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Home My WebLink AboutResolutions - 1975.12.18 - 14547RESOLUTION NO 7402 BY: IN RE: DUNLEAVY DRAIN 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 Dunleavy Drain 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 February 28, 1974; and WHEREAS, the said Drainage Board by resolution adopted on -December 10, 1975, authorized and provided for the issuance of bonds in the aggregate principal amount of $1,690,000 in anticipation of the collection of an equal amount of a special assessment against the City of Madison Heights, said special assessment having been duly' confirmed by said Drainage Board; and WHEREAS, said bonds are to be designated Drain Bonds, are to be dated February 1, 1976, will bear interest at a rate not ex- ceeding 10% and will not be subject to redemption prior to maturty; 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 WHEREAS, the said drainage project is immediately necessary to protect and preserve the public health and therefore it is in the best interest of the County of Oakland that said bonds be sold. NOW THEREFORE, BE IT RESOLVED BY ME 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 Madison Heights 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 Dunleavy Drain, when due, then the amount thereof shall be 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 ,e- ChaiTman HONE 313 - 585-5545 , 655 IN. THIRTEEN MILE ROAD,MADISON H7.1(..FIT,`;, ICI CAN 4 n3071 December 9, 1975 V. R. SPALWM.":; FRANK J. I. ARTHUR 1NOODNmISE • JOHN VV. HAIIHEI•I -E. PATRICK (YROLJfiKE THOMAS Bior..N VIJAYSINH 11, MAMMA VVR.LIAM I. 1.•/-0;It KEITH W Uu FINLN JAMES E. SYlvjiNGToN 6PALDING, DEIDECI & ASSOCIATES INC_ CIVIL ENG INLLii1N6 AN D PLANNING CONSULTANTS Spalding, DeDecker & Associates, Inc. 9 BV Sp VBS/cm Encl. -i..VIA) V DEC 9 1975 -i-- ----- -. J...n Y (4_3 I" DRAIN o; ..ONER /•-:... N. MICHIGAN PONLAL N. '1 Dunleavy Drainage Board Oakland County Drain Commission Public Works Drive Pontiac, Michigan 48054 Attention:- Mr. James Pemberton, Deputy Commissioner Re: 7422-10 Dun leavy Drain Award of Bids .,Gentlemen: Attached is a verified tabulation of bids received for construction of the Dunleavy Drain project. . Also attached are letters attached to some of the bids which apparently qualify that bid. The low bidder, M & B Equipment Co., did not attach such a letter. ' We have investigated the ability of the low bidder, M &B Equipment Company and find that he has a Department of State Highways and Transportation financial rating of over 17 million dollars of which a substantial amount is uncommitted to existing contracts. M & B has furnished an equipment list which is sub- stantial in quantity and capacity. They have also furnished us a list of their supervisors which indicate considerable heavy construction experience . in both underground and road building construction. Upon checking their past work references we find rather universal agreement that M & B Equipment Co. has the ability and capacity to perform the work included in the Dunleavy Drain project. A few of the references did report difficulty in settling claims but this was not the experience of all references contacted. Based on our investigation we recommend award of this contract to M & B Equip- ment Company for their low bid amount of $1,215,530.60. Respectfully submitted, KNOWLEDGE EXPERIENCE • IMAGINATION • ZsrAVI.4..,.E1.(,)-"P"E'SPONSIBILITY • INTEGRITY •.. equal opportunity employer $ 15,000.00 $ 12,000.00 $ 5,289.00 $ 50,000.00 $ 24,000.00 150.00 150.00 600.00 107,287.40 50,000.00 24,000.00 900.00 600.00 10,000.00 DUNLEAVY DRAIN $1,215,530.60 1. CONSTRUCTION 2. ENGINEER'S DESIGN FEE $ 74,998.40 (Incl. Contract Administration) Resident Engineer Material Testing Soil Test Borings 3, INSPECTION 4. STAKING & LAYOUT 5. PUBLISHING Daily Tribune Mich. Cont. & Builder Bond. Buyer 6. BOND PRINTING 7. RIGHTS-OF-WAY (Incl. Cost of Negotiator) 8. BOND COUNSEL 9,225.00 9. FINANCIAL CONSULTANT 4,690.00 10. BOND PROSPECTUS 1,250.00 11. ACT 347 PERMIT 2,150.00 12. DRAINAGE BOARD MEETING COSTS 400.00 13. CAPITALIZED INTEREST (10% x 9 mo. x $1,690,000) 126,750.00 14. CONTINGENCIES (8.84%) 137,217.00 TOTAL ESTIMATED COST $1,690,000.00 Prepared by: James E. Deputy & Pemberton Chief Engineer December 4, 1975 DUN LEAV Y DPW 11,4 t I APPORTIOU MEAT: of Madison 14eight3 .. 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Kasper, McDonald Olson, PeTinoff, Wilson: (8 ) STRTE OF MICHIGAN ) . ) SS: COUNTY OF OAKLAND •) .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 by a two-thirds vote of the members elect at a regular meeting of the Oakland County Board of Commissioners, held on the day of r!.-. f 1975, the original of which is on file in my office IN WITNESS WHEREOF, I have hereunto affixed • my official