HomeMy WebLinkAboutResolutions - 2016.08.18 - 22517REPORT (MISC. #16193) August 18, 2016
BY: Planning and Building Committee, Philip Weipert, Chairperson
IN RE: MR #16193 - CHARTER TOWNSHIP OF WHITE LAKE - REQUEST FOR $148,000 LOAN
FROM THE LONG TERM REVOLVING FUND FOR THE CONSTRUCTION OF THE GRASS LAKE
AUGMENTATION WELL
To the Oakland County Board of Commissioners
Chairperson, Ladies and Gentlemen:
The Planning and Building Committee, having reviewed the above referenced resolution on August 9,
2016, reports with the recommendation that the resolution be adopted.
Chairperson, on behalf of the Planning and Building Committee, I move the acceptance of the foregoing
report.
PLANNING AND BUILDING COMMITTEE
PLANNING AND BUILDING COMMITTEE
Motion carried unanimously on a roll call vote with Gosselin, McGillivray, and Scott absent.
MISCELLANEOUS RESOLUTION #0193
BY: Commissioner Eileen KowaII, District #6
IN RE: CHARTER TOWNSHIP OF WHITE LAKE — REQUEST FOR $148,000 LOAN FROM THE LONG
TERM REVOLVING FUND FOR THE CONSTRUCTION OF THE GRASS LAKE AUGMENTATION
WELL
To the Oakland County Board of Commissioners
Chairperson, Ladies and Gentlemen:
WHEREAS Grass Lake is an inland lake located in the Charter Township of White Lake, County of
Oakland, State of Michigan; and
WHEREAS pursuant to Part 309 of the Michigan Natural Resources and Environmental Protection Act,
1994 P.A. 451, as amended, MCL 324.30901 et seq, a Lake Improvement Board for Grass Lake was
established for the purpose of undertaking improvements to Grass Lake; and
WHEREAS the Lake Improvement Board has determined that the construction of an augmentation well is
necessary for the protection of the health safety and welfare of the public, to protect the natural resources
of the State, and to protect the value of properties around the lake; and
WHEREAS following a Public Hearing, the Lake Improvement Board approved and confirmed a Special
Assessment roll for the Grass Lake Augmentation Well project; and
WHEREAS the County Board of Commissioners, pursuant to Miscellaneous Resolution No. 02019 on
February 21, 2002, established a Long-Term Revolving Fund to advance funding for lake level control
projects for the protection of the health safety and welfare of the public, to protect the natural resources of
the State, and to protect the value of properties around lakes; and
WHEREAS Miscellaneous Resolution No. 02019 authorized loans up to $150,000; and
WHEREAS the total cost estimate of the project is $148,000 which includes administration, legal
proceedings, design, and installation of the augmentation well; and
WHEREAS the Charter Township of White Lake has established a special assessment district in
accordance with 1954 P.A. 188, as amended and agrees to pledge its full faith and credit of the Township
for the prompt repayment of the principal and interest of the loan from the County; and
WHEREAS pursuant to Section 30922 of Part 309, the Lake Improvement Board is authorized to collect
special assessments to defray the costs of any improvement made under Part 309; and
WHEREAS in order to pay for the initial costs associated with the administration, legal proceedings,
design and installation of the augmentation/well, the Township requests a loan from the Long-Term
Revolving Fund in the amount of $148,000 with the understanding that the Township agrees to pay back
the County over a period of 10 years.
NOW THEREFORE BE IT RESOLVED by the Board of Commissioners of the County of Oakland,
Michigan as follows:
1. The County Board of Commissioners hereby authorizes a loan not to exceed $148,000 from the
County's Long-Term Revolving Fund to the Charter Township of White Lake with an annual
interest rate to be determined in accordance with County policy at the time the funds are
disbursed for the costs associated with the administration, legal proceedings, design and
installation of the augmentation well for Grass Lake.
2. The loan shall be applied to all costs for administration, legal proceedings, design and installation
of the augmentation well.
3. The loan with applicable interest shall be paid in full and shall be assessed against the Township
in ten (10) annual installments beginning at a time that will be determined at a future date.
4. The Chairperson is authorized to execute an agreement between the County and the Charter
Township of White Lake in the form recommended and approved by Corporation Counsel with
terms and conditions necessary for the repayment of the loan provided herein.
Chairperson, I move the adoption of the foregoing Resolution.
Commissioner Eileen KowaII
District #6
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Resolution #16193 July 20, 2016
Commissioner Middleton, Acting Chairperson referred the resolution to the Planning and Building
Committee, and the Finance Committee There were no objections.
FISCAL NOTE (MISC. #16193) August 18, 2016
BY: Finance Committee, Tom Middleton, Chairperson
IN RE: CHARTER TOWNSHIP OF WHITE LAKE — REQUEST FOR $148,000 LOAN FROM THE
LONG TERM REVOLVING FUND FOR THE CONSTRUCTION OF THE GRASS LAKE
AUGMENTATION WELL
To The Oakland County Board of Commissioners
Chairperson, Ladies and Gentlemen:
Pursuant to Rule XII-C of this Board, the Finance Committee has reviewed the above referenced
resolution and finds:
1. The Charter Township of White Lake is requesting a not to exceed loan in the
amount of $148,000 from the Long Term Revolving fund to be used for the
administration, legal proceedings, design and installation of an augmentation well
to appropriately regulate the lake level of Grass Lake.
2. Miscellaneous Resolution #02019 established the Long Term Revolving Fund to
advance monies for loans to local units for amounts up to $150,000 for lake level
control projects.
3. The Lake Improvement Board for Grass Lake established a special assessment
district in accordance with 1954 P.A. 188 as amended and approved a special
assessment roll for all lands benefited by the Grass Lake Augmentation Well
project.
4. The Charter Township of White Lake will pledge its full faith and credit for the
prompt repayment of the principal and interest of the loan from the County over a
ten (10) year period.
5. Additionally, MR #89276 states that an interest rate no less than the prevailing
six-month Treasury Bill rate should be charged; however, the six-month Treasury
Bill rate is quite a bit lower than the average interest rate from the Treasurer's
pooled investments and therefore the rate to be charged will be the last
published Treasurer's pooled investments average monthly rate for the month of
July 2016 of 0.986%.
6. Funding is currently available in the Long-Term Revolving Fund to issue an
advance in the not to exceed amount of $148,000 to the Charter Township of
White Lake.
7 No budget amendment is required.
FINANCE COMMITTEE VOTE:
Motion carried unanimously on a roll call vote.
Resolution #16193 August 18, 2016
Moved by Fleming supported by Quarles the resolutions (with fiscal notes attached) on the Consent
Agenda be adopted (with accompanying reports being accepted).
AYES: Dwyer, Fleming, Gingell, Hoffman, Jackson, Kochenderfer, Kowall, Long, McGillivray,
Middleton, Quarles, Scott, Spisz, Taub, Weipert, Woodward, Zack, Bowman, Crawford. (19)
NAYS: None. (0)
A sufficient majority having voted in favor, the resolutions (with fiscal notes attached) on the Consent
Agenda were adopted (with accompanying reports being accepted).
HERM APPROVE IS RESOLUTION
CHIEF DEPUTY COUNTY EXECUTIVE
ACTING PURSUANT TO MCL 45,55WA (7)
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lisa Brown, 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 August 18,
2016, with the original record thereof now remaining in my office.
In Testimony Whereof, I have hereunto set my hand and affixed the seal of the County of Oakland at
Pontiac, Michigan this 18th day of August, 2016.
Lisa Brown, Oakland County
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