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MISCELLANEOUS RESOLUTION 101278 October 25, 2001
BY: FINANCE COMMITTEE, SUE ANN DOUGLAS, CHAIRPERSON
IN RE: DEPARTMENT OF MANAGEMENT & BUDGET — EXECUTION OF
DELINQUENT TAX REVOLVING FUND (DTRF) FISCAL RESPONSIBILITY
PLAN FOR WORK RELEASE FACILITY, JAIL MANAGEMENT AND VIDEO
CONFERENCING SYSTEM
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Chairperson, Ladies and Gentlemen:
WHEREAS the Board of Commissioners, by Misc. Resolution #01183 approved
July 19, 2001, adopted the Oakland County Delinquent Tax Fiscal (DTRF)
Responsibility Plan, which prudently utilizes DTRF resources without jeopardizing its
primary mission; and
WHEREAS the Plan limits the increased utilization of DTRF resources to funding
debt service on Board authorized bonds for certain specified capital projects that will
provide essential public service projects; and
WHEREAS the Board of Commissioners has authorized (by Misc. Resolution
#01265) the Oakland County Building Authority to issue bonds in the amount of $23.4
million to fund a County Work Release Facility, Jail Management System, and Video
Conferencing System located in various municipalities throughout the County, a project
contemplated in the DTRF Plan; and
WHEREAS the purpose of this resolution is to specifically authorize utilization of
DTRF resources to pay debt service on the aforementioned project.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of
Commissioners authorizes the utilization of Delinquent Tax Revolving Fund resources to
pay the debt service on $23.4 million capital project for the County Work Release
Facility, Jail Management System, and Video Conferencing System.
Chairperson, on behalf of the Finance Committee, I move approval of the
foregoing resolution.
FT/NANCE COMMITTEE
FINANCE COMMITTEE
Motion carried unanimously on a roll call vote with Melton absent.
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Date attwson. -,gity Executive Date
Resolution #01278 October 25, 2001
Moved by Douglas supported by Buckley the resolution be adopted.
AYES: Brian, Buckley, Causey-Mitchell, Coleman, Crawford, Dingeldey,
Douglas, Galloway, Garfield, Gregory, Law, McPherson, Melton, Millard,
Moffitt, Moss, Obrecht, Palmer, Patterson, Sever, Suarez, Taub, Webster,
Amos, Appel. (25)
NAYS: None. (0)
A sufficient majority having voted therefore, the resolution was
adopted.
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, G. William Caddell, 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 25, 2001 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 25th day of October, 2001.
G. William Caddell, County Clerk