HomeMy WebLinkAboutResolutions - 2005.12.08 - 27825December 8, 2005
MISCELLANEOUS RESOLUTION #05308
BY: PLANNING AND BUILDING COMMITTEE, CHARLES E. PALMER, CHAIRPERSON
IN RE: PLANNING AND ECONOMIC DEVELOPMENT SERVICES DIVISION RESOLUTION
APPROVING PROJECT PLAN (THE DETROIT SKATING CLUB, INC. PROJECT) - CHARTER
TOWNSHIP OF BLOOMFIELD
To Oakland County Board of Commissioners
Chairperson, Ladies and Gentlemen:
WHEREAS The Economic Development Corporation of the County of Oakland
(the "EDC") has recommended that the Board of Commissioners approve the
Project Plan required by the Economic Development Corporations Act (the "Act")
for the captioned Project, a copy of which has been presented to this meeting
(the "Project Plan"); and
WHEREAS the EDC's recommendations to the Board of Commissioners were
based upon its determinations that the Project is reasonable and necessary to
effectuate the purposes of the Act, that the Project Plan satisfies all of the
requirements of the Act regarding project plans and that a letter of credit
issued by a financial institution acceptable to the EDC will be available to
pay debt service; and
WHEREAS the governing body of the Charter Township of Bloomfield,
Oakland County, Michigan, has also approved the Project Plan and given its
consent to the exercise of jurisdiction over the Project by the EDC; and
WHEREAS the Board of Commissioners has held a public hearing to consider
whether the Project Plan constitutes a public purpose as contemplated by the
Act; and
WHEREAS the Board of Commissioners, following such public hearing and
its review of the Project Plan, hereby certifies, approves and concurs in the
determinations of the EDC with respect thereto;
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of
Commissioners hereby determines that the Project Plan constitutes a public
purpose as contemplated by the Act; and
BE IT FURTHER RESOLVED that the Oakland County Board of Commissioners
hereby certifies and approves the Project Plan; and
BE IT FURTHER RESOLVED that the EDC is hereby authorized to take such
steps as are necessary to implement the Project and the financing thereof by
the issuance of its limited obligation revenue bonds as contemplated by the
Project Plan; and
BE IT FURTHER RESOLVED that the County Clerk is hereby directed to
provide four certified copies of this resolution to the Assistant Secretary of
the Board of the EDC.
Chairperson, on behalf of the Planning and Building Committee, I move
the adoption of the foregoing resolution.
PLANNING AND BUILDING COMMITTEE
Planning & Building Committee Vote:
Motion carried on unanimous roll call voé
PROJECT PLAN
SUMMARY DESCRIPTION OF
THE DETROIT SKATING CLUB. INC. PROJECT
OWNER OF PROJECT:
The Detroit Skating Club, Inc., a Michigan nonprofit corporation
CONTACT PERSON: (Name, address, telephone number)
Brian Dilworth
Managing Director
Detroit Skating Club
888 Denison Court
Bloomfield Hills MI 48302
248-332-3000 ext. 103
bdilworth@dscclub.com
LOCATION OF PROJECT: (Local municipality)
Charter Township of Bloomfield
PROJECT AREA/DISTRICT AREA: See Exhibit A
NATURE OF PROJECT:
improvement and expansion of existing facilities and refinancing of outstanding EDC and bank
indebtedness.
EMPLOYMENT CREATED OR RETAINED:
Approximately 12 created and 72 retained
TOTAL PROJECT COST:
Approximately S9 million
BONDS TO BE ISSUED:
.Approximately S9 million, to be issued in one or more series
LETTER OF CREDIT ISSUER:
Fifth Third Bank
THE ECONOMIC DEVELOPMENT CORPORATION
OF' rHE COUNTY OF OAKLAND
Oakland County, Michigan
The Detroit Skating Club, Inc. Project
PROJECT PLAN
CONTENTS
1. Summary Description of Project (Page 1)
2. Project Plan Certification by Company (Page 2)
3. Statutorily Required Information (Page 3)
4. Exhibits
"A" - Project Area Legal Description
"B" - Letter of Credit Commitment Letter
"C" - Company Certificate Regarding Transfer of Employment
- Company Certificate Regarding Payment or Prevailing Wa12,es
Other
PROJECT PLAN
SUMMARY DESCRIPTION OF
THE DETROIT SKATING CLUB. INC:. PROJECT
OWNER OF PROJECT:
The Detroit Skating Club, Inc., a Michigan nonprofit corporation
CONTACT PERSON: (Name, address, telephone number)
Brian Dilworth
klanaging Director
Detroit Skating Club
S8S Denison Court
Bloomfield Hills MI 48302
248-332-3000 ext. 103
bd i lvorhTdscclub.coni
LOCATION OF PROJECT: (Local municipality)
Charter Township or Bloomfield
PROJECT AREA/DISTRICT AREA: Sec Exhibit A
NATURE OF PROJECT:
Improvement and expansion of existing facilities and refinancing of outstanding ED(' and bank
indebtedness.
EMPLOYMENT CREATED OR RETAINED:
Approximately 12 created and 72 retained
TOTAL PROJECT COST:
Approximately S9 million
BONDS TO BE ISSUED:
Approximately 59 million, to be issued in one or more series
LETTER OF CREDIT ISSUER:
Filth Third Bank
PROJECT PLAN CERTIFICATION
THIS PROJECT PLAN WAS PREPARED FOR THE
ECONOMIC DEVELOPMENT CORPORATION OF THE
COUNTY OF OAKLAND IN ACCORDANCE WITH THE
REQUIREMENTS OF THE ECONOMIC DEVELOPMENT
CORPORATIONS ACT, ACT NO, 338 OF THE MICHIGAN
PUBLIC ACTS OF 1974. AS AMENDED.
THE UNDERSIGNED HAS PROVIDED ALL OF THE
INFORMATION CONTAINED HEREIN AND HEREBY
CERTIFIES AS TO THE ACCURACY .AND VALIDITY OF
SUCH INFORMATION AS OF THIS DATE.
THE UNDERSIGNED UNDERSTANDS THAT THIS PROJECT
PLAN IS STATUTORILY REQUIRED AND, IF IT CONTAINS
ANY MATERIAL MISREPRESENTA'FION OR
INACCURACY. COULD RESULT IN THE INVALIDATION
OF THE ECONOMIC DEVELOPMENT CORPORATION
PROCEEDINGS REGARDING THE PROJECT TO WHICH
THE PROJECT PLAN PERTAINS,
THE DETROIT SKATING CLUB, INC.
By:
Brian Dilworth
Its: Mani.u4ing Director
Dated: November 1S. 2005
PROJECT PLAN
STATUTORILY REQUIRED INFORMATION REGARDING
'HIE DETROIT SKATING CLUB, INC. PROJECT
THE LOCATION AND EXTENT OF EXISTING STREETS AND OTHER
PUBLIC FAC.EL.ITIES WITHIN THE PROJECT DISTRICT AREA; THE LOCATION,
CHARACTER, AND EXTENT OF THE CATEGORIES OF PUBLIC AND PRINiATE LAND
USES NOW EXISTINCi AND PROPOSED FOR THE PROJECT AREA INCLUDING
RESIDENTIAL, RECREATIONAL, COMMERCIAL, INDUSTRIAL EDUCATIONAL AND
OTHER USE AND A LEGAL DESCRIPTION OF THE. PROJECT AREA:
There are no streets or other public facilities within the project district area. The project
area is presently occupied by facilities containing three ice rinks, one Olympic size, for
fecreational and educational use, principally figure skating and ice hockey.
Legal description of Project Area attached as Exhibit A.
H. A DESCRIPTION OF EXISTING IMPROVEMENTS IN THE PROJECT AREA
TO BE DEMOLISHED. REPAIRED, OR ALTERED; A DESCRIPTION OF REPAIRS AND
ALTERATIONS; AND AN ESTIMATE OF THE TIME REQUIRED FOR COMPLETION:
The existing facilities will be upgraded and repaired, existing equipment vill be
upgraded, and the existing 100,000 square foot facility will be expanded by 6,000 square feel to
accommodate a fitness center, presently contemplated to be operated in conjunction with
William Beaumont Hospital (although no agreements have yet been executed in that regard).
Some of the upgrades and repairs include replacing the roof, rink heaters, ceilings, cement and
stands and .repaving the parking lot. In addition, new equipment to be purchased includes, but is
not limited to, dehumidifiers, zambonis. phone system and HVA.C. The construction timetable is
described in III below.
III. THE LOCATION, EXTENT, CH.ARACTER, AND ESTIMATED COST OF
THE IMPROVEMENTS, INCLUDING 'REHABILITATION CONTEMPLATED FOR THE
PROJECT AREA, AND AN ESTIMAT.E OF THE TIME REQUIRED FOR COMPLETION:
All improvements, as described in II above, will be made on or to the existing facility.
Capital improvements to the facility and equipment acquisition will be made beginning in the
Fall of 2005 and completed by Fall of 2007. Site preparation for the addition is scheduled to
begin in the Fall of 2006, with construction to commence in the Spring of 2007 and be complete
in the Fall of 2007,
IV. A DESCRIPTION OF THE CONSTRUCTION OR STAGES OF
CONSTRIJCHON PLANNED. AND THE ESTIMATED TIME OF COMPLETION OF EACH
STAGE:
See III above
V. A DESCRIPTION OF THE PARTS OF THE PROJECT AREA TO BE LEFT
AS OPEN SPACE AND THE USE CONTEMPLATED FOR THE SPACE:
Existing open space around the facility will be affected only to the extent necessary to
accommodate the new 6,000 square foot addition.
VI. A DESCRIPTION OF PORTIONS OF THE PROJECT AREA WHICH THE
ECONOMIC DEVELOPMENT CORPORATION OR THE COMPANY DESIRES TO SELL,
DONATE. EXCHANGE OR LEASE TO OR FROM THE MUNICIPALITY AND THE
PROPOSED TERMS:
Not Applicable
4
VII. A DESCRIPTION OF DESIRED ZONING CHANGES AND CHANGES IN
STREET, STREET LEVELS, INTERSECTIONS AND UTILITIES:
None
VIII. A DESCRIPTION OF THE PROPOSED METHOD OF FINANCING THE
PROJECT, INCLUDING AT- riis.CHMENT OF A COPY OF THE LETTER OF CREDIT
COMMITMENT LETTER:
The project is contemplated to be financed with the proceeds of tax-exempt bonds to be
issued in one or more series by The Economic Development Corporation of the County of
Oakland in the approximate aggregate amount of $9 million. The bonds will be secured by an
irrevocable direct-pay letter of credit issued by Fifth Third Bank and underwritten by Fifth Third
Securities, Inc.
Copy of Letter of Credit commitment letter attached as Exhibit B.
[X. A STATEMENT REGARDING THE PAYMENT OF PREVAILING WAGE
.AND FRINGE BENEFIT RATES AS DETERMINED PURSUANT TO ACT NO. 166 OF THE
MICHIGAN PUBLIC ACTS OF 1965, AS AMENDED (REGARDING WAGES ON STATE
CONTRACTS):
See Exhibit
5
X. A 1.IST OF PERSONS WHO WILL MANAGE OR BE ASSOCIATED WITH
JUL MANAGEMEN1 OF TliE PROJECT FOR A PERIOD OF NOT LESS JuAN (ONE)
YEAR FROM TI IL DATE OF APPROVAL OF THE PROJECT PLAN:
Brian Dilworth, Manning Director
Ed Kmit, President, Board of Directors
XI. DESIGNATION OF THE PERSON OR PERSONS, NATURAL OR
CORPORATE, TO WI.40M THE PROJECT IS TO BE LEASED, SOLD OR CONVEYED
AND FOR WI-10SE BENEY.II THE PROJECT IS BEING UNDERTAK.EN, TO "ITIE EX 'T ENT
THAT .INFORMATION IS PRESENTLY AVAILABLE:
Not Applicable
XII. IF THERE 1S NOT AN EXPRESS OR IMPLIED AGREEMENT WITH A
PERSON OR PERSONS, NATURAL OR CORPORATE, THAT THE PROJECT WIT I BE
LEASED, SOLD, OR CONVEYED TO THOSE PERSONS, THE PROCEDURES FOR
BIDDING FOR THE LEASING, PURCHASING OR CONVEYING OF THE PROJECI
UPON ITS COMPLETION:
Not Applicable
.X1.11. ESTIMATES OF THE NUMBER OF PERSONS RESIDING IN THE PROJECT
AREA AND THE NUMBER OF FAMILIES AND INDIVIDUALS TO BE DISPLACED. IF
OCCUNED RESIDENCES ARE DESIGNATED FOR ACQUISITION AND CLEARANCE,
INCLUDE SURVEY OF THE FAMILIES AND INDIVIDUALS TO BE DISPLACED,
INCLLIDING THEIR INCOME AND RACIAL COMPOSITION, A STATISTICAL
DESCRIPTION OF 71HE HOUSING SUPPLY IN THE COMMUNITY, INCLUDING THE
NumBER. OF PRIVA.TE AND PUBLIC uNrrs IN EXISTENCE OR UNDER
CONSTRUCTION, THE CONDITION OF THOSE IN 'EXISTENCE, T.HE NUMBER OF
OWNER-OCCUPIED AND RENTER-OCCUPIED UNITS, THE ANNUAL RATE OF
6
TURNOVER OF THE. VARIOUS TYPES OF HOUSING AND THE RANGE OF RENTS
AND SALE PRICES, AN ESTIMATE OF THE ToT AL DEMAND FOR HOUSING IN THE
COM.MUNIFY, AND TI iF ESTIMA'f ED CAPACITY OF PRIVATE AND PUBLIC
HOUSING AV.AILABLE TO DISPLACED FAMILIES AM) INDIVIDUALS:
Not Applicable
XIV. A PLAN FOR ESTABLISHING PRIORITY FOR THE RELOCATION OF
PERSONS DISPLACED BY THE. PROJECT IN NEW HOUSING IN THE .PROJECT AREA
Not Applicable
XV. PROVISION FOR THE COSTS OF RELOCATING .PERSONS DISPLACED
I3Y THE PROJECT AND FINANCIAL ASSISTANCE AND REIMBURSEMENT OF
EXPENSES, INCLUDING LITIGATION EXPENSES AND EXPENSES INCIDENT 10 11-11
'TRANSFER OF TITLE, IN ACCORDANCE WITH THE STANDARDS AND PROVISIONS
OF 'FITE FEDERAL UNIFORM RELOCATION ASSISTANCE AND REAL PROPERTY
ACQUISITION POLICIES ACT OF 1970, 42 U.S.C. 460i TO 4655:
Not Applicable
7
XVI. A PLAN FOR COMPLIANCE WITH ACT NO. 227 OF THE MICHIGAN
PUBLIC .ACTS OF 1972, WHICH PERTAINS To PROVIDING FINANCIAL ASSISTANCE,
ADVISORY SERVICES AND REIMBURSEMENT OF CERTAIN EXP.E.NSES -PC)
DISPLACED PERSONS;
Not Applicable
"XVII, OTHER. MATERIAL AS THE ECONOMIC DEVELOPMENT
CORPORATION, LOCAL PUBLIC AGENCY, OR GOVERNING BODY CONSIDERS
'PERTINENT:
Not Applicable
8
Exhibit A
PROJECT AREA LEGAL DESCRIPTION
Land in the Township of Bloomfield. County of Oakland. State of Michigan, described as
fellows:
Lots 7 through 11 inclusive, Bloomfield Industrial Park Subdivision, according to the recorded
Plat thereof, as recorded in Liber 126, of Plats, Pages 1 and 2. Oakland County Records, and that
part of the Southeast 1/4 of Section 5, Town 2 North, Range 10 East. Bloomfield Township.
Oakland County, Michigan, described as: Commencing at the Southeast corner of said Section
5: thence North 89 degrees 53 minutes 21 seconds West, 344.45 feet along the South line of said
Section 5: thence North 00 degrees 02 minutes 59 seconds East, 232.81 feet; thence North 58
degrees 23 minutes 55 seconds West. 462.47 feet: thence North 00 degrees 02 minutes 33
seconds West, 776.49 feet to the Point of beginning: thence South 89 degrees 57 minutes 27
seconds West, 400.00 feet: thence North 00 degrees 02 minutes 33 seconds West, 299.59 feet;
thence North 89 degrees 57 minutes 27 seconds East, 400.00 feet; thence South 00 degrees 02
minutes 33 seconds East, 299.59 feet to the point of beginning.
Parcel P19-05-476-088
Exhibit B
LETTER OF CREDIT
COMMITMENT LETTER
B- 1
By:
Exhibit C
COMPANY CERTIFICATE REGARDING
TRANSFER OF EMPLOYMENT
(The Detroit Skating Club, Inc. Project)
The undersigned, The Detroit Skating Club, Inc., a Michigan nonprofit corporation (the
"Company"), hereby certifies to The Economic Development Corporation of the County of
Oakland (the "EI)C") as follows:
This Certificate is made and based upon the best of the Company's knowledge and
belief, only after thorough investigation and discussion with all owners of the Company and
others who might have knowledge regarding the subject matter.
2. The Company acknowledges that this Certificate will be employed by the EDC as
the sole basis for the EDC's certification to the Board of Commissioners of the County of
Oakland as to transfer of employment as required by Section 8(3) oldie Economic Development
Corporations Act, Act Na. 338 olthe Michigan Public Acts of 1974, as amended (the "Act").
3. The Company understands that the EDC"s Certification to the Board of
Commissioners of the County of Oakland is a statutory requirement which, if improperly made
or based upon any material misrepresentation or inaccuracy, might invalidate the proceedings
regarding The Detroit Skating Club, Inc, Project (the "Project") pursuant to which the EDC
expects ultimately to issue its limited obligation economic development revenue bonds to finance
all or part of the Project.
4. As of the date hereof, the Project shall not have the effect of transferring
employment of more than 20 full-time persons from a municipality (as that term is defined in the
Act) of this State to the Charter Township of Bloomfield, Michigan. the municipality in which
the Project will be located.
5. The Company understands that a covenant to effectuate the purposes of this
Certificate will be included in those covenants to be made by the Company when bonds are
issued by the EDC for the benefit of the Project.
THE DETROIT SKATING CLUB, INC., a
Michigan nonm1191corporation
Brian Dilworth
Its: Maniwing Director
Dated: November 18, 7005
C -1
Exhibit D
COMPANY CERTIFICATE REGARDING
PAYMENT OF PREVAILING WAGES
(The Detroit Skating Club. Inc. Project)
The undersigned, The Detroit Skating Club, Inc., a Michigan nonprofit corporation (the
"Company"), hereby certifies to The Economic Development Corporation of the County of
Oakland (the "EDC") as follows:
The Company understands that this Certificate is a statutory requirement under
the Economic Development Corporations Act, Act No. 338 of the Michigan Public Acts of 1974,
as amended (the "Act") which, if improperly made or based upon any material misrepresentation
or inaccuracy, might invalidate the proceedings regarding The Detroit Skating Club, Inc. Project
(the "Project") pursuant to which the EDC expects ultimately to issue its limited obligation
economic development revenue bonds to finance all or part of the Project.
2. Within the meaning and intent of Section 8(4)(h) of the Act, all persons
performing work on the construction of the Project will be paid the prevailing wage and fringe
benefit rates for the same or similar work in the locality in which the work is to be performed, as
detennined pursuant to Act No. 166 of the Michigan Public Acts oil965, as amended.
THE DETROIT.SKATING CLUB, INC.
By:
Brian Dilworth
Its: Managing Director
Dated: November 18, 2005
1311 6142870
THE DETROIT SKATING CLUB, INC.
CREDIT, UNDERWRITING AND REMARKETING
SERVICES
TAX-EXEMPT VARIABLE RATE DEMAND REVENUE
BONDS, LETTER OF CREDIT
FACILITY I:
Issuer:
Obligor:
Par Amount:
Purpose:
Security Structure:
Security for Bonds:
Letter of Credit Term:
Collateral:
Bond Underwriter:
Remarketing Agent:
Bond Trustee:
Bond Underwriter &
Bank Counsel:
The Detroit Skating Club, Inc.
The Detroit Skating Club, Inc.
Not to exceed $8,800,000 Letter of Credit to
include an interest coverage component of
10% for 45 days (monthly interest
payments) or 10% for 98 days (quarterly
interest payments).
Retire current $4,045,000 tax-exempt bond
debt owed by Detroit Skating Club and
balance of the issuance to be used to
renovate the facilities of The Detroit Skating
Club, Inc. in Bloomfield Hills, Michigan.
Letter of Credit Enhanced Non-Taxable
Variable Rate Demand Bonds
Irrevocable Direct Pay Letter of Credit
issued by Fifth Third Bank (LOC) will be
used for the Par Amount of Bonds, plus 45
days interest coverage at 10% (monthly
interest payments) or 98 days interest
coverage at 10% (quarterly interest
payments).
Required payment amount will be amortized
over 20 years. The original term of the
Letter of Credit commitment will be at the
Borrower's option: 3 or 5 years.
First real estate mortgage position on real
estate assets with adequate value to secure
the letter of credit at an 80% advance ratio.
Fifth Third Securities, Inc.
Fifth Third Securities, Inc.
The Bank of New York Trust Company,
N.A., Detroit, Michigan.
Law firm approved by the Borrower, Fifth
Third Securities, Inc., and Fifth Third Bank.
FACILITY i CONT:
Letter of Credit
Annual Fee:
Letter of Credit
Commitment Fee:
Letter of Credit
Draw Fee:
Rate tiered to Debt to Net Worth Ratio as
indicated below. Rate is a percentage of the
outstanding Letter of Credit amount.
Payable annually in advance.
Three Year Letter of Credit Commitment
85 basis points (0.85%)
Five-Year Letter of Credit Commitment
90 basis points (0.90%)
$11,500, payable at closing.
$100 per draw.
See attached Bond term sheet for Bond interest rate options,
up-front and annual bond issuance fees, underwriter's discount
and remarketing fee.
Loan Documentation: The LOC will be evidenced by a Letter of
Credit Reimbursement Agreement which
will include the terms and financial
covenants, and shall be further supported
by any mortgage, security agreement,
financing statements, and such other
documents as shall be required by Fifth
Third Bank. The form and substance of the
loan documentation must be satisfactory to
Fifth Third.
FACILITY II:
Borrower:
Loan Amount:
The Detroit Skating Club, Inc.
$500,000 secured revolving line of credit.
Purpose: Support the operations of The Detroit
Skating Club, Inc.
Interest Rate: Fifth Third Bank's Prime Rate (currently
7.00%), floating.
Term: The line of credit will mature 12 months
from date of closing.
Payments: Monthly interest payments.
Collateral: First lien position on all assets of The
Detroit Skating Club, Inc.
Bank Fee: $425.00 loan processing fee with automatic
deduction of monthly payments.
Additional requirements applying to proposed credit facilities.
Covenants: - Debt Service Coverage of 1.15:1.00,
measured annually.
- Total Liabilities to Net Worth not-to-exceed
4.45:1.00, measured annually.
- All debt cross-liened and cross-defaulted.
Closing Costs: Customer to reimburse bank for all out-of-
pocket costs, including legal fees, if any.
Additional
Requirements: The Borrower will agree to provide the Bank
the following (at the Borrower's expense):
- Satisfactory background investigation of
The Detroit Skating Club, Inc.
- Certified real estate appraisals on the
property securing the letter of credit. The
amount of the letter of credit will be limited to
the lesser of 80% of the appraised value or
$8,800,000.
- Environmental screening on the properties
securing the letter of credit from a firm
acceptable to the Bank. The results and
content of the report must be reviewed and
approved by the Bank prior to funding.
Additional
Requirements cant:
Mortgage title insurance on the
properties securing the letter of credit
with all encroachments and exceptions
acceptable to the Bank.
Survey on the properties securing the
letter of credit.
Any other information that may be
reasonably requested by the Bank.
Accounts: Borrower to maintain its deposit accounts
with Fifth Third Bank.
Reporting
Requirements: - Annual audited consolidated financial
statement of The Detroit Skating, Club, Inc.
- Quarterly company prepared financial
statements of The Detroit Skating, Club, Inc.
- Annual Projections for The Detroit Skating
Club, Inc.
- Annual Compliance Report.
This outline is for discussion purposes only and does not
represent the Bank's commitment to lend. This term sheet is
intended as an outline and does not purport to summarize all
the terms, conditions, representations, warranties, and other
provisions to be mutually agreed upon and contained in
definitive loan documentation.
I HEREBY APPROVE THE JOREGOING RESOLUTION
/21/
Resolution #05308 December 8, 2005
Moved by Palmer supported by Jam ian the resolution be adopted.
AYES: Jamian, KowaII, Long, Melton, Molnar, Moss, Nash, Palmer, Patterson, Potter, Rogers,
Scott, Suarez, Woodward, Zack, Bullard, Coulter, Crawford, Douglas, Gershenson, Gregory,
Hatchett. (22)
NAYS: None. (0)
A sufficient majority having voted in favor, the resolution was adopted.
e""'
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Ruth Johnson, 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 December 8, 2005,
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 8th day of December, 2005.
RutitttitisYn, County Clerk