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HomeMy WebLinkAboutResolutions - 1988.10.27 - 17612MISCELLANEOUS RESOLUTION # 88240 September 22, 1988 BY: Personnel Couudttee, John P. Calandro, Chairperson IN RE: COMMUNITY AND ECONOMIC DEVELOPMENT/ECONOMIC DEVELOPMENT - CREATION OF PART-TIME LOAN AND FINANCE OFFICER POSITION TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: WHEREAS currently one Loan and Finance Officer provides services to qualifying businesses to assist them in obtaining loans through the County's Small Business Administration (SBA) 504 loan program; and WHEREAS an increase in the volume of loans and an expanding loan portfolio have prevented effective and efficient delivery of services; and WHEREAS the lack of available staff time has negatively impacted the ability to close loans on a timely basis and has resulted in a delay in the collection of fees for services; and WHEREAS the ability to expand loan marketing efforts would enable the division to capture greater revenues generated from client fees; and WHEREAS the division proposes the creation of a part-time position to balance the workload and meet demands for services. NOW THEREFORE BE IT RESOLVED to create one (1) part-time eligible, 3/5 funded, governmental Loan and Finance Officer position in the Economic Development Division of Community and Economic Development. Mr. Chairperson, on behalf of Personnel Committee, I move the adoption of the foregoing resolution. PERSONNEL COMMITTEE October 13, 1988 REPORT (Misc. 88240) BY: Public Services Committee Richard D. Kuhn, Jr., Chairperson IN RE: Miscellaneous Resolution #88240 - Community and Economic Development - Economic Development - Creation of Part-Time Loan and Finance Officer Position TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: The Public Services Committee, having reviewed Miscellaneous Resolution #88240 entitled, lt Community and Economic Development - Economic Development - Creation of Part-Time Loan and Finance Officer Position," reports with the recommendation that said resolution be adopted with an amendment that the 3/5's position be funded by the Small Business Administration (SBA) 504 loan program revenues. Mr. Chairperson, on behalf of the Public Services Committee, I move the acceptance of the foregoing report. PUBLIC SERVICES COMMITTEE 14J. pr. G. William C76C16-M—Ohairperson October 27, 1988 FISCAL NOTE BY: FINANCE COMMITTEE, DR. G. WITIJAM CADDELL, CHAIRPERSON IN RE: COMMUNITY AND ECONOMIC DEVELOPMENT / ECONOMIC DEVELOPMENT - CREATION OF PART-TIME LOAN AND FINANCIAL OFFICER POSITION - MISCELLANEOUS RESOLUTION #88240 TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mt. Chairperson, Ladies and Gentlemen: Pursuant to Rule XI-G of this Board, the Finance Committee has reviewed Miscellaneous Resolution #88240 and finds: 1) The Personnel Committee has approved the Economic Development Division's request for one (1) part-time eligible, 3/5 funded Loan and Financial Officer position; 2) The position cost for the period October 22, 1988 through December 31, 1988 is $4,554 of which $3,255 is salaries and $1,299 is fringe benefits; 3) The 1989 cost equals $23,679 of which $16,926 is salaries and $6,753 is fringe benefits; 4) Additional revenues in the amount of $15,000 are anticipated in 1989 which can be used to particularly offset the position cost, with the balance coming from the 1988/1989 Contingency Account, the following budget amendments are recommended: 1988 1989 3-10100-191-01-00-2119 Econ. Dev. Fees $15,000 4-10100-909-01-00-9900 Contingency $(4,554) (8,679) 4-10100-192-01-00-1001 E.D. Salaries 3,255 16,926 4-10100-192-01-00-2010 E.D. Fringes 1,299 6,753 $ -0- 7 $ -0- 5) The program is to be reviewed by the Public Services Committee in one year's time. FINANCE COMMITTEE RESOLUTION # 88240 October 27, 1988 Moved by Calandra supported by McDonald the Public Services Committee Report be accepted. A sufficient majority having voted therefor, the report was accepted. Moved by Calandro supported by McDonald the resolution (with a favorable Fiscal Note attached) be adopted. Moved by Calandro supported by McDonald the resolution be amended as recommended in the report (that the 3/5's position be funded by the Small Business Administration (SBA) 504 loan program revenues.) A sufficient majority having voted therefor, the amendment carried. Vote on resolution as amended: AYES: McDonald, A. McPherson, Moffitt, Oaks, Page, Pernick, Price, Rewold, Rowland, Skarritt, Aaron, Caddell, Calandro, Crake, Gosling, Hobart, Jensen, R. Kuhn, S. Kuhn, Lanni, Luxon, McConnell. (22) NAYS: None. (0) A sufficient majority having voted therefor, the resolution, as amended 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, adopted by the Oakland County Board of Commissioners at their regular meeting held on October 27 , 19 88 with the original record thereof now remaining on file 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 this 27th day of October , 1988 LYNyD. ALLEN, County Clerk Register of Deeds