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HomeMy WebLinkAboutResolutions - 1961.08.22 - 19421,3n pADulation 7,t or crrh succeedth,j 17 C7 U)C,0 AUGUST 22, 1961 TO TN : CuU,,;Y wHE,,, rocei re insH,=t .i,:uant to Act 40 of the Public Acts of 1956 as amer, to estblisr 11c age District; ancl 'ere to be sold to ti ie the cost of construction of the aighc Mil ,7! Drain; and Yr. the oaklafid County Board of Supervisors by laneous Resoluti,-;n Ao. 3438, ded November 10, 1958, as set forth below, Tledged the full faith cradit of the County of Oakland in cJ .67 to ma. Ihe fi,ing of the Eight K1 Drain possible., to-wit: hay' - taken for the V. arid constru7ti of the Ei;ht MiV! A:orm n e provioir :,ct No 40 of th c Acts 1956, a at an estimd of 76C,OA; and wher cost ol i60 0 t7._e of Mi(J',1a, ijie City of o'ic ment district; and Oakland, in the ':-.0ec1a Whereas the Couty Orai ,t 1,osioncr has made an order dated mber 7, ,:.suance by i.i ht. Mile Road Oraina H7trict of ir the principal s!.,2 of 400,03o ted ,;;Anury 1, 1:7, to bear inrst at rate cr lerearc determir,c not ed-,ng per annum re srinlly in the. wnr7 1*) as in said o:r prvided, sid in Lipation cYi7 the collection of a principal amour: z_1: aforesaid; 40 provides as foil : November 10, 195 cL is hereby rescMjd and held for naught. federal -ennial census, the coun may by dution adopted by a ma men , ledge the full faith h, payment or t 'e aafter issu ,a—suant , :AC' any borH retrL..::r- CCuiy shall be reqt. vancc such pledge, and if ,tions shall not be suffici Zc roimburs: Irain commi! , of ,Iunty t on shall the oney r f m cot,,1t) „ withi period from d ite f ad:lc c :,sess the dr in, rict as in first in-' in rLr to provide for the re- o the Colinty of the st The f)r ions ecti '1 not permit rne adrr ,ement •)1 rih fs of any county meet icy n assessments oonfirn 1 or to oe it :J1, in consider6zio ot the general L ,24leiits tc accru' If Oakla,cA fr-QP: 7Le location, isliment and cr-..7..tior said Eirt MiHc ,c)ad Storm (over and for which be assessed at on account rf ,;,),Lr-L .y highways), n -7der t make the financing thereof n 1,2j, the full H;t:±! of the Onty hereby pledge tro payment of the• prir:ipal ,747 and interest on said bonds as .:me shall mature."; ADOPTED. 70 , and WHERI ,. the procee ,i for the Eight Mile Road Drain were t-; -41 December 7, .2 ; and AS, no bonds were sold for th; 1. ,ile riH ain; and L:AS, Miscellaneous Resolution :),38 above set forth is of no force and effect: NOW .1 ,RE BE IT RE LED, t Oicellaneou! . Jlutiot a; 38; , on bch:H of the Drain Co....iLtee, J move of the foregoing resolution. 7 Mo,r,.(1 by Calhoun supported by Hoard the resolution be adopted. Alierton. ALward, Archambault, Bloc, Bonner, Brickner, Calhoun, Cardon, Carey, Charteris, Cheyz, Clack, Cummings, Davis, Demute, Pewan, Dictens, llohany, J. k. Dunc an, h. Duncan, Wm. Duncan, Durbin, Edwards, Elliott, Ewart, touts, Frid, Goodspeed, nail, Hamlin, Hill, Hoard, Hocking, Horton, Huber, Wallace Hudson, W-m. Hudson, Huhn, Bulet, Hursfall, Johnson, Johnston, Kephart, Knowles, Lessiter, Levinson, Lewis, Love, MacDonald, Majer, Mar -shall, McCartney, McGovern, Neichert, Clarmice Miller, Cyril Miller, Mitchell, Noel, OYDonoghne, 016:!nburg, Osgood, Potcer, Rehard, Remer, Rhinevault, Semann, Smith, Solley, Taylor, Tiley, Veil, Webber, Wood, Yockey, Menzies. (76) NAYS: None. (0) A sufficient majority havitif, voted therefor, the resolution was adopted.