HomeMy WebLinkAboutResolutions - 1996.04.03 - 24653MISCELLANEOUS RESOLUTION #96073
BY: FINANCE AND PERSONNEL COMMITTEE, SUE ANN DOUGLAS, CHAIRPERSON
IN RE:
COMMUNITY AND ECONOMIC DEVELOPMENT - EQUALIZATION REQUEST TO
PARTICIPATE IN APPRAISAL/TAX APPEAL OF HAZEL PARK RACE TRACK
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Chairperson, Ladies and Gentlemen:
WHEREAS the Hazel Park Race Track has appealed assessments for 1993, 1594
and 1995 (based on a claim of poor soil conditions) and has scheduled a Board of
Review hearing on their 1996 assessment; and
WHEREAS the value in dispute is $10,128,000 of the original $11,128,000
assessment; and
WHEREAS total taxes for the years in question are $1,412,969 of which
$1,285,994 is in dispute; and
WHEREAS the County's share of the disputed amount is $100,328 (7.8%) plus
interest; and
WHEREAS the Michigan Tax Tribunal has issued an order to permit an outside
appraisal to help establish the value of the property; and
WHEREAS engineering consulting services may be required to verify soil
conditions; and
WHEREAS the City of Hazel Park has requested that the County secure the
appraisal and engineering consulting services to expedite the process; and
WHEREAS the County will be responsible for a portion of the appraisal and
engineering fees in direct ratio to its share of the tax revenue; and
WHEREAS the 1995 tax levy for Hazel Park is distributed as follows:
Inter. Comm.
Total State School School College City c2ELLY
59.8924 6.00 21.00 2.1294 1.6522 24.1628 4.948
100% 10.02 35.06 3.56 2.76 40.34 8.26
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners
authorizes the Equalization Division to participate in the Appraisal and Tax
Appeal of the Hazel Park Race Track.
BE IT FURTHER RESOLVED that the :996 Adopted Budget is amended as follows:
Hainaz:
3-10100-194-01-00-2510 Reimbursement-Equalization Ser $46,100
Expense:
4-10100-809-01-00-9900 General Fund Contingency
4-10100-194-01-00-3128 Professional Services
$(3,300)
$50,G00
$46,120
Chairperson, on behalf of the Finance and Personnel Committee, I move the
adoption of the foregoing resolution.
FINANCE AND PERSONNEL COMMITTEE
Resolution 49603 April 4, 1996
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Moved by Douglas supported by McPherson the resolution be adopted.
AYES: Devine, Dingeldey, Douglas, Garfield, Holbert, Huntoon, Jacobs,
Jensen, Johnson, Kaczmar, Kingzett, McCulloch, McPherson, Moffitt, Obrecht,
Palmer, Pernick, Powers, Quarles, Schmid, Taub, Wolf, AMOS, Crake. (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 April 4, 1996 with the original record
thereof now remaining in my office.
In Testimony Whereof, I have hereunto set my hand and
County of Oakland at Pontiac, Michigan this 4th day o A
OCC:3 ..•$1.-
affixed the seal of the
4
Lynh D. Allen, County Clerk