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HomeMy WebLinkAboutResolutions - 1975.02.20 - 14569The Finance Committee, Richard R. Wilcox , Chairman, reports Miscellanaous by February 20, 1975 REPORT By Mr. Wilcox iN RE: MISCELLANEOUS RESOLUTION #6971 - FINANCING OF OAKLAND COUNTY MEDICAL CARE FACILITY To the Oakland County Board of Commissioners t,11- Chairman, Ladies and Gentlemen: Resolution No. 6971 , be adopted. with the recommendation that the resolution FtNANCE COMMITTEE Richard R. Wilcox, Chairman 6971 February 6, 1975 Miscellaneous Resolution BY: FINANCE COMMITTEE - Richard R, Wilcox, Chairman IN RE: FINANCING OF OAKLAND COUNTY MEDICAL CARE FACILITY TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr, Chairman, Ladies and Gentlemen: WHEREAS the Board of Commissioners, by virtue of Miscellaneous Resolution #6257 dated March 15, 1973, earmarked certain funds totaling $1,500,000 in anticipation of cash financing the construction of the County Medical Care Facility; and WHEREAS Miscellaneous Resolution #6737 adopted by the Board of Commissioners on June 20, 1974 directed the Board of Auditors to negotiate a ground lease and lease back agreement with the Oakland County Building Authority for the construction of the Medical Care Facility; and WHEREAS, pursuant to Miscellaneous Resolution #6737 cind upon adoption of Miscellaneous Resolution #6811, as amended, the Board of Commissioners awarded the construc- tion contract for the Medical Care Facility to Askenazy Construction Company; and WHEREAS the action taken in Miscellaneous Resolution #6257 is in conflict with Miscellaneous Resolution #6737 and the 1974-78 Capital Improvement Program as adopted by the Board of Commissioners. NOW THEREFORE BE IT RESOLVED that Miscellaneous Resolution #6257 is hereby rescinded, and the funds earmarked for the Medical Care Facility are released for the planned Capital Improvement projects. BE IT FURTHER RESOLVED that the Office of the Civil Counsel is authorized to proceed with the necessary arrangements for the sale of bonds and completion of legal requirements with the Oakland County Building Authority, The Finance Committee, by Richard R. Wilcox, Chairman, moves the adoption of the Foregoing resolution. FINANCE COMMITTEE Richard R. Wilcox, Chairman EBY APPROVE THE F017FGOING RESOLUTION a.•\ Dar0 6971 The Chairman announced pursuant to Rule XI -E the matter shall be laid over to the next regular Board meeting. #6971 Moved by Wilcox supported by Patterson the resolution be adopted, AYES: Wilson, Aaron, Button, Coy, Daly, Dearborn, Douglas, Dunleavy, Fortino, Hoot, Houghten, Lennon, McDonald, Moffitt, Nowak, Olson, Page, Patterson, Perinoff, Pernick, Price, Roth, Simmons, Wilcox. (24) NAYS: Gabler, Kasper, Montante. (1) A sufficient majority having voted therefor, resolution #697I 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 Resolution #6971 adopted by the Oakland County Board of Commissioners ......... ..... ........ ..... ...... ....... .......... ......... ....... at their meeting held on February 20, 1975 with the original 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 21st February 19 75 ... ...... ...... day Lynn D. Allen Clerk By Deputy Clerk