HomeMy WebLinkAboutResolutions - 1959.06.02 - 19129Misc., 3535
RESOLUTION . ...—
BY: Mr. Fred W. Smith
June 2,
IN RE: TRANSFERS TO BUILDING FUND AND. APPROPRIATION FOR FIRST UNIT OF
COURT HOUSE
TO: THE OAKLAND COUNTY BOARD OF SUPERVISORS
Mr. Chairman, Ladies and Gentlemen:
The Board of Auditors have presented to your Ways and Means Committee the following
statement of funds available and to be made available for the new Court House:
Boildin9 Fund Balance March 31, 19o;.'
Indigent Housing Fund 150,, C.)0. :1)0
Parkin Lot Fund 14,
Royal -Oak Market Fund (County Share) 5,060 00
Garage Construction Fund 5 ,124. 04
J Mill for 1960 - Estimated 182,40.00
.1 Mill for 1961 - Estimated 191,300.00
Interest a, contract payments mdde from January 1,
1959 to March 31, 1959 - $15,278.40 -
estimated for the balance of 1959
Interest for six months of 1960
Sale of Court House, 92 acres and 26 lots
$0,001:,104„21
This statement includes four items, that is, Iricigent Housing Fund, Parking Lot Fund,
Royal Oak Market Fund (County Share) and Garage Construction Fund which can legally at this
time be transferred to the Building Fund, The total of these four funds is $174,924,04. If this
transfer is approved by the Board, there will then be $2,054,604.21 in the Building Fund
available at this time to apply on the contract for the construction of First Unit of the new
Court House building at the Service Center,
THEREFORE, MR. CHAIRMAN, on behalf of the Ways and Means Committee, I move
that this Board hereby approves the transfer of $150,000.00 from the Indigent Housing Fund,
$11,660.00 from the Parking Lot Fund, $5,000,00 from the Royal Oak Market Fund (County Share .
and $5,924.04 from FLO Construction Fund to the Building Fund, making a balance in the
Building Fund as of this date of $2,054,604.21, which sum, along with additional sums to be
45,000.00
30,000.00
503,000.00
transferred to said Building Fund in the future • c...:ppropria:-.ci to pay the costs for are
!: L. Carey
Moved by F.
Ch:r..:.
t.
t 41::•,:lo.rity having vc .7. the resolution was adopted.
construction of and architectural fees for the First Unit of the Oakland County Court House at
the Service Center.
MR. CHAIRMAN, I move the adoption of the fo.re s.pii••,..:,rasolution
WAVS AND MEANS CQMMITTEE ,
,
irou 1V nu rin(-••:n
Copy sent to Auditors & Accounting
