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HomeMy WebLinkAboutResolutions - 1992.12.10 - 19725December 10, 1992 MISCELLANEOUS RESOLUTION #92271 BY: FINANCE COMMITTEE, DR. G. WILLIAM CADDELL, CHAIRPERSON IN RE: TREASURER - INITIATION OF COURT ACTION AGAINST TAX INCREMENT FINANCE AUTHORITY - CITY OF KEEGO HARBOR TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: WHEREAS the City of Keego Harbor, pursuant to provisions of Act 450, of the Public Acts of 1980 as amended, has established a Tax Increment Finance Authority (TIFA); and WHEREAS the TIFA - City of Keego Harbor and the City of Keego Harbor negotiated an agreement with the West Bloomfield School District to return a portion of the captured tax increment revenue derived from school district taxes; and WHEREAS the County Treasurer has requested the same proportional sharing of County tax dollars for Oakland County but has been denied; and WHEREAS the County Treasurer requests authorization from the Oakland County Board of Commissioners to initiate court action to prevent the transfer of the tax increment revenue to the TIFA - City of Keego Harbor. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners authorizes the County Treasurer to initiate court action on behalf of Oakland County against the Tax Increment Finance Authority- City of Keego Harbor. Mr. Chairperson, on behalf of the Finance Committee, I move the adoption of the foregoing resolution. FINANCE COMMITTEE Resolution # 92271 December 10, 1992 . In Testimony Whereof, I have hereunto set my hand and affixed the seal of the County of Oakland at Pontiac, Michigan this 10th day 9f) D Allen, County C uhra=ttz; . Lyn erk Moved by Caddell supported by Skarritt the resolution be adopted. AYES: Moffitt, Obrecht, Palmer, Pappageorge, Schmid, Skarritt, Wolf, Aaron, Bishop, Caddell, Crake, Gosling, ,..ensen, Johnson, McConnell, McCulloch, McPherson, Millard. (18) NAYS: Serra. (1) A sufficient majority having voted therefor, the resolution was adopted. STATE OF MICHIGAN) COUNTY OF OAKLAND I, Lynn 0. Allen, Clerk of the County of Oakland, do hereby certify that the foregoing resolution is a true and accurate copy of a resolution adopted by the Oakland County Board of Commissioners on Decemper,10. 1992 with the original record thereof now remaining in my office.