Loading...
HomeMy WebLinkAboutResolutions - 1970.12.17 - 16385At a regular meeting of the Board of Commissioners of Oakland County, Michigan, held in the Commissioners Auditorium in the County Service Center, in the City of Pontiac, Michigan, on Thursday 17th December . the day of , 1970, at )FTMIS4 7:00 P.M. o'ciock Av&., Eastern Standard Time. PRESENT: Aaron, Bawden, Benson, Brennan, Coy, Edwards, Gabler, Grba, Horton, Houghten, Kasper, Mainland, Mastin, Mathews, O'Brien, O'Donoghue, Olson, Patnales, Perinoff, Pernick, Powell, Richards, Richardson, Szabo, Walker, Wilcox. (26) ABSENT: Hamlin. (1) - ;-/ Misc. 5566 Recommended by Board of Public Works Re: Milford Sewage Disposal System Extension No. 1 Submitted by Mr. Horton Mr. Chairman, Ladies and Gentlemen: I offer the following resolution, which was approved and recommended by the Board of Public Works: Resolution propoL;ed by Oakland, County Board of Public Works with respect to Milford Sewage Disal System - Sewer Extensions by resolution, Miscellaneous No 4444,, adopted on April 27, 1965, established the Milford Sewag Disposal System to serve certain areas in the Village of Milford and environs designated as the Milford Sewage Disposal District and the Coun ty of Oakland through its Board of Public Works did contract with the Village of Milford under date of May 1, 1965, in respect to the construction, operation and financing of said system; and WHEREAS, the Oakland County Board of Supervisors by resolu- tion, Miscellaneous No, 4420 adopted On February 23, 1965, as amended, N WHEREAS, the Board of Public Works has now submitted to this Board plans and specifications for the Milford Sewage Disposal System - Sewer Extensions an estimate of cost and an estimate of the period of usefulness thereof, prepared by Hubbell, Roth & Clark, registered professional engineers, all of which have been approved by the Board of Public Works; and ! WHEREAS, the Oakland County Board of Public Works on November 23, 1970, did approve a new form of Contract to be dated as of September 1, 1970 0 between the County of Oakland and the Village of Milford providing for the •0 onstruction, operation and financing of the Sewer • Extensions to the Milford Sewage Disposal System and did authorize the Chairman and Secretary.of.the Board of Public Works to execute said...Contract subject to the approval. of this Board of Commissioners; and • WHEREAS, the Village of Milford constitutes the only party needed to contract with the County for 100% of the cost of the project; and NOW THEREFORE BE IT RESOLVED,, that the said plans and \ specifications estimate of cost and estimate of period of useful- ness be approved and the County Clerk i hereby authorized to endorse on said plans and specifications and estimates the fact of such approval and return same to the Board of Public Works BE IT FURTHER RESOLVED, that the Chairman and Secretary of the Board of Public Works be and they are hereby authorized and directed to execute and deliver on behalf of said County • of Oakland, the Contract to be dated as of September 1, 1970, between the County of Oakland and the Village of Milford, which reads as follows: MILFORD SEWAGE DISPOSAL SYSTEM SEWER EXTENSIONSICONTRACT THIS CONTRACT, made as of the 1st day of September, 1970, by and between the COUNTY OF OAKLAND, a Michigan county corporation (hereinafter called the "county") by and through its Board of Public Works (hereinafter referred to as the "board"), party of the first part and the VILLAGE OF MILFORD, a village corporation in the County of Oakland Thereinafter called the "municipality"), party of the second part: WITNESSET H: WHEREAS, the Oakland County Board of Supervisors by Resolution Misc. No 4420, adopted on February 23, 1965,. did approve of establishment of the Milford Sewage. Disposal System to serve the Milford Sewage Disposal District, within which district lies all of the municipality and WHEREAS, Act No 185 of the Michigan Public Acts of 1957, as,amended, grants to the Board of Public Works in any county having a Department of Public Works, the power to acquire sewage disposal systems as defined in said Act and to improve, enlarge and extend any system acquired pursuant thereto; and WHEREAS, the County of Oakland, through its Board of Public Works, has acquired and constructed the said Milford Sewage Disposal System pursuant to the Milford SewageDisposal System Contract, dated May 1, 1965, between the County of Oakland and the Village of Milford (said contract hereinafter referred to as the "Base Contract"); and • WHEREAS, by the terms of said Act No 185 the county and the municipality are authorized to enter into a.contract_for the acquisition, improvement, enlargement or extension of a sewage_dis- posal system and for the payment of the cost thereof by the munici- pality with interest, over ,a period not .exceeding forty (40) years, and the county is then authorized, pursuant to appropriate action of its Board of Commissioners, to issue its .bonds to provide the funds therefor, secured by the full faith and credit contractual obligation of the municipality, and upon affirmative vote of three- fifths (3/5ths) of the members elect of the Board of Commissioners, • by the full faith and credit pledge of the county; and WHEREAS, it is now necessaryfor the public health and welfare of the present and future residents of the municipality to extend, improve and enlarge the said Milford Sewage Disposal System. in the municipality by the acquisition: and construction of the so-called Sewer Extensions under the provisions of said Act No, 185 . and to issue one or more series of county bonds to finance said Sewer Extensions inanticipation of the collection by the county. of amounts to become due from the municipality under this contract. between the county and the municipality; and WHEREAS, no other municipality in the Milford Sewage Dis- posal District will be affected by the construction of said Sewer Extensions; and WHEREAS, in order to issue such bonds, it is necessary that the county and the municipality enter into this contract. NOW, THEREFORE, in consideration of the premises and the covenants of each other, the parties hereto agree as follows: 1. The county and the municipality hereby approve the extension, improvement and enlargement of the Milford Sewage Disposal System by the acquisition and construction of sewage dis- posal facilities to serve the municipality, under and pursuant to the provisions of Act No 185 of the Michigan Public Acts of 1957, as amended. The sewage disposal facilities to be acquired and constructed are hereby designated the 7Sewer Extensions of the Milford Sewage Disposal System". 2. The facilities constituting the entire Sewer Exten- sions project and their general location within the municipality are shown on Exhibit "A" which is attached hereto and by this reference is made a part hereof. The ,Sewer Extensions of the Milford Sewage Disposal System are hereafter sometimes referred to as the "project." 3. The county and the municipality hereby approve and adopt the estimate of the total cost of the project in the amount set _forth on Exhibit "B" attached hereto, and the estimate of 50 years and upwards as the period of usefulness of the project, all as prepared by the consulting engineers 4. Alter the execution of this contract by the county and the municipality, the board shall take the following steps; (a) Order final plans and specifications for the project from the consulting engineers. (b) Submit to the Board of Commissioners of Oakland County a resolution, duly approved and reoced by the Board, providing for the issuance of bonds in one or more series in the aggregate principal amount necessary to finance the acquisition of the project as shown on Exhibit uB" or such different amount reflecting any revision in the estimate of the cost of the project as may be agreed upon by the parties hereto, or reflecting the amount of other funds available to pay the cost of the project, maturing serially as authorized by law, over a period of not to exceed forty (40) years, which bonds will be secured primarily by the payments hereinafter provided to be made by the municipality, to the making of which its full faith and credit is hereby pledged, and secondarily, if approved by a three- fifths (3/5ths) majority of the members elect of the Board of Commissioners, by the full faith and credit of the County of Oakland. (c) After the Board of C .,[nssioners of Oakland County has adopted the bond resolution, the board will take all necessary procedures to obtain the approvals necessary to the issuance of the bonds by the Municipal Finance Commission of the State of Michigan, obtain construction bids for the project and enter into construction contracts with the lowest responsible bidders, and sell and deliver the bonds in the manner authorized by law. (d) After the issuance of said bonds and the execution of construction contracts, the board shall cause the project to be con- structed within a reasonable time and do all other things required of it under the provisions of Act No, 185 of the Public Acts of Michigan, 1957,, as amended. 5. It is understood and agreed by the parties hereto that the project is to serve the municipality and not the individual property owners and users thereof, unless by special arrangement between the board and the municipality The responsibility of requiring connection to and use of the facilities of the project and of providing such additional facilities, as may be needed, shall be that of the municipality which shall cause to be constructed and maintained, directly or through the county, any such necessary additional facilities. The county shall not be obligated to acquire or construct any facilities other than those designated in para- graph 2 hereof. The project is an improvement, enlargement and extension of the Milford Sewage Disposal System and the ease Con- tract shall apply thereto except.. asthe same may be specifically modified herein for specific application to the project, and, in particular the provisions of paragraphs 6 and 8 of the Base Contract shall apply hereto as though set forth in full herein. The county hereby agrees that it will secure, or cause to be secured, and maintained during the period of construction adequate property damage and public liability insurance covering all facilities to be constructed pursuant to this contract. All policies of insurance shall provide that the county and the munici- pality shall be insured parties thereunder and shall contain a provision requiring that the municipality be notified at least ten. days prior to cancellation thereof. One copy of each policy of insurance shall be filed with the municipality. 6. The municipality shall pay to the county the entire cost of the project. The term "cost" as used herein shall be construed to include all items of cost of the type set forth on Exhibit "B" attached hereto and any other items of cost of a similar nature as may be set forth in any revision of said Exhibit "B" agreed to by the parties hereto, incurred by the county in acquiring and constructing the project. The cost of the project will be represented by one or more series of bonds to be issued by the county as provided in paragraph 4 in the aggregate principal amount not to exceed the cost of the project, or any portion there- of, as determined or estimated at the time or times of such issuance. The municipality covenants and agrees to remit the principal and interest payments on said bonds so issued and the paying agent fees and other charges to service said bonds (herein called "bond service charges"), as hereinafter provided, which interest payments shall be determined by applying to said principal payments the rate or rates of interest borne by the county bonds when sold and delivered. Shown. on Exhibit "C" is the schedule of annual principal payments to be made by the municipality. Immediately upon the issuance of said bonds by the county to finance the cost of the project or any part thereof, the board shall notify the municipality, by written communication addressed to its treasurer, of the schedule of payments of the principal of and interest on the bonds so issued and of the bond service charges to be paid by the municipality. The municipality hereby covenants and agrees, not less than thirty (30) days prior to the due date of any principal of or interest on such bonds, to remit to the county sufficient funds to pay the same: along with any bond service charges then due. The obligations herein expressed shall be applicable to all bonds issued by the county to construct and com- plete the project, or any part thereof, whether issued at one time or more than one time. It is assumed that the aggregate principal amount of all bonds issued will represent the cost of the project. If funds are available from the municipality or any other source to pay the cost of the project or any portion thereof, prior to the issuance of bonds, then the obligation of the municipality shall be adjusted and limited accordingly. If the municipality shall fail to make any of such payments when due, the amount there- of shall be subject to a penalty of one-half of one percent (1/2 of 1%) for each month or fraction thereof that the same remains unpaid after the due date. The municipality may pay in advance of maturity all or any part of an annual installment due the county, (1) by surrendering to the county, bonds issued hereunder of a like principal amount maturing in the same Calendar year, with all future due interest coupons attached thereto, or (2) by payment in cash - of the principal amount of bonds to be called plus all interest to the first day on which such amount of bonds can be called and the amount of premium and charges necessary to call such amount of bonds on such date. 7. After completion of the project and payment of all costs thereof, any surplus remaining from the sale of the bonds therefor shall be used to call such bonds as are callable or to purchase bonds on the open market and in such event the con- tractual obligation of the municipality in respect to the project shall be reduced by the principal amount of bonds so called or purchased, said reduction to be applied as to year, in accordance with the year of the maturity of the bonds so called or purchased. Any bonds so called or purchased shall be cancelled. In the alternative, said surplus may be used at the request of the muni- cipality and upon approval by the Oakland County Board of Commis- sioners, to improve, enlarge or extend the project. 8. If the proceeds of the sale of the original bonds to be issued by the county to finance the project, or any part thereof, are for any reason insufficient to complete the project in accordance with the plans and specifications therefor,. the board shall, if necessary, submit to the Board of Commissioners of Oakland County a resolution providing for the issuance of additional bonds in an amount necessary to provide funds to complete the pro- ject in which event the duties and obligations of the board and the municipality as expressed and set forth in this contract shall be applicable to such additional issue of bonds as well as the original issue, it being at all times fully recognized and agreed that the payments to be made by the municipality, in the manner specified in paragraph 6 of this contract, shall be based upon the aggregate amount of the bonds outStanding, In lieu of the issuance of such additional bonds, any other method may be agreed upon by the county and the municipality to provide the necessary funds to complete the project. 9. The municipality, pursuant to the authorization of paragraph (2), Section 12 of Act 185, Public Acts of Michigan, 1957, as amended, does hereby pledge its full faith and credit for the prompt and timely payment of its obligations expressed in this contract and shall each year, commencing with the year prior to the year that it will first be required to make payments to the county in accordance with the provisions of paragraph 6 of this contract, levy a tax in an amount which, taking into consideration estimated delinquencies in tax collections, will be sufficient to pay its obligations under this contract becoming due before the time of the following year's tax collections: PROVIDED, HOWEVER, that if at the time of making such annual tax levy there shall be other funds on hand earmarked and set aside for the payment of such 'contractual obligations falling due prior to the next tax collec- tion period, then the annual tax levy may be reduced by such amount. Such other funds may be raised in the manner provided in said para- graph (2), Section 12 of Act 185, Public Acts of Michigan, 1957, or any amendments thereto. 10. This contract is contingent upon the county issuing its negotiable bonds as Set forth in subparagraph (b) of paragraph • . . • • . . 4 of this contract, to defray the estimated cost of the project, or a part of the project, which bonds shall be issued under the authorization provided in paragraph (1), subparagraph (D), Section 11 of said Act 185, Public Acts of Michigan, i957 as amendeth 11. The municipality consents to the establishment and location of the project within its corporate limits and consents to the use of the streets, alleys and public places of the munici- pality for the location, construction, repair, replacement, main- tenance and use of the sewage disposal facilities of the project After completion, the project shall be used for the collection of sanitary sewage within the municipality and the transportation of said sanitary sewage to the treatment facilities of the Milford System for ultimate disposal. Upon completion of the project the county hereby leases the facilities constituting the project to the municipality upon the same terms and conditions as are set forth in paragraph 13 of the Base Contract. The municipality agrees to lease the project from the county upon said terms and conditions and for the period of the Base Contract and agrees to pay the sum of $1,00 per year on January 1st of each year commencing January - 1, 1972, and in addition to perform its covenants and agreements set forth in this contract and the Base Contract as a-rental for said project, 12, The county and the municipality recognize that the holders from time to time of the bonds issued by the county under the provisions of said Act 185, Public Acts of Michigan, 1957, as amended, and secured by the full faith and credit pledge of the municipality to the making of its payments as set forth in this contract, will have contractual rights in this contract and it is therefore covenanted and agreed by each party that so long as any of said bonds shall remain outstanding and unpaid, the provisions of this contract shall not be subject to any alteration or revision which would in any manner affect either the security of the bonds or the prompt payment of principal or interest thereon, The munici- pality and the county further covenant and agree that they will comply with their respective duties and obligations under the terms of this contract promptly, at the times and in the manner herein set forth, and will not suffer to be done any act which would in any way impair the said bonds, the security therefor, or the prompt payment of principal and interest thereon. It is hereby declared that the terms of this contract in as far as they pertain to the security of any such bonds, shall be deemed to be for the benefit of the holders of said bonds. 13. This contract shall become effective upon approval by the legislative body of the municipality, by the Board of Public Works of Oakland County, and by the Board of Commissioners of Oakland County, and duly executed by the authorized officerS of the municipality and of the Board of Public Works. It shall terminate when the Base Contract terminates. This contract may be executed in several counterparts. The provisions of this contract shall be in full force and effect and binding upon the successors and assigns of the parties hereto. IN WITNESS WHEREOF, the parties hereto have caused this contract to be executed and delivered by their respective duly authorized officers, all as of the day and year first above written, COUNTY OF OAKLAND By Its Board of Public Works By By Chairman Sec.; etary VILLAGE OF MILFORD By President Village Clerk LOCATION MAP <MD SWAMI? ST \, DE TROIT \-\ \ 1/2 COMMERCE - t ' . I o \ I z II it 1 n Thc R-TY ST _ RIVER WATER ; I >I i 1 Z ' FiUR ST .121•I NINO 11111111111 MONO OMEN, ORM& AUGUST 1, 1970 PRE -RED Es'Y HUB Li. R:.)TH e C, 3LOONIFIEj....0 WLLL,M1,riVA 3x7 MON' 1111111.110 401011., IMMO II -6" ; TAI L FOND tiuRON • 2 \ \ \ ; \ , ! - ! L- - ST • \, ft - INTERCEPTOR LATERAL -..••• EXHIBIT "A" MILFORD SEWAGE DISPOSAL SYSTEM EXTENSION NO. I VILLAGE OF MILFORD OAKLAND COUNTY, MICHIGAN MILFORD SEWAGE DISPOSAL SYSTEM - EXTENSION NO. I ESTIMATE OF COST INTERCEPTOR SEWER 1847 L. F. 18" Sanitary Sewer @ $ 27.00/1.. F. = $ 49,869.00 1853 L. F. 15" Sanitary Sewer @ 25.00/L. F. = 46,325,00 3387 L. F. 12" Sanitary Sewer @ , 22.00/L. F. = 74,514,00 33 Each @ 600.00/Each = 19,800.00 Lump Sum = 25,000.00 SUB-TOTAL $215,508.00 LATERAL SEWERS 2301 L. F. 10" Sanitary Sewer @ 21.00/L. F. = $ 48,321.00 2344L. F. 6" House Lead @ 12.00/L. F. = 28,128,00 10 Each Manholes Qz_n 600.00/Each = 6,000.00 1 Each Drop Manhole @ 800.00/Each = 800.00 SUB-TOTAL 83,249.00 SUB-TOTAL CONSTRUCTION COST $298.757.00 ENGINEERING = $ 25.850.00 INSPECTION = 9,000.00 LEGAL = 3,650.00 FINANCIAL 3,420.00 ADMINISTRATION = 9,000.00 SOIL BORINGS 1,000.00 EASEMENTS 2,500.00 CONTINGENCY 28,427,00 SUB-TOTAL $381,604.00 Capitalized Interest 7.5% for 18 months on $430,000.00 48,396.00 TOTAL PROJECT COST $430,000.00 I hereby estimate the period of usefulness of this facility to be forty (40) years and upwards. HUBBELL, ROTH & CLARK, INC, By: George E. *113 C No. 2249 EXHIBIT "B" October 1, 1970 MILFORD SEWAGE DISPOSAL SYSTEM EXTENSION NO. 1 Tentative Schedule of Principal and Interest Payments Year Principal Due May 1 Interest @ 6 1/2% Due Nov. 1, Total Principal And interest 1971 1972 1973 $ 15,000 1974 15,000 1975 15,000 1976 15,000 1977 15,000 1978 15,000 1979 20,000 1980 20,000 1981 20,000 1982 20,000 1983 20,000 1984 20,000 1985 20,000 1986 25,000 1987 25,000 1988 25,000 1989 25,000 1990 25,000 1991 25,000 1992 25,000 1993 25,900 $ 13,975.00 (*) 13,975.00 (i9 13,975.00 13,487.50 13,000.00 12,512.50 12,025.00 11,537.50 11,050.00 10,400.00 9,750.00 9,100.00 8,450.00 7,800.00 7,150.00 6,500.00 5,687.50 4,875.00 4,062.50 3,250.00 2,437.50 1,625.00 812.50 $ 13,975.00 (*) 13,975.00 13,487.50 13,000.00 12,512.50 12,025.00 11,537.50 11,050.00 10,400.00 9,750.00 9,100,00 8,450.00 7,800.00 7,150.00 6,500.00 5,687.50 4,875.00 4,062.50 3,250.00 2,437.50 1,625.00 812.50 $ 13,975.00 42,462,50 Al1,487.0 40,512.50 39,537.50 38,562.50 37,587.50 41,450.00 40,150.00 38,850.00 37,550.00 36,250.00 34,950.60 33,050.00 37,187.50 35,562.50 33,937.50 32,312.50 30,687.5 29,062.50 27,427.50 25,812.50 $430,000 $169,487.50 $169,487.50 $768,975.00 (*) Capitalized Interest EXHIBIT arrY W/ Horton, Chairman - / James M. Brennan /- William M. Richards ' Mahlon Benson, Jr. /0 BE IT FURTHER RESOLVED, that the officers of the Board of Public Works are authorized to execute and deliver such number rnntract as they may deem advisable. PUBLIC WORKS COMMITTEE E. Frank Richardson Mr. moved the adoption of the Horton Nays: None. (0) foregoing resolution. The motion was supported by Mr. Mainland On roll call the resolution was adopted by the following vote; Yeas: Aaron, BaWden, Benson, Brennan, Coy, Edwards, Gabler, Grba, Horton, Houghten, Kasper, Mainland, Mastin, Mathews, O'Brien, O'Donoghue, Olson, Patnales, Perinoff, Pernick, Powell, Richards, Richardson, Szabo, Walker, Wilcox. (26) Absent: Hamlin. (1) 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 the Board of Commissioners at a regular meeting of said Board, held on the 17 th day of December on file in my office , 1970, the original of which is IN WITNESS WHEREOF, I• have hereunto affixed • my official signature this 17th day of December , A.D. 1970. Lynn D. AlTen, County Clerk STATE OF MICHIGAN ) 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 the Board SS: of Commissioners at a-regular 17th day of December. on file in my office meeting of said Board, held on the , 1970, the original of which is IN WITNESS WHEREOF, 1- have hereunto affixed my official signature this 17th day o f December A.D. 1970. Lynn D. Al len, County C erk