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HomeMy WebLinkAboutResolutions - 1998.10.28 - 25503FISCAL REPORT (M.R. #98251) October 29, 1998 BY: FINANCE COMMITTEE, SUE ANN DOUGLAS, CHAIRPERSON IN RE: DISBURSEMENT OF FUNDS TO ROYAL OAK TOWNSHIP PER MISCELLANEOUS RESOLUTION #85315 TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Chairperson, Ladies and Gentlemen: The Finance Committee, having reviewed the above referenced resolution, reports with a recommendation that the resolution be adopted. Chairperson, on behalf of the Finance Committee, I move acceptance of the foregoing fiscal report. FINANCE COMMITTEE FINANCE COMMITTEE VOTE: Motion carried unanimously on a roll call vote with Douglas absent. MISCELLANEOUS RESOLUTION #98 2 5 1 BY: Commissioner Eric Coleman, District #21 IN RE: DISBURSEMENT OF FUNDS TO ROYAL OAK TOWNSHIP PER MISCELLANEOUS RESOLUTION #85315 To the Oakland County Board of Commissioners Chairperson, Ladies and Gentlemen: WHEREAS Oakland County was assessed an additional six percent on State Equalized Value (S.E.V.) On residential property in 1982, equivalent to $2.8 million; and WHEREAS the County Executive and Board of Commissioners believed this additional six percent assessment was unjustified and began the process of litigation against the Michigan State Tax Commission; and WHEREAS in anticipation of successful conclusion of the litigation, the Board of Commissioners established a reserve account in the amount of $2.8 million; and WHEREAS Oakland County was unsuccessful in this litigation and the Board of Commissioners, by Misc. Resolution #85294 decided to return the $2.8 million to the respective communities on a formula based upon residential S.E.V.; and WHEREAS as specified in Misc. Resolution #85315 - PROCEDURE FOR RELEASE OF FUNDS ALLOCATED ON MISC. RESOLUTION #85294, it is the intention of the Board of Commissioners that these funds be utilized by the local units of government for programs and projects of their choice, providing that all such uses conform to the Michigan Laws governing the use of county funds; and WHEREAS the Board of Commissioners, by Misc. Resolution #85315, established procedures for the review, approval and release of the subject funds allocated to cities, townships and villages; and WHEREAS in accordance with the aforementioned procedure, the Charter Township of Royal Oak has submitted a request for the disbursement of $1,604.00 to be used for signage on the Township Hall. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners, in compliance with the intent and procedures outlined in Misc. Resolution #85315, authorizes the disbursement of $1,604.00 from the reserve account established by Misc. Resolution #85294 to the Charter Township of Royal Oak for the above stated purpose. Chairperson, I move adoption of the foregoing resoluti rie Coleman Commissioner, District #21 Resolution #98251 October 15, 1998 The Chairperson referred the resolution to the Finance Committee. There were no objections. fir7PFRy L 'arQoks pa HE FOREGOING RESOLUTION Date ratan, County Executive ece IOV rIL Resolution 4t98251 October 29, 1998 Moved by Douglas supported by Coleman the Finance Committee Report be accepted. A sufficient majority having voted therefor, the report was accepted. Moved by Douglas supported by Coleman the resolution be adopted. AYES: Douglas, Garfield, Gregory, Hoffman, Huntoon, Jacobs, Jensen, Johnson, Kaczmar, Kingzett, Law, McCulloch, McPherson, Millard, Moffitt, Obrecht, Palmer, Schmid, Taub, Wolf, Amos, Coleman, Devine, Dingeldey. (24) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. STATE OF MICHIGAN) COUNTY OF OAKLAND) I, G. William Caddell, Deputy 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 October 29, 1998 with the original record thereof now remaining in my office. and affixed the seal of the In Testimony Whereof, I have hereunto set my ha 76 County of Oakland at Pontiac, Michigan thAos 29 day of "ober 1998. illt4,141 G. William Caddell, Deputy County Clerk