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HomeMy WebLinkAboutResolutions - 1988.04.28 - 17475Miscellaneous Resolution # 88097 1988 - BY: PLANNING & BUILDING COMMITTEE, Anne M. Hobart, Chairperson IN RE: DRAIN COMMISSIONER - WEST BLOOMFIELD WATER SUPPLY SYSTEM SECTION XII TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: WHEREAS, the County of Oakland (The "County") heretofore has established the West Bloomfield Water Supply System (the "System") pursuant to the provisions of Act No. 185, Public Acts of Michigan, 1957, as amended, and has acquired and constructed several sections of the System pursuant to contracts between the County and the Charter Township of West Bloomfield (the "Township"); and WHEREAS, it is now necessary to improve, enlarge and extend the System by the acquisition and construction of the hereinafter described West Bloomfield Water Supply System Section XII; and WHEREAS, by the terms of Act 342, Public Acts of Michigan, 1939, as amended ("Act 342"), the County and the Township are authorized to enter into a contract for the acquisition, construction and financing of the West Bloomfield Water Supply System Section XII consisting of water supply facilities to serve the Township and for the payment of the cost thereof by the Township, with interest, and the County is then authorized to issue its bonds to provide the funds necessary therefor; and WHEREAS, there has been submitted to this Board of Commissioners a proposed contract between the County, by and - through the County Drain Commissioner, County Agency, party of the first part, and the Township, party of the second part (the "Contract"), which Contract provides for the acquisition, construction and financing of the West Bloomfield Water Supply System Section_XII, and which Contract is hereinafter set forth in full; and WHEREAS, there also have been submitted for appro- val and adoption by this Board of Commissioners, preliminary plans, specifications and estimates of the cost. and period of usefulness of the West Bloomfield Water Supply System Secti THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMIS- SIONERS OF OAKLAND COUNTY, MICHIGAN, as follows: 1. ESTABLISHMENT OF SYSTEM AND DESIGNATION OF -.COUNTY AGENCY. This Board of Commissioners by majority vote of its members-elect hereby authorizes and directs that there be established, and there hereby is established, under and pursuant to Act 342, a system of water supply facilities to be known as the "West Bloomfield Water Supply System Section XII," which shall consist of water supply facilities to serve the Township as specified and to be located as shown in Exhibit A to the Contract; that the Oakland County Drain Commissioner is designated and appointed as the "County Agency" for the West Bloomfield Water Supply System Section XII; that the County Agency shall have all the powers and duties with respect to the West Bloomfield Water Supply System Section XII as are provided by law and on xTT. -2- especially by Act 342; and that all obligations incurred by the County Agency with respect to the West Bloomfield Water Supply System Section XII, unless otherwise authorized by this Board of Commissioners, shall be payable solely from funds derived from the Township in accordance with the Contract. 2. PLANS AND SPECIFICATIONS - ESTIMATES OF PERIOD OF USEFULNESS AND COST. The preliminary plans and specifi- cations for the West Bloomfield Water Supply System Section XII and the estimates of $2,575,000 as the cost thereof and of 40 years and upwards as the period of usefulness thereof, as submitted to this Board of Commissioners, be and the same are approved and adopted. 3. APPROVAL OF CONTRACT. The West Bloomfield Water Supply System Section XII Contract dated as of May 1, 1988 between the County, by and through the County Drain Commissioner, County Agency, party of the first part, and - the Township, party of the second part, which Contract has been submitted to this Board of Commissioners, be and the same is approved and adopted, and the County Drain Commis- sioner is authorized and directed to execute and deliver the same for and on behalf of the County, in as many counter- parts as may be deemed advisable, after the Contract has been executed by the appropriate officials of the Township. The Contract reads as follows: WEST BLOOMFIELD WATER SUPPLY SYSTEM SECTION XII CONTRACT THIS CONTRACT, made and entered into as of the first day of May, 1988 and between the COUNTY OF OAKLAND, a county corpora- tion in the State of Michigan (hereinafter sometimes referred to as the "County"), by and through its Drain Commissioner, County Agency, party of the first part, and the CHARTER TOWNSHIP OF WEST BLOOMFIELD, a charter township located in the County (hereinafter sometimes referred to as the "Township"), party of the second part. WITNESSETH: WHEREAS, the County has established the West Bloomfield Water Supply System (the "System") pursuant to the provisions of Act No. 185, Public Acts of Michigan, 1957, as amended, and has constructed and acquired several sections of the System pursuant to contracts between the County and the Township; and WHEREAS, it is now necessary to improve, enlarge and extend the System by the acquisition and construction of the hereinafter described water supply facilities; and WHEREAS, pursuant to Act No. 342, Public Acts of Michigan, 1939, as amended (hereinafter sometimes referred to as "Act 342"), the County is authorized, through the Oakland County Drain Commissioner as County Agency, to improve, enlarge and extend the System by the acquisition and construction of the water supply facilities hereinafter described as constituting the West Bloomfield Water Supply System Section XII, the County and the Township are authorized to enter into a contract, as herein- after provided, for the acquisition and construction of the water supply facilities by the County and for financing all or part of the cost thereof by the issuance of bonds by the County secured by the pledge of the full faith and credit of the Township to pay such cost with interest to the County in installments extending over a period not exceeding forty (40) years and the County is authorized to issue such bonds and, if authorized by majority vote of the member elect of its Board of Commissioners, to pledge its full faith and credit for the payment of the principal of and interest on the bonds; and WHEREAS, there is an urgent need for such water supply facilities to provide the means of supplying water to the resi- dents of the Township, and thus to promote the health and welfare of such residents, which facilities would likewise benefit the County and its residents, and the parties hereto have concluded that the facilities can be provided and financed most economical- ly and efficiently by the County through the exercise of the powers conferred by Act 342, and especially Sections 5a, 5b and 5c thereof; and WHEREAS, preliminary plans for the water supply facili- ties and also estimates of the cost and the period of usefulness thereof have been prepared by Hubbell, Roth & Clark, Inc. (here- inafter sometimes referred to as the consulting engineers), and have been submitted to and approved by the Board of Commissioners of the County and the Board of the Township and placed on file in the office of the County Agency, said estimates being set forth in Exhibit B hereunto attached; and -2- WHEREAS, in order to provide for the acquisition and construction of the water supply facilities by the County and the financing of the cost thereof by the issuance of County bonds, and for other related matters it is necessary for the parties hereto to enter into this contract. THEREFORE, IN CONSIDERATION OF THE PREMISES AND THE COVENANTS OF EACH OTHER, THE PARTIES HERETO AGREE AS FOLLOWS: 1. The parties hereto hereby approve and agree to the establishment, accuisition, construction and financig of the West Bloomfield Water Supply System Section XII (hereinafter sometimes referred to as the "Project") as herein provided, under and pursuant to Act 342. The Township by way of compliance with Section 29, Article VII, Michigan Constitution of 1963, consents and agrees to the establishment and location of the Project with- in its corporate boundaries and to the use by the County Of its streets, highways, alleys, lands, rights-of-way or other public places for the purpose and facilities of the Project and any improvements, enlargements and extensions thereof, and the Town- ship further agrees that, in order to evidence and effectuate the foregoing agreement and consent, it will execute and deliver to the County such grants of easement, right-of-way, license, permit or consent as may be requested by the County. 2. The Project shall consist of the water supply facilities shown on Exhibit A which is hereunto attached and which is hereby made a part hereof, and as are more particularly set forth in the preliminary plans which have been prepared and submitted by the consulting engineers which plans are on file with the County Agency and are approved and adopted. The Project -3- shall be acquired and constructed substantially in accordance with the the preliminary plans and in accordance with final plans and specifications to be prepared and submitted by the consulting engineers, but variations therefrom which do not materially change the location, capacity or overall design of the Project, and which do not require an increase in the total estimated cost of the Project, may be permitted on the authority of the County Agency. Other variations or changes may be made if approved by the County Agency and by resolution of the Township Board and if provisions required by paragrach 8 hereof are made for payment or financing of any resulting increase in the total estimated cost. The estimate of cost of the Project and the estimate of the period of usefulness thereof as -set forth in Exhibit B are approved and adopted. 3. The County Agency shall take or cause to be taken all actions required or necessary, in accordance with Act 342, to procure the issuance and sale of bonds by the County, in one or more series, in whatever aggregate principal amount is necessary to be so financed to defray that part of the total cost of the Project which is in excess of funds available from other sourcesc The bonds shall be issued in anticipation of, and be payable primarily from, the payments to be made by the Township to the County as provided in this contract and shall be secured second- arily, if so voted by the Board of Commissioners of the County, by the pledge of the full faith and credit of the County. The bonds shall be payable in annual maturities the last of which shall be not more than forty years from the date thereof. 4. The County Agency shall proceed to take construe- tion bids for the Project and, subject to the sale and delivery -4- of bonds, enter into construction contracts with the lowest responsive and responsible bidder or bidders, procure from the contractors all necessary and proper bonds and insurance, cause the Project to be constructed within a reasonable time and do all other things required by this contract and the laws of the State of Michigan and the United States of America. All certificates for required payments to contractors shall be approved by the consulting engineers before presentation to the County Agency and the latter shall be entitled to rely on such approval in .making payment. The County hereby acrees that it will secure and main- tain, or cause to be secured and maintained, durine the period of construction adecuate property damage and public llity insur- ance covering all facilities to be constructed pursuant to this contract. All policies and memorandums of insurance shall provide that the County and the Township shall be insured parties thereunder and shall contain a provision requiring that the Town- ship be notified at least ten days prior to cancellation thereof. One copy of each policy and memorandum of insurance shall be filed with the Township. 5. It is understood and agreed by the parties hereto that the Project is to serve the Township and not the individual property owners and users thereof, unless by special arrangement between the County Agency and the Tcwnship. The responsibility for requiring connection to and use of the Project and providing such additional facilities as may be needed shall be that of the Township 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 -5- construct any facilities other than those designated in paragraph 2 hereof. 6. The Township shall pay to the County the total co of the Project (less such funds as may become available from other sources), which total cost for this purpose shall include, in addition to the items of the nature set forth in Exhibit B (represented by the principal amount of the bonds to be issued by the County plus such funds as may become available from other sources), all interest payable by the County on the bonds and al3 paying agent fees and other expenses and charges (including the County Agency's administrative expenses) which are payable on account of the bonds (such fees, expenses and charges being here- in called "bond service charges"). Payments shall be made to the County in annual installments which shall be due and payable at least thirty days prior to the day of the month specified in the County bonds as the annual principal maturity date thereof. An annual installment shall be paid in each year that any principal and/or non-capitalized interest on the bonds falls due during the twelve-month period beginning on the principal maturity date in said year, and the amount of each installment so due and payable shall be at least sufficient to pay all such principal and/or interest thus falling due and all bond service charges then due and payable. The County Agency, within thirty days after deli- very of the County bonds to the purchaser, shall furnish the Township Treasurer with a complete schedule of the principal and interest maturities thereon, and the County Agency also, at least thirty days before each payment is due to be made by the Town- ship, shall advise the Township Treasurer of the amount payable to the County on such date. If the Township fails to make any payment to the County when due, the same shall be subject to a -6- penalty of 1% thereof for each month or fraction thereof that such amount remains unpaid after due. Failure of the County Agency to furnish the schedule or give the notice as above required shall not excuse the Township from the obligation to make payment when due. Payments shall be made by the Township when due whether or not the Project has then been completed or placed in operation. In the event that additional County bonds shall be issued under the authority of this contract to defray a part of the cost of the Project, the foregoing obligations shall apply to such part of the cost and to said additional bonds inso- far as appropriate thereto" 7. The Township may pay in advance any amount payable to the County pursuant to this contract and in that event shall be credited therefor on future-due amounts as may be agreed by the parties hereto. The Township also may pay in advance any one or more installments or any part thereof (a) by surrendering to the County bonds of like principal amount or (b) by paying to the County in cash the principal amount of any bonds which are sub- ject to redemption prior to maturity, plus all interest thereon to the first date upon which the bonds may be called for redemp- tion and plus all applicable call premiums and bond service char-. ges, and in such event the County Agency shall call said bonds for redemption at the earliest possible date. The installments or parts thereof so prepaid shall be deemed to be the install- ments or parts thereof falling due in the same calendar year as the maturity dates of the bonds surrendered or called for redemp- tion and bonds so surrendered or redeemed shall be cancelled. 8. In the event that it shall become necessary to increase the estimated cost of the Project as hereinbefore stated, or if the actual cost of the Project shall exceed the estimated cost, whether as the result of variations or changes permitted to be made in the approved plans or otherwise, then (without execution of any further contract or amendment of this contract) the Township Board, by resolution adopted within fifteen days after the receipt of construction bids, may direct that a portion of the Project be deleted sufficient to reduce the total cost to an amount which shall not exceed the total estimat- ed cost as hereinbefore stated by more than 5%, provided that such deletion shall not materially change the general scope, overall design and purpose of the Project, or in the absence of the adoption of such a resolution the Township shall pay or pro- cure the payment of the increase or excess in cash, or County bonds in an increased or additional amount shall (upon adoption of an authorizing resolution therefor by the Board of Commission- ers) be issued to defray such increased or excess cost, to the extent that funds therefor are not available from other sources: Provided, however, that no such increase or excess shall be approved and no such increased or additional County bonds shall be authorized to be issued, nor shall the County enter into any contract for acquisition or construction of the Project or any part thereof or incur any obligation for or pay any item of cost therefor, where the effect thereof would be to cause the total . cost of the Project to exceed by more than 5% its total estimated cost as hereinbefore stated, unless the Township Board previously shall have adopted a resolution approving such increase or excess and agreeing that the same (or such part thereof as is not avail- able from other sources) shall be paid or its payment procured by the Township in cash or be defrayed by the issuance of increased or additional County bonds in anticipation of increased or addi- tional payments agreed to be made by the Township to the County -8- in the manner hereinbefore provided: Provided, further, that the adoption of such resolution by the Township Board shall not be required prior to or as a condition precedent to the issuance of additional bonds by the County if the County previously has issued or contracted to sell bonds to pay all or part of the cost of the Project and the issuance of the additional bonds is neces- sary (as determined by the County) to pay such increased, addi- tional or excess costs as are essential to completion of the Project according to the plans as last approved prior to the time when the previous bonds were issued or contracted to be sold. 9. If the actual cost of the Project is less than the total estimated cost, any surplus available to the County from the sale of County bonds, at the option of the Township Board, shall be used to improve, enlarge or extend the System, to apply upon future payments due to the County, to redeem bonds or to purchase bonds on the open market, provided that such surplus shall be used to improve, enlarge or extend the System only if authorized by the Board of Commissioners. Any such surplus if used to improve, enlarge or extend the System, may be supplement- ed by cash payments to be made by the Township, or improvements, enlargements or extensions may be financed entirely from such cash payments if authorized by the Township Board. If the surplus is used to redeem or purchase bonds, the bonds shall be cancelled, and the payments thereafter required to be made by the Township to the County shall be reduced so as to reflect the resulting saving of interest and the payment required to be made in the calendar year of the stated maturity of the bonds shall be reduced by the principal amount thereof. 10. Should the Township fail for any reason to pay the County at the times specified the amounts herein required to be paid, the Township hereby authorizes - the State Treasurer or other official charged with the disbursement of unrestricted state funds returnable to the Township • pursuant to the Michigan consti- tution to withhold sufficient funds to make up any default or deficiency in the amounts paid. if the full faith and credit of the County is pledged for the prompt payment of the principal of and interest on the bonds to be issued by the County and if the County is required to advance any money by reason of such pledge on account - of the delinquency of the Township, the County Treasurer is authorized to notify the State Treasurer to deduct the amount of money so advanced by the County from any unrestric- ted moneys in the State Treasurer's possession belonging to the Township and to pay such amount to the County. The foregoing shall not operate to limit the County's right to pursue any other legal remedies for the reimbursement of moneys advanced on account of the default of the Township. 11. The Township, pursuant to the authorization Of Section 5a of Act No. 342, pledges its full faith and credit for the prompt and timely payment of its obligations expressed in this contract and each year shall 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 its annual tax levy, the Township shall have on hand in cash other funds (including but not limited to funds from special assessments, user charges or connection fees) which have been set -10- aside and pledged or are otherwise available for the payment of such contractual obligations falling due prior to the time of the next tax collection, then the annual tax levy may be reduced by such amount: and Provided further, however, that any taxes levied by the Township shall be subject to applicable constitutional, statutory and charter tax rate limitations. The Township Board each year, at least- 90 days prior to the final date provided by law for the making of the annual Township tax levy, shall submit to the County Agency a written statement setting forth the amount of its obligations to the County which become due and payable under this contract prior to the time of the next following year's tax collections, the amount of the funds which the Town- ship has or will have on hand or to its credit in the hands of the County which have been set aside and pledged for payment of said obligations to the County and the amount of the Township taxes next proposed to be levied for the purpose of raising money to meet such obligations. The County Agency shall review such statement promptly and, if he finds that the proposed Township tax levy is insufficient, he shall so notify the Township Board, and the Township hereby covenants and agrees that it will there- upon increase its levy to such extent as may be required by the County Agency. 12. No change in the jurisdiction over any territory in the Township shall in any manner impair the obligations of this contract or affect the obligations of the Township hereunder. In the event that all or any part of the territory of the Township is incorporated as a new city or is annexed to or becomes a part of the territory of another municipality, the municipality into which such territory is incorporated or to which such territory is annexed shall assume the proper proportionate share of the -11- contractual obligations (including the pledge of full faith and credit) of the Township, which proper proportionate share shall be fixed and determined by the County Agency and shall be binding upon all parties concerned unless, within sixty (60) days after such incorporation or annexation becomes effective, the governing body of the municipality into which such territory is incorporat- ed or to which such territory is annexed and the Township Board by mutual agreement and with the written approval of the County Agency shall fix and determine such proper proportionate share. The County Agency, prior to making such determination, shall receive a written recommendation as to the proper proportionate share from a committee composed of one representative designated by the Township Board of the Township, one designated by the governing body of the new municipality or the municipality annex- ing such territory and one independent registered engineer appointed by the County Agency. Each governmental .unit shall appoint its representative within fifteen (15) days after being notified to do so by the County Agency and within a like time the County Agency shall appoint the engineer third member. If any such representative (other than the appointee of the County Agency) is not appointed within the time above provided, the County Agency may proceed without said recommendation. If the committee shall not make the recommendation within forty-five (45) days after its appointment or within any extension thereof by the County Agency, the County Agency may proceed without such recommendation. 13. This contract is contingent upon the County issuing its negotiable bonds, as herein provided, to defray such part of the total estimated cost of the Project as is necessary to be financed, which bonds shall be issued under the authorization -12- provided in Section 5a, 5b and 5c of Act 342. Interest on the bonds may be capitalized and paid from the bond proceeds for a period not exceeding the estimated construction period and one year thereafter. In the event that the bonds are not issued within three years from the date of this contract, unless extend- ed by mutual agreement, this contract shall become null and void, except that the Township shall pay all engineering, legal and other costs and expenses theretofore incurred and shall be entitled to all plans, specifications and other engineering data and materials. 14. Upon completion of the Project it shall be used by the Township as part of the System in accordance with the provi- sions of the West Bloomfield Water Supply System Contract dated December 1, 1970 between the Township and the County. 15. The County shall have no obligation or responsibil- ity for providing water or water supply facilities except as herein expressly provided with respect to the acquisition of the Project or as otherwise provided by contract. The Township shall have the authority and the responsibility to provide such other facilities and shall have the right to expand the facilities of the System by constructing or extending water mains and trunks or related facilities, connecting the same to the System and other- wise improving the System. 16. All powers, duties and functions vested by this contract in the County shall be exercised and performed by the County Agency, for and on behalf of the County, unless otherwise Provided by law or in this contract. -13- 17. The parties hereto recognize that the holders from time to time of the bonds to be issued by the County-under the provisions of Act 342, and secured by the full faith and credit pledge of the Township 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 that so long as any of the bonds shall remain outstanding and unpaid, the provisions of this contract shall not be subject to any alteration or revision which would affect adversely either the security of the bonds or the prompt payment of principal or interest thereon. The right to make chances in this contract, by amendment, supplemental contracts or otherwise, nevertheless is reserved insofar as the same do not have such adverse effect. The parties hereto further covenant and agree that they each will comply with their respec- tive 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 contract of said bonds, the security therefor, or the prompt payment of principal and interest thereon. It is hereby declared that the terms of this contract and of any amendatory or supple- mental contract and any contract entered into pursuant hereto, insofar as they pertain to said bonds or to the payment or the security thereof, shall be deemed to be for the benefit of the holders of the bonds. 18. In the event that any one or more of the provisions of this contract for any reason shall be held to be invalid, illegal or unenforceable in any ,respect, such invalidity, ille- gality or unenforceability shall not affect any other provisions hereof, but this contract shall be construed as if such invalid, illegal or unenforceable provision had never been contained here- in. 19. This contract shall become effective upon its execution by each party hereto and the expiration of 45 days after the date of publication of the notice required by Section 5b of Act 342: Provided, however, that if, within the 45-day period, a proper petition is filed with the Township Clerk of the Township in accordance with the provisions of said Section 5b of Act 342 then this contract shall not become effective until approved by the vote of a majority of the electors of the Town- ship qualified to vote and voting thereon at a general or special election. This contract shall terminate forty (40) years from the date hereof or on such earlier date as shall be mutually agreed: Provided, however, that it shall not be terminated at any time prior to the payment in full of the principal of and inter- est on the County bonds together with all bond service charges pertaining to the bonds. This contract may be executed in sever- al counterparts The provisions of this contract shall inure to the benefit of and be 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 the undersigned, being CHARTER TOWNSHIP OF WEST BLOOMFIELD COUNTY OF OAKLAND By: C l rk duly authorized by the respective governing bodies of such parties, all as of the day and year first above written. By: Supervisor By: County Drain C ,-=;cir,ns.r (County Agency) JAE/09007/0203/AM0/4 -16-- Ifs t,4 4141.4 ' • • • 0 • 6. 1%141 • 0 .; I /-1 WI 14 le COI411( ACE V 08616SitIP 1; I - 1 ; 6 P Contract I of SECTION 11 / / WEST BLOOMFIELD TWP. Proposed Wrier Main E..tension Date Jitne 2, 1996 JO S rim f60051 Et 1116115 !1 0 JltphbeJl,flatli & Clark,Inc. 2323 111006N 110040 PO 1104 n24 IllotsuerItto 10” is. kAI 4ncw, • .4 • • • _ r. • Scale • WOO' • ;11 r•Iffelllt ii t tc 44F+ • • • • • • • • • • • • 9 9 0 0 0 • 9 9 • • . • I mom Noposed Wale, main W M I?" El I orger Ells!. W M. - 10" El Smaller E isl. Well • 1 ••••• Enisl.Ll.MWI1 Wolermain • • • I North I 0 46, • p 11SMEMIIIMIZI. eileilin•pa. Mill•Nima.. WileffII.Iffa.p• 1••••nn••011•0 QOM t 7.••• Proposed Meier ehirinber ?(1 Contract 2 of SECTION IL j I SECTION ELT LEGEND LEGEND 20" NOD Proposed Water Main 'e iff1411 3 11.4 * 1r" 1i! 1 f" 1 ...WI* • **AI 1.11 1 • 0 • , F. (-- ° \ 1 1.-14 I A I 1 a I N., 6, ‘1 ./ , •n‘. 1 1 - el k r oo‘Propsed 400,000 Gallon 1\, , Elevated Storage Tank 1 . • --A ° _ ROAO SECTION • tin Of 4IliolnO Linn vIt — Proposed Water Main .'dolv13110 20' t ° K.: )1( \ • \I 7 Olt I le ROA SECTION X 7 1 l(flifroL4 Pro posed ,/ - Water Main\ ) Revised - 21- 13? n Revised 12 -10 .11I dated 3-21-88 By: WEST BLOOMFIELD WATER SUPPLY SYSTEM SECTION XII ESTIMATE OF COST CONTRACTED SERVICES - CONSTRUCTION 30-inch Water Main 550 L.F. @ $ 80.00 = $ 44,000 24-inch Water Main 4,300 L.F. @ 65.00 = 279,500 20-inch Water Main 14,300 L.F. @ 70.00 . 1,001,000 16-inch Water Main 3,300 L.F. @ 60.00 . 198,000 8-inch Water Main 800 L.F. @ 40.00 = 32,000 24-inch G.V. & W. 1 L.F. @ 20,000.00 . 20,000 20-inch G.V. & W. 5 L.F. @ 15,000.00 = 75,000 16-inch G.V. & W. 20 Ea. @ 6,500.00 = 130,000 - 8-inch G.V. & W. 20 Ea. @ 1,500.00 = 30,000 Hydrants 45 Ea. @ 1,700.00 76,500 Total Construction Cost =. $1,886,000 CONTRACTED SERVICES - PROJECT DEVELOPMENT Engineering Consulting Engineer $188,800 Soil Borings 14,200 Bond Counsel Finantial Counsel C.P.A. Report Bond Prospectus Bond Printing Bond Rating 'Publishing COUNTY SERVICES - PROJECT t.:-.GEMENT Engineering Administration Right-of-Way (Including Legal) Construction Inspection Soil Erosion Permit (Act 347) CONTINGENCY TOTAL ESTIMATED PROJECT COST $ 203,000 18,300 15,500 3,000 4,000 2,500 6,000 2,500 $ 56,500 5,500 116,500 85,000 2,800 $ 167,900 = $2,575,000 I hereby estimate the period of usefulness of this facility to be Forty (40) years and upwards. HUBBELL, ROTH & CLARK, INC. EXHIBIT - "B" MR. CHAIRPERSON, on behalf of the Planning and Building Committec,I move the adoption of the foregoing resolution. PLANNING AND BUILDING COMMITTEE RESOLUTION # 88097 - April 28, 1988 28th 'day of April 18 8 ,10 • ALLEN, County Clerk/Register of D, LYNN Moved by Hobart supported by Law the resolution be adopted. AYES: Page, Pernick, Rewold, Rowland, Skarritt, Aaron, Bishop, Caddell, Calandro, Crake, Doyon, Gosling, Hobart, Jensen, R. Kuhn, S. Kuhn, Lanni, Law, Luxon, McConnell, McDonald, A. McPherson, Moffitt, Oaks. (24) NAYS: None. (0) 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 • the attached resolution which was adopted by the Oakland County Board of Coraissionera at their meeting held on April 28,_1988 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 afrixed the seal of said County at Pontiac, Michigan this