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HomeMy WebLinkAboutResolutions - 1992.05.01 - 20774REM( APPROVE THE FOREGOING RESOLUTION Murpny, Counfr Execdtive I Up ate May 7, 1992 MISCELLANEOUS RESOLUTION #92089 BY: THE FINANCE COMMITTEE, DR. G. WILLIAM CADDELL, CHAIRPERSON IN RE: MANAGEMENT AND BUDGET DEPARTMENT - 1992 EQUALIZATION TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: WHEREAS, the staff of the Equalization Division of the Department of Management and Budget has examined the assessment rolls of the several townships and cities within Oakland County to ascertain whether the real and personal property in the respective townships and cities has been equally and uniformly assessed at true cash value; and WHEREAS, based on its findings, the manager of the Equalization Division has presented to the Finance -Committee the recommended 1992 Equalization values which adds to or deducts from the valuation of the taxable property in the several townships and cities an amount as, in its judgement, will produce a sum which represents the true cash value thereof; and WHEREAS, the Finance Committee in accordance with Rule XAB of the Board of Commissioners adopted January 2, 1992, has reviewed the findings and recommendations of the employees of the Equalization Division and conducted hearings to provide for local intervention into the equalization process; and WHEREAS, the Equalization Factors listed on the attached report are the result of the foregoing process and are for information purposes only. NOW THEREFORE BE IT RESOLVED, that the Oakland County Board of Commissioners adopts the 1992 Equalization and authorizes its certification by the Chairperson of the Board and further that it be entered on the County records and delivered to the appropriate official of the proper township or city. Mr. Chairperson, on behalf of the Finance Committee, I move the adoption of the foregoing resolution. FINANCE commrrnh Dr. G. William Caddell, Chairperson ill In Testimony Whereof, I have hereunto set MY hand and affixed the seal of the County of Oakland at Pontiac, Michigan this 7th day pf) May, 1992 . Allen, County C Lyn Resolution # 92089 May 7, 1992 Moved by Bishop supported by Jensen the resolution be adopted. AYES: Huntoon, Jensen, Johnson, Krause, Law, McConnell, McCulloch, Millard, Moffitt, Oaks, Obrecht, Olsen, Palmer, Pappageorge, Pernick, Price, Schmid, Serra, Skarritt, Wolf, Aaron, Bishop, Crake, Gosling. (24) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. STATE OF MICHIGAN) COUNTY OF OAKLAND I, Lynn D. 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 May 7, 1992 with the original record thereof now remaining in my office.