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MISCELLANEOUS RESOLUTION #96103 May 9, 1996
BY: PLANNING AND BUILDING COMMITTEE - CHARLES E. PALMER, CHAIRPERSON
IN RE: COMMUNITY AND ECONOMIC DEVELOPMENT/DEVELOPMENT AND
PLANNING - CREATION OF ONE (1) TECHNICAL ASSISTANT POSITION IN THE
FINANCIAL SERVICES UNIT.
To The Oakland County Board of Commissioners
Chairperson, Ladies and Gentlemen:
WHEREAS the Financial Services Unit of the Development and Planning Division is
responsible for the administration of the U.S. Small Business Administration (SBA) 504 loan
program for the Oakland County Local Development Company (LDC) as well as the Industrial
Revenue Bond program for the Economic Development Corporation; and
WHEREAS theU. S. Small Business Administration (SBA) 504 loan program and the
industrial revenue bond provide funding for Oakland County businesses expanding or purchasing
new facilities and new equipment; and
WHEREAS the administration of these programs involves following strict federal policies
and servicing the loans for 20 years from start to finish; and
WHEREAS over the last two years the Financial Services Unit has funded 47 projects,
totalling over S101 million in capital investment and another 46 projects are in the approval and/or
construction phases_ resulting in a continual growth of the portfolio and the associated workload;
and
WHEREAS the Development and Planning Division is requesting the creation of one
Technical Assistant position in the Financial Services Unit to provide additional support with the
increased workload and to augment its efficiency; and
WHEREAS the total cost of this position would be fully funded by the Oakland County
Local Development Company (LDC) with no impact on the County General Fund.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners
approves the creation of one (1) governmental Technical Assistant position in the Financial Services
Unit of the Development and Planning Division.
BE IT FURTHER RESOLVED that the loss of funding from the funding source shall result
in the elimination of this position.
Chairperson, on behalf of the Planning and Building Committee, I move the adoption of the
foregoing resolution.
PLANNING AND BUILDING COMMITTEE
IT
FISCAL NOTE (MiSC. #96103)
BY: FINANCE AND PERSONNEL COMMITTEE, Sue Ann Douglas, Chairperson
IN RE: COMMUNITY AND ECONOMIC DEVELOPMENT/DEVELOPMENT AND PLANNING - CREATION OF ONE
(1) TECHNICAL ASSISTANT POSITION IN THE FINANCIAL SERVICES UNIT
To the Oakland County Board of Commissioners
Chairperson, Ladies and Gentlemen:
Pursuant to Rule XII-F of this Board, the Finance Committee ha S reviewed the
above referenced resolution and finds:
1. The resolution requests the creation of one (1) governmental Technical
Assistant position in the Financial Services Unit of the Development and
Planning Division to assist with the increased workload and augment
efficiency in the administration of the U.S. Small Business
Administration 504 loan program for the Oakland County Local Development
Company.
2. The total cost of the position will be reimbursed by the Oakland County
Local Development Company.
3. The 1996/1997 Budget is amended as follows:
Revenue
3-10100-192
Expense
4-10100-192
4-10100-192
1996, 1997
$23,931 $38.890 -01-00-2119 Economic Development Fees
-02-00-1001 Salaries $16,313 $26,510
-02-00-2074 Fringe Benefits 7,618 12,380
$23-931, $38,890
$ ri 0
FINANCE AND PERSONNEL COMMITTEE
Resolution 496103 May 3, 1996
Moved by Palmer supported by Law the resolution be adopted.
AYES: Holbert, Huntoon, Jacobs, Jensen, Johnson, Kaczmar, Kingzett, Law,
McCulloch, McPherson, Moffitt, Obrecht, Palmer, Pernick, Powers, Quarles, Schmid,
Taub, Wolf, Amos, Crake, Devine, Dingeldey, Douglas, Garfield. (25)
NAYS: None. (0)
A sufficient majority having voted therefor, the resolution was adopted.
L. Brooks erson, COUnty EXK EI UtiV
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 9, 1996 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 9th day of May 1996.
,
Lynn/D.-Allen, County Clerk