cost of the system is less than the total estimated cost, then any surplus avail able to the county from the sale of county bonds shall, at the option of the Township Board, be used either to improve, enlarge or extend the system or the Evergreen Sewage Disposal System, or to apply upon future payments due to the county, or to redeem bonds or to purchase the same on the open market, provided that such surplus shall be used to improve, enlarge or extend the system only if authorized by the Board of Com- missioners. Any such surplus may, for the purpose of improving, enlarging or extending the system, be supplemented by cash payments to be made by the township, or such improvements, enlargements or extensions may be financed entirely from such cash payments, where authorized by the Township Board. Where any such surplus is used to redeem or purchase bonds, the same shall be cancelled, and the payments thereafter required to be made by the township to the county shall be reduced so as to reflect the resulting saving of interest and the payment required to be made in the calendar year of the stated maturity said bonds shall be reduced by the principal t thereof . 10. Should the township fail for any reason to pay the county at the times specified, the amounts herein recmired to be paid, the township does hereby authrize the State Treasurer or other official charged with the disbursement of unrestricted state funds returnable to the township pursuant to the Michigan constitution to withhold sufficient funds to make up any default or deficiency in funds. If the full faith and credit of the county is pledged for the prompt payment of the principal of and interest on the bonds to be issued by the county and if the county is recluired to advance any money by reason of such pledge on account of the delinquency of the township, the County Treasurer is hereby authorized to notify the State Treasurer to deduct the amount of money so advanced by the county from any unrestricted moneys in the State Treasurer's possession belonging to the township and to pay such amount to the county. , The foregoing shall not operate to limit the county's right to pursue any other legal remedies for the reimbursement of moneys advanced on account of the default of the township. 11. The township, pursuant to the authorization of Section 5a of Act No. 342, does hereby pledge its full faith and credit for the prompt and timely payment its obligations expressed in this contract and shall each year levy a tax in an amount which, taking into consielEir- ation estimated delinquencies in tax collections, will be sufficient to pay its obligations under this contract becoming due before the time of the following year's tax collections: Provided, however, that if at the time of making its annual tax levy, the township shall have on hand in cash other funds which have been set aside and pledged or are otherwise available for the payment of such contractual obligations falling prior to the time of the next tax collection, then the annual tax may be reduced by such amount. The Township Board shall each year, at least 90 days prior to the final date provided by law for the making of the annual township tax levy, t7 .-_ 'it to the County Agency a written statez- ment setting forth the amount of its obligations to the county which be- come due and payable under this contract prior to the time of the next following year's tax collections, the amount of the funds which the township has or will have on hand or o its credit in the hands of the county which have been set aside and pledged for payment of said obliga- tions to the county, and the.amount of the township taxes next proposed to be levied forthe'purpose of raising money: to meet such obligations. The County Agency shall promptly review such statement and, if he finds that the proposed township tax levy is insufficient, he shall so notify the Township Board, and -the township hereby covenantsand agrees that it will thereupon increase its levy to such extent as may be required by the County Agency. d. event that all or any part of the territ f the township is in- governing body of the new mun pality or the municipality annexing , 12. No change in the jurisdiction over any territory in the township shall in any manner impair the obligations of this corn tract or affect the obligations of the township hereunder. In the .corporated as a new city or village or is annexed to or becomes a part of the territory of another municipality, the municipality into which such territory is incorporated or to which such territory flexed shall assume the proper proportionate share of the contractual obligations (including the pledge of full faith and credit) of the township, which proper proportior share shall be fixed and deter- I up:. mined by the County Agency and shall be bindi all...parties con- cerned unless, within sixty (60) days after such incorporation or an- nexation becomes effective, the governing body of the municipality into which such territory is incorporated or to which such territory is an- nexed and the Township Board shall by mutual agreement and with th ,- written approval of the County Agency fix and determine such proper proportionate share. The County Agency shall, prior to making such determination, receive a written recommendation as to the proper pro- - portionate share from a committee composed of one representative desig- nated by the Townshi Board of the township, one designated by the such territory, and one independent registered engineer a intcd by the County Agency. Each governmental unit shall appoint its rep senta- - tive within fifteen (15) days after being notified to do so by the County Agency and within a like time the County Agency shall appoint the engineer third member. If any such representative (other than the appointee of the County Agency) is not appointed within the time above provided, then the County Agency may proceed without said recommendation. If the co7mitto, shall not make the recommendation within forty-five (45) days after its appointment or with any extension thereof by the County Agency, then the County A =ncy may proceed without such recommendation. 13. This contract is contigent upon the county issuing its negotiable bonds as herein provided, to defray such part of the total estimated cost of the system as is necessary to be financed, which bonds . shall be issued under the authorization provided. in Section 5a, 5b and . 5c of said Act 342. Interest on the bonds shall be capitalized and paid from the bond proceeds for a period not exceeding the .estimated con- struction period and one year thereafter. In the event that the bonds . are not issued within three years from the date of this contract, then unless extended by mutual agreement it shall become null and void, ex-' cept that the township shall pay all engineering, legal and other costs and expenses theretofore incurred and shall be entitled to all plans, specifications and other engineering data and materials.. 14. UpOncempletion of t ystem the county does hereby .. lease the same to the township to operate andmaintain the same upon the following terms and conditions: (a) The system shall be used Only i serve area in the municipality. (b) The township shall maintain the system in good condition. (c) The township and the county shall not permit the discharge into the system of any storm water. (d) The township shall appropriate in each year such sums as shall he sufficient at least to pay the cost of operating and maintaining the system, and to establish a fund for replacements, improvements, and major maintenance of the system. In addition, the township may make and collect such servide charges, connection charges or special assessments -to indivi- dual users as shall be deemed desirable to help to pay the operating costs of the township and to provide such other funds for sewage disposal purposes as are deemed desirable. The township shall enforce prompt payment of all such charges and assessments as the same shall become due. The township hereby accepts the lease of the system upon the terms and conditions herein set forth. It is further agreed with respect to the system that at all : times d=-: the operation thereof by the township, as lessee, that it will obtain and maintain in effect adequate property damage, liability and wor) ,'s oom17 - tion ins' -e covering all facilities leased to the township under any contract with the county now or here- after in effect. All policies and memorandums of insurance shall pro- vide that the county and the ip shall be insured parties there- under and shall contain a'Provision requiring that the county be noti- fied at leaSt ten days prior to cancellation thereof. One 'copy of each policy and memorandum of insurance shall be filed with the Coun oy. . . The county shall have no obligation sponsibility - for providing sewers or sewage disposal facilities except as herein • expressly provided with respect to the acquisition of the system or as otherwise provided by contract. The township shall have the authority and the responsibility to provide such other facilities and shall have the right to expand the facilities of the system by constructing or ex- . tending sewers or related facilities, connecting the same tothe system, and otherwise improving the system. It is expressly agreed, nevertheless, that no such connection -(other than individual tapins) shall be made to the system and no improvement, enlargements or extensions thereof shall new construction by the County Agen further agrooc that the C. y , • • unpaid, the provisions of this contract not be subject to any alter- security of the bonds or the prompt of principal or interest pa thereon. The right to mae ch,T,ngcs contract, by amend ,: in this is hereby declared that the terms of this contract and of any ; '- cry be made yiLhout first securing a permit .rctor from the County- Agency. Any such permit may be made conditional upon inspection and apoPoval of system shall be used for collection and conveyance of sanitary sewage only and that the township shall take all necessary action to prevent entry into the system of storm waters and also to prevent entry of sewage or wastes of such a character as to be injurious ,te the systei . or to the public health and safe 16. All powers, duties and functions vested by this contract in the county shall be exercised and performed by the County Agency, for and on behalf of the touhty, unless otherwise prcva by law or in this contract. 17„ The parties beret° recognize that the holders from ty „ time to time ofihe to 3,3 -,1 by the County under the provisions of Act 342, and sec7u:_,.,.C;. by the full faith and credit pledge of the town- ship to the making of its payments as set forth in this ::.::::ntract, will - have contractual rights in this contract, and it and agreed that so long as any of said bonds shall remain c',,Itstand .:„.n and ation or revision which would in any m(T.,r -Tier adversely affect either the supplemental contract or otherwise, is nevertheless reserved insofar as the same do not have such adverse effect. The parties hereto futher venant,and agree that they will each comply with their respective duties and obligations und e r the terms of this contract promptly, at the times-- and in the manner herein set forth, and will not suffer-to -be done any act which would in any may ir the contract of said bonds, the security therefor, or the prompt payment of principal and interest thereon. It or supplemental contract and any contract entered into pursuant hereto insofar as they -ortdin to said bonds or to the payment of the security period, a ition is filed with the Township Clerk pe r thereof, shall be deemed to be for the benefit of the holders f said bonds. 16. In the event that any one or more of the provi- sions of this contract shall for any reason be held to he invalid, illegal or unenforceable in any respect, such invalidit illegality or unenforceability shall not affect any other pro- - visions hereof, but this contract shall be construed as if such invalid, illegal or unenforceable provision has nay been contained herein. 19. This contract shall become effective upon its execution by each party hereto and the expiration of 45 days after the date of publication of the notice required by Section 5b of Act 342; Provided, however, that if, within the 45 day of the Tc -_ • :ip of Bloomfield in accordancewith the provisions of said Section 5b of Act 342 then this contract shall not become effective until approved by the vote of a majority of the electors of the township qualified to vote and voting thereon at a general or special election. This contract shall terminate forty (40) years from the date hereof or on such earlier date as shall be mutually agreed: Provided, however, that it shall not be terminated at any time prior to the payment in full the principal of and interest on the county bonds together with all bond service charges pertaining to said bonds. This contract. may be executed in several counterparts. The pro- visions of this contract shall inure to the benefit of and be binding upon the successors and assigns of the parties hereto. IN WITNESS WHEREOF, the parties hereto have caused this contract to be executed and delivered by the undersigned, By Supervisor By County Drain Cc- • s _ (County Agency) being duly authorized by the renpebtive governing bodies of such parties, all as of the day and year first above written. TOWNSHIP OF BLOOMFIELD COUNTY OF OAKLAND Township Clerk Scale 16 r- 4000' 423rmaDv PRO A % T EVERGREEN SEWAGE DI7cP ,:"..../:‘,L sysTE BLOOMFIELD TOWNSHIF TRUNK ARMS _ STAGE TWO AND STAGE_ _THREE JULY 6, 1976 Total Construction Cost = O a • $1,137,636.00 • • a o a o . $92,749.57 . 17,064.54 2,500.00 9_,000.00 O 0000 000 • 0000000 O 0000000 O '0000 000 a a o so a • 0000000 O 000000 00000000 121,314.11 34,867.26 45,505.44 80,000.00 1,737.00 7,200.00 8,250.00 3,000.00 500.00 a • a ea 0 1,450.00 122 540.19 Contingency . . Sub-Total . $1,564,000.00 --- Capitalized Interest (8% for 2 months). . 136,000.00 S Total Estimated Project Cost . = $1,700,000.00 0 aa 0 BLOOMFIELD TOWNSHIP TRUNK ARMS - Stage Two and Stage Three Estimate of Cost 976 @$ 122 L.P. 16" Pile Supported Sewer 16" D.I. Sewer 14,637 L.F. 15" Sewer 4,014 L.F. 12" Sewer 2,111 L.F. 10" Sewer 3,742 L.F. 6" Houselead & Riser 293 L.P. 6" D.I. Forcemain 43 L.F. Bore & jack Casing for 16" Sewer 95 L.P. Bore & jack Casing for 10" Sewer 100 Ea. Standard Manholes 1 Ea. Tap to Existing 2 Ea. Tap to Existing Wet Well 1 Ea. Pumping Station 1,040 L.F. 8" D.I.Watermain &Appurtenances 65.00 50.00 45.00 40.00 30.00 15.00 12.00 110.00 105.00 850.00 1,000.00 1,000.00 @ 60,000.00 20.00 = $ 7,930.00 4,000.00 658,665.00 160,560.00 63,330.00 56,130.00 3,516.00 4,730.00 9,975.00 85,000.00 1,000.00 2,000.00 60,000.00 20,800.00 Engineering Consulting Engineer (Design) . . Consulting Engineer (Staking & Layout). . . Soil & Material Testing . . • Soil Borings . „ „ , Id 6 6 6 6 V 6 6 6 • 0 aa S S • a 4 0 $ 400.00 100.00 700.00 250.00 Project Administration Inspection . 6 6 • • 6 6 6 6 0 • 6 • 6 eV 00000 0 ot 6 • Easement Acquisition . . . Act 347 Permit . . . . Financial Consultant . . Bond Counsel . . . . . . Bond Prospectus . . . . . . Bond Printing . - . . . . . Publishing Oakland Press . • Michigan Contractor & Builder Bond Buyer . Local Publication . I hereby estimate the period of usefulness of this facility to be forty (40) years and upwards. HUBBELL, ROTH & CLARK, INC. By / / , 7[7 James R. Foley ; %18377 Revised lE>:-hibit "B"