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February 6, 1975
REPORT
B y Mr. Nowak
IN RE: MISCELLANEOUS RESOLUTION /16955 - EDWARDS RELIEF DRAINS
To the Oakland Cimflty Board of C.-:.1 -1T,sirs
Mr, Chirr.7:.Th, Ladies
The Planning and Building
by Patrick M. Nowak
Reolution No,. 6 955 with the
be ,7.:doptc,
PLANNING AND BU11,,DING COMMITTEE •
• Patrick N. Nowak, Chairman
RESOLUTION NO. 6955 Jonuory 23, 1975
By : PLANNING & BUILDING COMMITTEE - PatrkJ< M. Nowak, Chairman
IN RE: EDWRDS RELIEF DRAINS
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
MR. CHAIPEAN, LADIES AND GENTLEMEN:
WHEREAS, this Board of Commissioners, by resolution adopted
November 7, 1974, pledged the full faith and credit of the County of
Oakland to the prompt payment of the principal of and interest on the
Drain Bonds to be issued by the Edwards Relief Drains Drainage Dis-
trict; and
WHEREAS, the Drainage Board for said Drainage District, by
resolution adopted November 18, 1974, amended the resolution authoriz-
ing the issuance of said bonds to adjustthe maturity schedule; and
WHEREAS, it is therefore necessary for this Board of Commis-
sioners to reaffirm its pledge of the full faith and credit of the
. County on said Drain Bonds.
NOW, THEREFORE, BE IT RESOLVED, that this Board of Commis-
sioners does hereby reaffirm its pledge of the full faith and credit
of the County of Oakland for the prompt payment of the principal of
and interest on the $7,000,000 Edwards Relief Drains Drainage District
Drain Bonds to be dated FebruarY 1, 1975.
Planning and Buildir
MR. CHAIRMAN, on behalf of the .ioxW& Committee, I
move the adoption of the foregoing resolution.
IMEigffra;'WV*Sx443XVICRI3M
PLANNIAND BUILDING COMMITTEE -
"C,FiTi7irTa-n- -7771-FWW. -R7C'vat: -
APPROVE THE FC7COING RESOLUTION
ADOPTED: Yeas — Douglas, Dunleavy, Fortino, Gabler, Hoot, Houghten, Kasper,
McDonald, Montante, Nowak, Olson, Page, Patterson, Perinoff, Pernick,
Roth, Wilcox, Vinson,- Aaron, Button, Daly, Dearborn. (22)
Nays — None. (0)
Absent — Coy, Lennon, Moffitt, Price, Simmons. (5)
-2- .
Board of Commissioners, held on the February , 1975,. 6th day
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
the original of which is on file in my office.
IN WITNESS WHEREOF, I have hereunto affixed my official
signature this 6-th . day of Febar AD , 1975,
Lynn D. Al len, County Clerk
#6955
The Chairman announced pursuant to Rule XI-E the matter
shall be laid over to the next regular Board meeting.