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HomeMy WebLinkAboutResolutions - 1990.06.14 - 16802June 14, 1990 FINANCE COMMITTEE - DR. G. WILLIAM 'CADDELL, CHAIRPERSON MISCELLANEOUS RESOLUTION #90122 SOLID WASTE PROGRAM FUNDING, VOTER-APPROVED BONDS TO THE OAKLAND COUNTY -BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: The Finance Committee, having reviewed Miscellaneous Resolution 490122, "Solid Waste Program Funding, Voter -Approved Bonds," reports with the recommendation that said resolution be adopted. Mr. Chairperson, I move acceptance of the foregoing report. FINANCE COMMITTEE Committee Vote: Motion carried on a roll call vote with Caddell voting No and Bishop absent. REPORT BY: IN RE: I move the adoption of t..11,e,,foxegoi resolution. LSEN SIONER DISTRICT #17 May 24, 1990 MISC. RES. /P)0122 BY: COMMISSIONER JOHN E. OLSEN RE: SOLID WASTE PROGRAM FUNDING, VOTER-APPROVED BONDS TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS MR. CHAIRPERSON, LADIES AND GENTLEMEN: WHEREAS, disposal of the County's solid waste has become a most pressing concern of Oakland County Government, and in addressing this concern the County is proposing a comprehensive solid waste program which will be the most monumental financial program undertaken in Oakland's history, and WHEREAS, the citizens of our County, like those in the rest of our State and Nation, have been communicating their desire for programs which will safeguard the environment, and have been equally vociferous in their demand for tax restraint, and WHEREAS, it is anticipated that the revenue generated from the use of this system will fully cover the payment of the bonded indebtedness and operating cost of the program, and should result in minimal, if any, use of general fund tax dollars, and WHEREAS, however, in this era of high-taxation there is a public perception of disenfranchisement from a voice in how its tax dollars are obligated and spent, and a failure to allow a vote of the people on this bonded indebtedness will only lead to a furtherance of citizen distrust of their government. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners does hereby instruct the County Clerk to place the question of the issuance of General Obligation Bonds to cover the cost of construction of the Oakland County's Solid Waste program in wide election ballot. an amount not to exceed $500 Million before the voters on a count/y- / W90122 May 24, 1990 The Chairperson referred the resolution to the Planning and Building Committee and the Finance Committee. There were no objections.