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HomeMy WebLinkAboutResolutions - 1970.09.03 - 166089:3 o'clock , Eastern September , 1970, a „ :presented the following resoiuzior„ Mr. Horton At a reguizir meeting of the B.o,arri orr=issioners or Ockienci County. Michigan, held in the Commissioners' Auditorium in the County Service in the City of Pontiac, Michigan, on Thursday the 3rd day Standard Time. -PRESENT: Aaron, Bawden, Benson, Brennan, Coy, Edwards, Gabler, Grba, Ham! jil, Horton, Houghten, Kasper, Mainland, Mastin, O'Brien, O'Donoghue, Olson, Patnales, Perinoff, Pernick, Powell, Richards, Richardson, Szabo, Walker, Wilcox, (26) ABSENT: Mathews. (1) Miscellaneous Resolution Nra 5473 Recommended by the Board of Public Work , Re: CLINTON-OAK -I.:AND SEWAGE DISPOSAL 'SYSTEM - WATERFORD .EXTENSIONS copy of which has been pent to each member of the Board of Commissioners. At 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 , 1970, at Standard Time PRESENT: the day of o'clock A.M. , Eastern ABSENT: Miscellaneous Resolution No Recommended by the Board of Public Works Re: CLINTON-OAKLAND SEWAGE DISPOSAL SYSTEM - WATERFORD EXTENSIONS • Mr. presented the following resolution, a copy of which has been sent to each member of the Board of Commissioners. I have two (2) Resolutions concerning the WATERFORD TOWNSHIP EXTENSIONS OF THE CLINTON-OAKLAND SYSTEM --- The first resolut.on serves to amend EXHIBIT "B" and EXHIBIT "C" which is the Estimate of Cost and Supplemental Bond Schedule. The Re'solution has been approved by both the Board of Public Works and the Public Works Committee and since the Resolution has previously been mailed to all members of the Board --- I respectfully request that reading of same be waived --- and move its adoption. (Vote on first Resolution — then present the second Resolution) 6 -:4;- (b) The second resolution is to do with the same project, and is to approve a Supplemental Bond Resolution for $4,150,000 of bonds. This resolution also has been approved by both the Board of Public Works and the Public Works Committee, since it too was previously mailed to all members of the Board --- I respectfully request that reading of same be waived and move its adoption. 47 C on .M., Eastern Standard Time, it was; the day of o'clock , 1970 at , supported by Thomas H. O'Donog_hue E. Frank Richardson Mahlon Benson, Jr. N. Grba At a meeting of the Public Works Committee of the Board of Commissioners held at that the attached Resolution, having previously been approved by the Board of Public Works, is approved by this Committee and transmitted to the Board of Commissioners with the recommendation that same be adopted. Yeas: Nays: 0 Absent: Motion( C Phase to the Contx-act Clintcn-OakianO .,tv bonds all o w. 'i,c)J,l_rd of ated Amr11 1, 1969, is between Oakland and the Chatex- Township of at such estimate ci>..f or actual accepted by oartles, ,C::erfc.r(1 and r)rov.1.--.H for and. financing of Waterford Extensions, • them to said Contract initdal said ne.w . subject to the aroval of th3 A -2. WHEREAS, the Bard of OAKLAHD COUNTY PrSEECT TO DISPC)::AL SYSTEM, has t-o this Board a Second Amended Exhibit 3 aol Supplempi= Dispc5a1 System, Waterford Exrn s .ons dated April. 1 1969, settinc.7 forth a revised extimate of and a schedule for Pull. c Works and by the Waterrd, which is party to ,57.7. Contr a ct; and and the 7fwArd. of Public Works in soon appr -oval did authorize the and Secreta'ry of the Board of Public Works to .c:.issioners; and W=REJAS, ther,,,, is said Second Amended Exhnit B and - Phase I to said Contract Clinton-OaRland Fa.je Waterto.rd. Ext at dated as of ia.ri I 1, 1969, which aew exhibits are as fc)Ilows: 838,152. 90 1,252,808.17 8 7 3, 4 E, 1,173,630, 95 1,323, 127, 13 1,579,586.80 -991,250. 76 493,437. 90 3,856,987. 00 Contract 1 — - Contract 2 • • . • — Contract 3 . - • • • Contract 4 . . . . Contract 5 . • — — Contract 6 . • . . . Contract 7 . . 0 . Contract 8 - • - • - • • Contract 9 Contract 10 $12,967,870. 81 Total Construction Cost PHASE I- $ 773,100. 00 391 0. C 4,000. 05 , 700, 0'0 194 , 0 0 . 00 324,200, 00 103,000. 00 , 550. 00 473,409. I Less 55% Grant based on eligible costs only ($1,121,600.00) _ 615 sn ,3. 0J Total Estimated Cost (Bond Issue) PHASE I $17,300,030, 00 August 17, 1970 ESTIMATE OF COST CLI Y. 7 ON -01T,,KLS-',1.-'0 SEWAGE DISPOSAL SYSTEM WATERFORD EXTENSIONS PHASE I (Based upon bids recicved August 12 and 17, 1970) Engineering - Bond Counsel ,. Local Attorney . . . Financial-- . • • • Administration . . Inspection . . Easement and Land Acquisition Soil Test Borings. . . Contingency . Sub Total — . . = $ 14 , 896, 830. 00 Sub -Total . . . . . = $14,280,003.00 Capitalized interest @ 8% for 24 months - = 2 72 C JIf Second Amended Exhibit "B" ' • 4, 670 , 0 tt 0 $18,400,000.00 2,5r0,(3C10.0: =$ 9,850,000.00 = $170D0,000.G 0 = 18 C-0,00 0 00 • 9 = $45,250,000.00 August 17, 1970 PHASE II Estimated Construction Cost, including estimated construction cost increase for 1 year ' gineering, Legal, Financial, Administration, inspection, Easements, Borings, Contingency and Capitalized interest @ 6% Total estimated cost Phase II Pl-TSE III Estimated Construction Cost, including estimated construction cost increase for 11 years Engineering, .Legal, Financial, Administration, Inspection, Easements, Borings, contingency and Capitalized interest @ 6% Total estimated cost Phase III SUMMARY OF PROJECT COST Total estimated cost (bond issue) Phase I Total estimated cost Phase II Total estimated cost Phase III Total estimated Project Cost (Bond Issue) i - $13,730,000.00 7,350,0G0.0o I hereby estimate the period of usefulness of the above project to be Fifty (50) years and upward. JOHNSON & ANDERSON, INC. i Melvin C. Strader, P.E.*--12410 Second Amended r.xhibit "B" Pace 2 166,000 (*) 166,000 (*) 166,000 166,000 164,000 162,000 160,000 157,000 153,000 149,000 145,000 141,000 137,000 133,000 129,000 124,000 119,000 114,000 108,000 102,000 96,000 90,000 84,000 77,000 70,000 63,000 56,000 48,000 40,000 32,000 24,000 16,000 8,000 $ 166,000 (*) 166,000 (c) 166,000 166,000 164,000 162,000 160,000 157,000 153,000 149,000 145,000 141,000 137,000 133,000 129,000 124,000 119,000 114,000 108,000 102,000 96,000 90,000 84,000 77,000 70,000 • 63,000 56,000 48,000 40,000 32,000 24,000 16,000 8,000 166,000 33%,000 380,000 376,000 372,000 420,00.7 402 000 3'04,500 38 1-7.,00 7 378,000 370,000 362,000 378,000 368,500 358,000 379,030 360,000 348,000 336,000 324,2C0 336,000 322,000 2'04,00D 304,000 288,00: 272,0 00 95;:,00D $4,150,000 $3,233,000 $3,2-33,000 $10,6L. 4u0;ust 27, 1970 7,7\7 7) sf: (7. '17: T S ,;7:< SVQ-,77 ,... TENTATIVE SCHEDULE OF PRTNCIPAT. AND TNTP.RESTI)ZOIMEN-TS Year • PAncipal IntereLl:. C 8% Tht.,-,1 Prtnopa Due May 1 Due May 1 Due Nov.1 1970 7971 1972 1973 1974 $ 50,000 1975 50,000 1976 50,000 1977 75,000 1978 100,000 1979 100,000 1980 100,000 1981 100,000 1982 100,000 1983 100,000 1984 100,000 1985 125,000 1986 125,000 1987 125,000 1988 150,000 1989 150,000 1990 150,000 1991 150,000 1992 150,000 1993 175,000 1994 175,000 1995 175,000 1996 175,000 1997 200,000 1998 200,000 1999 200,000 2000 200,000 2001 200,000 2002 200,000 2003 _200,.00,0 (*) Capitalized Interest DT-7 7',S SUOPLEMENTA L - - \ Harry° HontOn, Chairman /./ s-7.71 //. . , . lathes M. Brennan Wkiliarn M. Richards , , , , . ' I', ,,. , :--27,777 ./.---,,,,- .,,7-- 2 --"--/ — / E. Frank Richatdson ../7) Mahlon Benson, Jr. Thomas H. O'Donoghue N.).ADa rent -Forth on Exhibit that the said fulness as set the. '.',.:..pplemental be approved I Sd. and the County Clerk is hereby authorized so endorse on said new exhibits fFi.ct of sto-h pproval and return -f,L same to the Board. of Public: BE IT FURTNE that the and Secretary of the of Public Works they ate hereby authorized and dire ,u'-ed o initlai and attach said new exhibits, or of said County of Oakland to said Contract dated April 1, 1969, between the County of Oakland md. the (.::eater Township of Waterford, 3rd A.D. 1970. day of September Clerk signature this J71.03 Moved by Horton supported by Aaron the resolution be adopted. A sufficient majority having voted therefor, the resolution was adopted, STATE OP firCHICAN-) - ) COUNTY 9P -0A1O-AND )- I th undersigned, the duly quelified and acting County Clerk of the County of Oakland, do hereby certify that the foregoing is a true and complete copy of a resolu“on adopted by the Board of Commissioners at a regular meeting of said Board, held 611 the 3rd day of September , 1970, the original of which is on file in my office. IN .WITNESS WEREOF I have 11.to affixed my official