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HomeMy WebLinkAboutResolutions - 1975.07.10 - 14618,e6C, nif61 T. Murp Date July 10,1975 MISCELLANEOUS RESOLUTION 7179 BY: RICHARD R. WILCOX, CHAIRMAN FINANCE COMMITTEE IN RE: BID SPECIFICATIONS - REGRESSION ANALYSIS TO: THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairman, Ladies and Gentlemen: WHEREAS the Oakland County's Equalization Master Appraisal System consists OF 100,400 records with an immediate future potential of an additional 50,000 records; and WHEREAS the Equalization Division of the Department of Management & Budget of Oakland County feels that in order to continue its function of assuring uniform and equitable assessing with the County of Oakland and respond to the demands of a fast growing community, it is required to further develop and keep abreast with the rapid growing technology in the Assessment field; and WHEREAS in order to uphold our high quality standards at prices that each assessing district can afford, it is necessary for the Equalization Division of the Department of Management & Budget to turn to Multiple Regression Analysis to- gether with a system that computes property value by selecting and analyzing com- parable sales; and WHEREAS the Equalization Division of the Department of Management & Budget wishes to request bids for proposed systems relating to the Market Valuation of Residential Real Property and Valuation of Commercial/Industrial Real Properties; and WHEREAS the cost of this program would be reimbursed to the County from Assessing districts using this system. NOW THEREFORE BE IT RESOLVED that the Equalization Division of the Depart- ment of Management and Budget be and is hereby authorized to advertise and receive bids for a Multiple Regression Analysis system. The Finance Committee, by Richard R. Wilcox, Chairman, moves the adoption of the foregoing resolution. Finance Committee Richard R. Wilcox, Chairman I HEREKAPPROVE THE FOREGOING RESOLUTION #7 17 9 July 10, 1975 Moved by Wilcox, supported by Roth the resolution be adopted. Discussion followed. AYES: Wilcox, Wilson, Button, Daly, Douglas, Dunleavy, Gabler, Kasper, McDonald, Moffitt, Nowak, Patterson, Perinoff, Roth. (34) NAYS: Aaron, Fortino, Hoot, Houghten, Lennon, Montante, Pernick, Price. (8) A sufficient majority having voted therefor, the resolution 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 PP. /i7J79..PAIRtc.1 .1--nn Pf C971115* iRrAte:4 .............. .......... ....... 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 11th day of biL.0 Lynn D. ..... By Deputy Clerk this