HomeMy WebLinkAboutResolutions - 1963.03.20 - 20075offered the following resolution which was Mr. Webber
irch 21, 1963
4142 Misc. Resolution No.
Recommended by Board of Public Works
Re: HURON-ROUGE SEWAGE DISPOSAL SYSTEM
Webber Submitted by Mr.
approved by the Board of Public Works at their meeting of February 18, 1963.
L County Board of Public Works has
Resolution proposed by Oakland
county Board of Public Works
with respect to Huron-Rouge
eDiso
th kland County Beard of Supervisors by
Miscellaneous Resolution No 3990, adopted on June 25, 1962, did
approve and authorize the execution of the Huron-Rouge Sewage
Disposal System Contract, dated April 20, 1962, between che said
county and the Village of Novi and the Township of Novi providing
for the acquiiti*n, construction and financing of said System
based upon an estimated cost of $1,260,000 or such other estimate
cost as may be agreed t• by the parties thereto; and
submitted to this Beard construction plans and specifications for
the Huron-Rouge Y,7,e Disposal System and a revised estimate of
cost in the amount of $1,310,000 and an estimate of the period
of usefulness thereof, all of which have been approved by the
Board of Public, Werks and 'my the said township and village; and
WHEREAS, the jc r ofLic Works, oi 7-4ary
19, 1963, did also approve a schedule of the several annual pay-
ments to be made by the Village of Novi and the Township of Novi
under the said Contract dated April 20, 12. based upon said
revised estimate ef cost of $1,390,000 did authorize the
Secretary of the Board of rublic Works to submit the said schedule
for the approval of this Beard of Mupervisors
NOW THEREFORE BE IT RESOLVZD, that the said. eostruction
plans and specifications and the revised estimate of cost and the
he paid by the Village and the Township of Novi under
Disposal System,
estimate of the period of usefulness be appt ,I!,7 County
Clerk is hereby authorized to endorse on said 7L-, and spacifica-
tions the fact of such app=
ublic
and return same to the S•d of
BE IT FUTTETa. PESOLvED, that the several installments
e Contract of April 20, 1962, between the County of Oalind and
said township and village, wherein the said to
agree to pay to the county t cost of the Hurcn.-:S
original estimated amount
village
Sewage
$1,260,000.
which amount has now been revised and increased by agreement of
the parties to said Contract to the estimated amount of $1,390,
be as set forth in the following schedule, to-wit:
BONDS DATED APRIL 1, 1963 MAXIMUM RATES - 5%.
BONDS TO MATURE JUNE 1st, FIRST COUPON - DEC. 1, 1963.
Pr. Due Interest Estimated @ 5%
June 1 June 1 Dec. 1
Pr. Dae
Jun 1
erest Estimated @ 5%
Dec. 1
Pr. Due
June 1
Interest Estimated
June 1 Dec. 1
Cal.
Year June
0
$ 60,000
75,000
80,000
85,000
90,000
90,000
95,000
100,000
105,000
110,000
115,000
120,000
125,000
140,000
0 8 mos . cap.
$34,750 $33,250
33,250 31,375
31,375 29,375
29,375 27,250
27,250 25,000
25,000 22,750
22,750 20,375
20,375 17,875
17,875 15,250
15,250 12,500
12,500 9,625
9,625 6,625
6,625 3,500
3,500
$1,390,000 $289,500 $254,750
$1,390,000.00
NOVI SANITARY TRUNK SEWER
HURON-ROUGE SEWAGE DISPOSAL SYSTEM
TOTAL COST OF PROJECT 100% VILLAGE OF NOVI SHARE - 98.95% TOWNSHIP OF NOVI SHARE = 1.05°7
8 1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
TOTAL
0
$ 59,370.00
74,212.50
79,160.00
84,107,50
89,055.00
89,055.00
94,002,50
98,950.00
103,897.50
108,845.00
113,792.50
118,740.00
123,687.50
138,530.00
$1, 375, 405
0
$34,385.12
32,900.88
31,045,56
29,066.56
26,963,88
24,737.50
22,511.12
20,161,06
17,687.31
15,089.88
12,368,75
9, 523. 94
6,555.44
3,463.25
$286,460,25
mos. Cap,
$32, 900.88
31,045,56
29, 066.56
'6, 963.88
24,737.50
22, 511, 13
20,161.06
17,687.31
15, 089. 88
12,368.75
9,523.94
6,555.44
3,463,25
$252,075.14
0
$ 630,00
787.50
840.00
892.50
945.00
945.00
997.50
1,050.00
1,102.50
1,155.00
1,207.50
1, 260. 00
1,312.50
1,470.00
$14,595.00
0 8 Trios. cap.
$364.88 $349,12
349.12 329.44
329,44 308.44
308.44 286,12
2,86.12 262,50
262.50 238.87
238.88 213.94
213.94 187.69
187.69 160.12
160.12 131.25
131.25 101.06
101.06 69.56
69.56 36.75
36.75
$3,039,75 $2, 674.8
6."
Mr. Chairman, I move the adoption of the foregoing resolution.
Supported by Mr. Tiley
ADOPTED:
Yeas: Allerton, Alward, Archambault, Bachert„ Beamer, Beecher, Bloe,
Bonner, Calhoun, James Carey, John Carey, Charteris, Cheyz, Dooley, Cummings,
Davis, Dewan, Dohany, J. W. Duncan, WM. Duncan, Durbin, Edward, Edwards, Ewart,
Forbes, Fouts, Frid„ Gabler, Goodspeed, Hagstrom, Hall, Hamlin, Heacock, Hoard,
Horton, Huber, Wallace Hudson, WM.Hudson„ Hnlet, Hursfall, Jackson, Kephart,
Knowles, Lahti, Lessiter, Levin, Levinson, Love, Majer, Marshall, McAleer,
McCartney, Melchert„ Menzies, Mercer, Miller, Mitchell, Moore, Noel, O'Donoghue,
Oldenburg, Osgood, Potter, Rehard, Berner, Rhinevault, Slavens, Smith, Solley,
They, Tinsman, \roll, Webber, Wood, Yockey. (75)
Nays:
None. (0)
Absent: Brickner, Clack, Clarkson, Demute, Dickens, Ingraham, Johnson,
MacDonald, McGovern, Semann. (10)