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HomeMy WebLinkAboutResolutions - 1987.03.25 - 17839-0- FINANCE COMMITTEE 4DDra 7 THE 50REGOING RFSOLUTION, riAtA 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.