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HomeMy WebLinkAboutResolutions - 1998.09.03 - 25552vs, FISCAL REPORT (M.R. #98193) September 3, 1998 BY: FINANCE COMMITTEE, SUE ANN DOUGLAS CHAIRPERSON IN RE: DISBURSEMENT OF FUND TO THE VILLAGE OF LAKE ORION PER MISC. RESOLUTION #85315 TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Chairperson, Ladies and Gentlemen: The Finance Committee, having reviewed the above reference 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. ai,44_ MISCELLANEOUS RESOLUTION #98193 BY: Commissioner Lawrence A. Obrecht IN RE: DISBURSEMENT OF FUNDS TO THE VILLAGE OF LAKE ORION PER MISC. 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 the 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 Village of Lake Orion has submitted a request for the disbursement of $553.00 for the purpose of partially defraying the cost of a computer in the Police Department. 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 $553.00 from the reserve account established by Misc. Resolution #85294 to the Village of Lake Orion for the purpose of partially defraying the cost of a computer in the Police Department. Chairperson, I move adoption of the foregoing resolution. Lrrence A. Obrecht lissioner, Distr . d (9, ( Resolution #98193 August 20, 1998 The Chairperson referred the resolution to the Finance Committee. There were no objections. Resolution #98193 September 3, 1998 Moved by Douglas supported by Obrecht the Finance Committee Report be accepted. A sufficient majority having voted therefor, the report was accepted. Moved by Douglas supported by Obrecht the resolution be adopted. AYES: Douglas, Garfield, Gregory, Hoffman, Holbert, Huntoon, Jacobs, Jensen, Johnson, Kaczmar, Kingzett, Law, McCulloch, McPherson, Moffitt, Obrecht, Palmer, Schmid, Taub, Amos, Coleman, Dingeldey. (22) NAYS: None. (0) A sufficient majority having voted there for, the resolution was adopted. n1n111•11•10M116 GQING RESOLU/TION1 7/0:e Date I 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 September 3, 1998 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 3rd day of September 1998. Lynfi D. Allen, County Clerk