HomeMy WebLinkAboutResolutions - 1959.08.05 - 191473 5 RESOLUTION NO August 5, 1959
BY: Mr. Fred \Af% Smith
IN RE: GENERAL FUND LOANS TO REVOLVING FUND
TO: THE OAKLAND COUNTY BOARD OF SUPERVISORS
Mr. Chairman, Ladies and Gentlemen:
WHEREAS, this Board by Misceilaneous Resolution No 3163 dated December 4,
1956, advanced funds from the General Fund for certain drain projects; and
WHEREAS, Miscellaneous Resolution No 3168 was amended by Miscellaneous
Resolution 3183 dated January 17, 1957; and
WHEREAS, it was the intent of your Ways and Means Committee that those funds
advanced to the Drain Revolving Fund be used for those projects; and
WHEREAS, your Ways and Means Committee believes it should clarify Miscellaneous
Resolutions No. 3168 and 3188;
NOW THEREFORE, BE IT RESOLVED that the monies heretofore transferred to the
special drain projects are hereby credited to the Drain Revolving Fund.
BE IT FURTHER resolved that when the monies are repaid to the Revolving Fund
the General Fund shall be reimbursed.
MR. CHAIRMAN, on behalf of the Ways and Means Committee, I move the adori...m.
of the foregoing resolution.
WAYS AND MEANS COMMITTEE
Moved by F. SM:- th supported by CuirEr4 !:::s he resolution b e ad. Opt
ent majority having voted t'rfor, the resol ,Jtj=n was adopted.
Copy sent to DanBarry,Bob Allen,Auditors,Ed Smith, Tom Duncan