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HomeMy WebLinkAboutResolutions - 1975.08.21 - 14487EMERSON R. BUNN GEORGE W. KUHN OAKLAND COUNTY DRAIN COMMISSIONER PuBLIc WORKS DRIVE PONTIAC, MICHIGAN 48054 858-0958 JAMES E. PEA MET Chief Dopi,dy Coe7missi:ones Depaly Chief August 14, 1975 Honorable Commissioners County of Oakland 1200 North Telegraph Road Pontiac, Michigan Reference: PONTIAC-CLINTON RIVER DRAIN NO. 3 Mr. Chairman, Ladies & Gentlemen: There is submitted to you herewith a certified copy of a resolution adopted by the Drainage Board for the Pontiac-Clinton River Drain No. 3 authorizing the issuance of Drain Bonds in the aggregate principal amount of $11,900,000.00 pursuant to provisions of Chapter 20 of Act No. 40 of the Public Acts of 1956, as amended, and other applicable law. Also submitted to you herewith is a form of proposed resolution for adoption by the Board of Commissioners for the purpose of pledging the full faith and credit of the County of Oakland as secondary security for the payment of said Drain Bonds. The said Drain Bonds are issued in anticipation of the payment by the City of Pontiac and the County of Oakland in the aggregate mount of at least equal to the amount of said Bonds. The full faith and credit of said public corporation is pledged, by law, to the prompt payment of said assessments and the interest thereon when due. The law further authorizes and obligates said public corporation to levy a tax in an amount sufficient to make said pay- ment (unless other funds are on hand available for said purpose) which tax may be levied without limitation as to rate or amount. The County is entitled, by law, to recover from said public corporation the amount advanced from County funds at any time in fulfillment of the County's secondary pledge of its full faith and credit* Gorge W. Kiihn ChairMan OAKLAND COUNTY DRAIN COr.'l'f17,;ONER. August 14, 1975 Honorable Commissioners County of Oakland Page 2 Reference: PONTIAC-CLINTON RIVER DRAIN NO. 3 It is respectfully requested that the enclosed resolution be adopted for the reasons set forth in the preamble and because the pledge of the County's full faith and credit will result in a material sayings in bond interest to be paid. PONTIAC-CLINTON RIVER DRAIN NO. 3 DRAINAGE BOARD Fred D. Houghten, ~er gP Enclosures August 21, 1975 RESOLUTION NO. 7259 BY: Mr. Itm?ak IN RE: PONTIAC-CLINTON RIVER DRAIN NO. 3 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 Pontiac-Clinton River Drain No. 3 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 on December 14, 1973; and WHEREAS, the said Drainage Board by resolution adopted on August 13, 1975, authorized and provided for the issuance of bonds in the aggregate principal amount of $11,900,000 in anticipation of the collection of an equal amount of a special assessment against the City of Pontiac, said special assessment having been duly con- firmed by said Drainage Board; and WHEREAS, said bonds are to be designated Drain Bonds, are to be dated October 1, 1975, will bear interest at a rate not exceed- ing 10% ad will be subject to redemption prior to maturity in accor- dance with the terms and conditions of the bond resolution; and WHEREAS, said Drainage Board deems it advisable and neces- sary to obtain from this Board a resolution consenting to the pledge of the full faith and credit of the county on the aforesaid bonds; and VUEREAS, the said drainage project is immediately necessary to protect the public health by abating pollution and therefore it is in the best Lmtnmst 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 the City of Pontiac 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, for the Pontiac- Clinton River Drain No 3, when due, then the amount thereof shall he 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 permitted 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. MR. CHAIRMAN, on behalf of the Planning and Building Com- mittee, I move the adoption of the foregoing resolution. PLANNING AND BUILDING COMMITTEE -2- BOND ISSUE $ 11,900,000.00 ESTIMATE OF COST . • PONTIAC CLINTON RIVER DRAIN NO, 3 Intra-County Drain in Oakland County, Michigan) 1. Construction Bids $ 8,622,644.10 2. Right-of-Way .1,790,000.00 3. Engineering Fees: Design and General Supervision $ 623,509.00 Resident Engineer, Field Engineer, Soil Borings, Aerial Survey 191,696.82 Inspection 270,000.00 Staking and Layout 25,000.00 Material Testing Service 10,000.00 Act 347 Permit, including Inspection 4, Publishing: ,Oakland Press re construction bids and Notice of Sale 600.00. Michigan Contractor & Builder 200.00 Bond Buyer 700.00 -1,500.00 5., Printing of Bonds 750.00 6. Printing and Nailing Prospectus 2,500.00 7. Drainage Board Meetings 500.00 8, Bond Attorney 30,300.00 9, Financial Consultant 18,700.00 10, Rating Agency Fees 750.00 II. Contingencies 663,194.59 Tani- PROJECT COST $ 12,161,844.51 Les; tcepayment by State of Michigan of 2.1537. of cost 261,844.51 10 800.00 1,031,005.82 August 4, 1975 Memorandum To: Mr. George W. Kuhn, Chairman Pontiac-Clinton River No. 3 Drainage Board From: James E. Pemberton, Chief Engineer Subject: Revised estimate of cost for the Pontiac- Clinton River Drain No, 3 Project Date: August 4, 1975 Per your request a revised estimate of cost for the Pontiac- Clinton River No. 3 Drain Project has been prepared. It is as follows: Bond Issue $11,900,000.00 Prepayment by State 261,844.51 Total Project Cost The Project Cost items are broken down as follows: Construction Bid R-O-W Engineering Fees Bond Counsel Financial Consultant Publishing Drainage Board Meetings Rating Agencies (Bonds) Prospectus & Mailing Bond Printing Contingencies (5.77%) $ 8,622,644.10 1,790,000.00 1,031,005.82 30,300.00 18,700.00 1,500.00 500.00 750.00 2,500.00 750.00 663,194.59 Total Project Cost $12,161,844.51 Assume prepayment M.S.H.D. in cash of their portion (2453%) of Project To determine Bond Issue: Total Project Cost $12,161,844.51 M.S.H.D. Prepayment (-) 261,844.51 (cash) Bonds to be issued $11,900.000.00 You will note in the new tabulation of cost there is no item for Capitalized Interest. This has been eliminated because the City has indicated to our Financial Consultant they are willing to spread a full year interest on the bond issue on their December, 1975 Assessment Roll. This will then make it possible for the bonds to be due on May 1, 1976. Respectfully s9)witted, Memo To: Mr. G. W. Kuhn August 4, 1975 Subject: Revised estimate of cost for the Pontiac- Page 2 Clinton River Drain No. 3 Project would point out we have been in touch-with both Mr. Smiley and Mr. Neipling in this matter and they seem to be pleased with the new Estimated Cost. A request has been made by Mr. Neipling (with your approval) that a revised estimate of cost be made available to him prior to 5:00 P.M. Tuesday so he may present and discuss it at the City Commission meeting. James E. Pemberton Mr. Fred D. Houghten Mr. Richard R. Wilcox Mr. Gerald Terrien Mr. Emerson R. Bunn CC: Moved by Nowak supported by Roth the resolution be adopted. Discussion followed. Daniel T. Murphy, County Executive addressed the Board. AYES: Olson, Page, Patterson, Perinoff, Pernick, Price, Roth, Simmons, Wilcox, Wilson, AAron, Coy, Daly, Douglas, Dunleavy, Fortino, Gabler, Hoot, Houghten, Kasper, Lennon, McDonald, Moffitt, Montante, Nowak. (25) NAYS: None. (0) ABSENT: Button, Dearborn. (2) A sufficient majority having voted therefor, the resolution was adopted. STATE OF MICHIGAN ) ) SS: COUNTY OF OAKLAND ) I, 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 21st day of August , 1975, the original of which is on file in my office. IN WITNESS WHEREOF, I have hereunto affixed my official signature this 21st day of August A.D. 1975. County Clerk -3- L WATER WORK ARGYLE .AyK Hrve. DOVER 1 ;1 LiLi Liu L.: L . J -6 BARTLETT MARY DAY ptKE ORRAINt RD. ELET.ABEim ruolot wESSE4A0 BEAUDiil TORq ANCH "IA MT HOPE CEMETERY f CEMET BET HUME CLEM SCHOOL UTAH sIREET YARDS _ GTLLESOE ST $ti. 9 SAG LEY SCHOOL t I I E ontARD 15yt" MAIN DRAIN BRANCH "I" BRANCH wn SEWERS SHEET NO. 01,11.0 GPM% 10.M9M 9661,012. 411,Nehrile* 826 149.1.90.03 EVMMUEL BAPTIST SCHOOL. AV S I Ave. ii AVE. LEGEND cot., COURSE COLOR ADO / CAL CNIA t ART;4OR 11 I %WINER ST BRANCH urn NEBRASK A TOTAL COST Dtt NO 97.S47% 013.000% 2.153% 100.00% DIRAWMGNO. 6 P-486 $11,900,000.00 aluL JUNEJS7S JONES & HENRY ENGINEERS 21100 W. CENTRAL AVE. TOLEDO. Ow* cif 65 APPORTIONMENT CITY OP PONTIAC COUNTY OF OMAN], STATE OF MICHIGAN CITY OF PONTIAC, OAKLAND COUNTY, MICMIGAM DRAINAGE BOARD FOR PONTIAC —CLINTON RIVER DRAIN NO. 3 PONT1AC -CLINTON RIVER DRAIN NO. 3 O'Laughlin Construction Co. & Lerner-Linden, Inc. (Joint Venture) 9,198,999.50 6/1.11 ENVIRONMENTAL ENGINEERS/ PLANNERS 2000 WEST CENTRAL AVENUE, TOLEDO, OHIO 43G0C TeIcphont 4/9/473.96:1 COBURN C METCALF, HAROLD A. KELLEy TI1E,51-,RER MERRILL G. SMITH. ScRET,Ry CECil.. S. RUSSELL JOHN C. JENKJ4$ FRANZ MORSCHE$ rEux F SAmPAY0 ASSOCIATES FRED ni HORai NS FRANK P, KcCLuRE WILLIAM H. SCHWARZ ROGER R. BAKER '7:11 Jones & Henry Engineers Limited July 31, 1975 Mr. George W. Kuhn, Chairman Drainage Board for the Pontiac-Clinton River Drain No, 3 No. 1 Public Works Drive Pontiac, Michigan 48054 Subject: Pontiac-Clinton River Drain No. 3 Dear Mr. Kuhn: Please find enclosed 4 copies of the Tabulation of Bids received July 29, 1975 for construction of Pontiac-Clinton River Drain No. 3. A total of 8 bids were received as follows: AMOUNT OF BID Contractor Base Alternative A Alternative B Roger J. Au & Son, Inc. $ 8,622,644.10 $ 8,976,786.20 $ 9,448,566.20 Iacobelli Construction, Inc. 8,974,215.80 <WM. 121211. Greenfield Construction Co., Inc. 9,631,629.20 G&M Underground Constr.Co., Allied Aggregate Trans. Co. & Tryco Steel Corp. (Joint Venture) 9,790,161.50 10,687,540.00 Ric-Man Construction,Inc. 10,414,901.35 9,676,364.24 0=.1. John Carlo, Inc. 12,505,923.00 11,081,902.00 A.Z. Shmina & Sons Co. & Charles J. Rogers Const.Co. (Joint-Venture) 14,227,000.00 c_erAd tb p 000 rsches Mr. George W. Kuhn, Chairman July 31, 1975 Page 2 The lowest bid received was submitted by Roger J. Au & Son, Inc. in the amount of $8,622,644.10. Roger J. Au & Son, Inc. is well known in Ohio and has done work in the past for the Oakland County DPW. Their performance on projects in which we have been involved has been satisfactory. Accordingly, we recommend the Contract for Pontiac-Clinton River Drain No. 3 be awarded to Roger J. Au & Son, Inc., subject to furnishing satisfactory bonds. Very truly yours, JONES & HENRY ENGINEERS LIMITED ink Attachments