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FINANCE COMMITTEE
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7 THE 50REGOING RFSOLUTION,
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March 26, 1987 87072 MISCELLANEOUS RESOLUTION
BY: FINANCE COMMITTEE, DR. G. WILLIAM CADDELL, CHAIRPERSON
IN RE: MANAGEMENT AND BUDGET DEPARTMENT - EQUALIZATION LEGAL FEES
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairperson, Ladies and Gentlemen:
WHEREAS the County of Oakland has been requested to participate in the
cost of defending the 1981 through 1987 assessments on the Meijer
Department Store in the City of Royal Oak; and
WHEREAS the County of Oakland has in the past participated with other
local units of government before the Michigan Tax Tribunal; and
WHEREAS the County of Oakland will stand to lose approximately $51,000
plus interest in taxes for the seven year period if the appeals are lost;
and
WHEREAS the City of Royal Oak is estimating the cost of defending
these appeals at $150,000, of which the County share would not exceed
7.85% of the total cost or $11,775, whichever is less; and
WHEREAS if they are successful in defending the assessed value, the
balance of the County will share in their efforts and investment.
NOW THEREFORE BE IT RESOLVED that the County of Oakland does herby
agree to participate with the City of Royal Oak in sharing these estimated
costs in connection with the aforementioned property tax appeals before
the Michigan Tax Tribunal;
BE IT FURTHER RESOLVED that the Board of Commissioners appropriates
$11,775 from the 1987 Contingency Account and transfer this amount to the
1987 Equalization Division Budget as specified below to cover the County's
share of this appeal:
909-01-00-9900 Contingency $(11,775)
125-01-00-3456 Equalization Legal Fees 11,775
Mr. Chairperson, on behalf of the Finance Committee, I move the
adoption of the foregoing resolution.
March 26, 1987
MISC. RESOLUTION # 87072
Moved by Caddell supported by Lanni the resolution be adopted.
AYES: Caddell, Calandro, Crake, Doyon, Gosling, Hobart, Jensen, Richard Kuhn,
Susan Kuhn, Lanni, Law, Luxon, McConnell, McDonald, Angus McPherson, RuellIcPherson,
Moffitt, Nelson, Perinoff, Pernick, Price, Rewold, Rowland, Skarritt, Wilcox, Aaron.
(26)
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
Miscellaneous Resolution adopted by the Oakland County Board of Commissioners
at their meeting held on March 26, 1987
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 affixed
the seal of said County at Pontiac, Michigan
this 26th day of March 1987
Allen, Coa
Reglister of Deeds.