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HomeMy WebLinkAboutMinutes - 1990.10.11 - 7178OAKLAND COUNTY Board Of Commissioners MEETING October 11, 1990 Meeting called to order at 9:58 A.M. by Chairperson Roy Rewold in the Courthouse Auditorium, 1200 N. Telegraph Road, Pontiac, Michigan, Roll Called. PRESENT: Aaron, Bishop, Caddell, Calandra, Chester, Crake, Ferrens, Gosling, Huntoon, Jensen, Johnson, Richard Kuhn, Law, Luxon, McConnell, McPherson, Moffitt, Oaks, Olsen, Pappageorge, Pernick, Price, Rewold, Skarritt, Wolf. (25) ABSENT: Susan Kuhn, McCulloch. (2) Quorum present. Invocation given by Commissioner Madeline Luxon. Pledge of Allegiance to the Flag. Moved by Pernick supported by Olsen the minutes of the September 27, 1990 meeting be approved as printed. A sufficient majority having voted therefor, the minutes were approved. Moved by Olsen supported by Skarritt the agenda be amended and the Rules suspended for the following: (Waive Rule XI F - Direct Referral to Finance Committee) ITEMS ALREADY ON PRINTED AGENDA PLANNING AND BUILDING COMMITTEE: d. Drain Commissioner - Jensen Drain, Full Faith and Credit Bonds e. Drain Commissioner - Bonds to Defray Evergreen-Farmington Sewage Disposal System - Lathrup Village f. Drain Commissioner - Bonds to Defray Evergreen-Farmington SOS Pollution Control Facilities - Amy Relief Sewers g. Drain Commissioner - Bonds to Defray Evergreen-Farmington SOS Permanent Meter Installation & Interceptor Rehabilitation h. Drain Commissioner - Bonds to Defray Evergreen-Farmington SDA Pollution Control Facilities, Seg. I and II Improvements A sufficient majority having voted therefor, the motion to suspend the rules and amend the agenda carried. Vote on Agenda as amended: A sufficient majority having voted therefor, the Agenda, as amended, was approved. The Chairperson made the following statement: "At ths time a Public Hearing is now held on the 1990 Tax Rates. Notice of the Public Hearing was published in the Oakland Press on October 1, 1990. Are there any persons present that wish to speak at the Public Hearing?" No persons requested to speak and the Public Hearing was declared closed. 342 The following persons addressed the Board: Lisa McWilliams, Rosemary Kellar Clark, Marilyn Burton-Ristau, Larry Barton and Carolyn Peyser. 343 Commissioners Minutes Continued. October 11, 1990 Misc. 90237 By Finance Committee IN RE: 1990 COUNTY GENERAL FUND PROPERTY TAX AND PARKS & RECREATION TAX RATES To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS the County has a fixed millage tax rate of 5.26 mills and a voted .25 mill for Parks & Recreation; and WHEREAS the Huron-Clinton Authority has requested the County to apportion a .25 mill property tax rate; and WHEREAS application of the compound millage rollback acquired by Article 9, Section 31, of the Michigan Constitution, the Headlee Tax Limitation Amendment, results in the maximum allowable County tax rate of 4.5720 mills, a Parks & Recreation maximum allowable tax rate of .2173 mill and a Huron-Clinton Authority maximum allowable tax rate of .2292 mill; and WHEREAS Public Act 5 of 1982, "Truth in Taxation" Act, requires the County Board of Commissioners to hold a public hearing if the recommended property tax rate exceeds the adjusted Base Tax Rate of 4.2581 mills; and WHEREAS the County Executive recommends that the County tax rate be set at 4.5720 mills, .0671 mills lower than the 1989 County tax rate; and WHEREAS the Finance Committee recommends that the 1990 County General Fund Property Tax rate be set at 4.5720 mills, the maximum allowable tax rate; the Oakland County Parks & Recreation Tax rate be set at .2173 mill, the maximum allowable tax rate; and the Huron-Clinton Park Authority tax rate be set at .2292 mill, the maximum allowable tax rate ., and WHEREAS $117,802,085 is the amount of the 1991 County General Fund Budget to be raised by taxation based on the 1989 Equalized Valuation of $25,765,985,374 at the recommended tax rate of 4.5720 mills, together with the voted .2173 mill •for Parks & Recreation of $5,598,949 and the .2292 mill for the Huron-Clinton Authority of $5,905,564; and WHEREAS a sum not to exceed $350,000 from the General Fund Tax Levy will be recommended with adoption of the 1991 General Appropriations Act to supplement the Tax Tribunal Appeals Designated Fund Balance previously established to provide for several significant outstanding tax appeals. NOW THEREFORE BE IT RESOLVED Oakland County Board of Commissioners authorizes and directs that each Supervisor of the various townships and Assessing Officers of the several cities of Oakland County spread on their respective township or city tax rolls for the year 1990 the following tax rates to be applied to their 1989 equalized valuation: 1990 County Voted for Huron-Clinton General Property Tax Levy Parks & Recreation Park Authority 4.5720 Mills .2173 Mill .2292 Mill Mr. Chairperson, on behalf of the Finance Committee, I move adoption of the foregoing resolution. FINANCE COMMITTEE G. William Caddell, Chairperson Moved by Caddell supported by Olsen the resolution be adopted. Moved by Olsen supported by Gosling the resolution be amended in the NOW THEREFORE BE IT RESOLVED paragraph following "of the cities of Oakland County" - add "reduce the current County tax millage rate from 4.6391 to 4.5720, and further direct them to" spread..... A sufficient majority having voted therefor, the amendment carried. Moved by Aaron supported by McPherson the resolution be further amended as follows: "the 1990 General Property Tax Levy be set at 4.2581 mills and the adjusted tax rate under the Truth in Taxation Act." AYES: Aaron, Ferrens, Luxon, McPherson, Oaks, Pernick, Price. (7) NAYS: Bishop, Caddell, Calandro, Chester, Crake, Gosling, Huntoon, Jensen, Johnson, R. Kuhn, McConnell, Moffitt, Pappageorge, Rewold, Skarritt, Wolf. (16) A sufficient majority NOT having voted therefor, the amendment failed. Vote on resolution as amended: AYES: Bishop, Caddell, Calandro, Chester, Crake, Gosling, Huntoon, Jensen, Johnson, R. Kuhn, Moffitt, Pappageorge, Rewold, Skarritt, Wolf. (15) NAYS: Ferrens, Luxon, McPherson, Pernick, Aaron. (5) A sufficient majority having voted therefor, the resolution was adopted. Commissioners Minutes Continued. October 11, 1990 344 Misc. 90238 By Finance Committee IN RE: Central Services - Parks and Recreation - ADDISON OAKS ACQUISITION GRANT To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS pursuant to Miscellaneous Resolution 89105, the Oakland County Parks and Recreation Commission applied to the Department of Natural Resources Natural Trust Fund (MNRTF) for funds to acquire 139 acres of land for preservation and future expansion; and WHEREAS MNRTF has awarded the sum of money equal to 75% of the total cost, not to exceed $307,500 with Oakland County Parks and Recreation's share being $102,500 for a total grant of $410,000; and WHEREAS acceptance of this grant does not obligate the County to any future commitment; and WHEREAS the Office of Corporation Counsel has reviewed the grant and approved it as to legal sufficiency. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners accepts the grant in an amount not to exceed $307,500. BE IT FURTHER RESOLVED that the Chairperson of the Board is authorized to execute the grant agreement and to approve amendments to the agreement,up to (15) fifteen percent variance from the original award which are consistent with the agreement as approved. Mr. Chairperson, on behalf of the Finance Committee, I move the adoption of the foregoing resolution. FINANCE COMMITTEE G. William Caddell, Chairperson Report to the Finance Committee By Planning and Building Committee IN RE: Central Services - Parks and Recreation - ADDISON OAKS ACQUISITION GRANT The Planning and Building Committee has reviewed the proposed grant and finds: 1) Oakland County Parks and Recreation is the recipient of funding from the Department of. Natural Resources Natural Resources Trust Fund (MNRTF) for purchase of 139 acres of land adjacent to the park on a twenty-five (25) percent matching basis in a maximum obligation of $102,500 of the total project cost of $410,000. 2) The project consists of the purchase of land for preservation and future expansion. 3) The County's match is funded from the Oakland County Parks and Recreation Commission 1/4 millage passed in 1990. 4) The Parks and Recreation Commission has reviewed and approved the development grant subject to ratification by the Oakland County Board of Commissioners and believe it to be in the County's interest to accept the grant. 5) This is not an ongoing grant and will not obligate the County to further commitments. Mr. Chairperson, on behalf of the Planning and Building Committee, I move the acceptance of the foregoing report. PLANNING AND BUILDING COMMITTEE Moved by Caddell supported by Huntoon the resolution be adopted. Moved by Caddell supported by Johnson the Planning and Building Committee Report be accepted. A sufficient majority having voted therefor, the report was accepted. Vote on resolution: AYES: Caddell, Calandro, Chester, Crake, Ferrens, Gosling, Huntoon, Jensen, Johnson, R. Kuhn, Luxon, McPherson, Moffitt, Oaks, Pappageorge, Pernick, Rewold, Skarritt, Wolf, Aaron, Bishop. (21) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. Misc. 90239 By Finance Committee IN RE: Central Services - Parks and Recreation - LYON ROOKERY ACQUISITION To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS pursuant to Miscellaneous Resolution #89105, the Oakland County Parks and Recreation Commission applied to the Department of Natural Resources Natural Trust Fund (MNRTF) for funds to acquire and preserve 768 acres of land in Lyon Township; and WHEREAS MNRTF has awarded the sum of money equal to 67% of the total cost, not to exceed $1,000,000 with Oakland County Parks and Recreation's share being $500,000 for a total project of $1,500,000; and 345 Commissioners Minutes Continued. October 11, 1990 WHEREAS acceptance of this grant does not obligate the County to any future commitment; and • • WHEREAS the Office of Corporation Counsel has reviewed the grant and approved it as to legal sufficiency. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners accepts the grant in n amount not to exceed $1,000,000. BE IT FURTHER RESOLVED that the Chairperson of the Board is authorized to execute the 9 ant agreement and to approve amendments to the agreement up to (15) fifteen percent variance from the original award which are consistent with the agreement as approved. Mr. Chairperson, on behalf of the Finance Commtitee, I move the adoption of the foregoing resolution. FINANCE COMMITTEE G. William Caddell, Chairperson Report to the Finance Committee By Planning and Building Committee IN RE: Central Services - Parks and Recreation - LYON ROOKERY ACQUISITION The Planning and Building Committee has reviewed the proposed grant and finds: 1) Oakland County Parks and Recreation is the recipient of funding from the Department of Natural Resources Natural Resources Trust Fund (MNRTF) for the acquisition of 768 acres of land on a thirty-three (33) percent matching basis in a maximum obligation of $500,000 of the total project cost of $1,500,000. 2) The project consists of the purchase and preservation of meadows, woodlands and wetlands in Lyon Township. 3) The County's match is funded from the Oakland County Parks and Recreation Commission 114 millage passed in 1990. 4) The Parks and Recreation Commission has reviewed and approved the development grant subject to ratification by the Oakland County Board of Commissioners and believe it to be in the County's interest to accept the grant. 5) This is not an ongoing grant and will not obligate the County to further commitments. Mr. Chairperson, on behalf of the Planning and Building Committee, I move the acceptance of the foregoing report. PLANNING AND BUILDING COMMITTEE Moved by Caddell supported by Richard Kuhn the Planning and Building Committee Report be accepted. A sufficient majority having voted therefor, the report was accepted. Moved by Caddell supported by Richard Kuhn the resolution be adopted. AYES: Calandro, Chester, Crake, Ferrens, Huntoon, Jensen, Johnson, R. Kuhn, McConnell, McPherson, Moffitt, Pappageorge, Pernick, Rewold, Skarritt, Wolf, Aaron, Bishop, Caddell. (19) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. Misc. 90240 By Finance Committee IN RE: Central Services - Parks and Recreation - ORION OAKS BEACH DEVELOPMENT GRANT To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS pursuant to Miscellaneous Resolution #89I05, the Oakland County Parks and Recreation Commission applied to the Department of Natural Resources Natural Trust Fund (MNRTF) for funds to construct a beach facility; and WHEREAS MNRTF has awarded the sum of money equal to 75% of the total cost, not to exceed $195,000 with Oakland County Parks and Recreation's share being $65,000 for a total grant of $260,000; and WHEREAS acceptance of this grant does not obligate the County to any future commitment; and WHEREAS the Office of Corporation Counsel has reviewed the grant and approved it as to legal sufficiency. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners accepts the grant in an amount not to exceed $195,000. BE IT FURTHER RESOLVED that the Chairperson of the Board is authorized to execute the grant agreement and to approve amendments to the agreement up to (15) fifteen percent variance from the original award which are consistent with the agreement as approved. Mr. Chairperson, on behalf of the Finance Committee, I move the adoption of the foregoing resolution. FINANCE COMMITTEE G. William Caddell, Chairperson Commissioners Minutes Continued. October 11, 1990 346 Report to the Finance Committee By Planning and Building Committee IN RE: Central Services - Parks and Recreation - ORION OAKS BEACH DEVELOPMENT GRANT The Planning and Building Committee has reviewed the proposed grant and finds: 1) Oakland County Parks and Recreation is the recipient of funding from the Department of Natural Resources Natural Resources Trust Fund (MNRTF) for the construction of a beach facility on a twenty-five (25) percent matching basis in a maximum obligation of $65,000 of the total project cost of $260,000. 2) The development project consists of the construction of a beach facility and roadways, installation of docks and shelters, and landscape and plant restoration. 3) The County's match is funded from the Oakland County Parks and Recreation Commission 1/4 millage passed in 1990. 4) The Parks and Recreation Commission has reviewed and approved the development grant subject to ratification by the Oakland County Board of Commissioners and believe it to be in the County's interest to accept the grant. 5) This is not an ongoing grant and will not obligate the County to further commitments. Mr. Chairperson, on behalf of the Planning and Building Committee, I move the acceptance ' of the foregoing report. PLANNING AND BUILDING COMMITTEE Moved by Caddell supported by Richard Kuhn the Planning and Building Committee Report be . accepted. A sufficient majority having voted therefor, the report was accepted. Moved by Caddell supported by Crake the resolution be adopted. AYES: Chester, Crake, Ferrens, Gosling, Jensen, Johnson, R. Kuhn, Luxon, McConnell, McPherson, Moffitt, Pappageorge, Price, Rewold, Skarritt, Wolf, Aaron, Bishop, Caddell, Calandro. (20) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. Misc. 90241 By Finance Committee IN RE: Circuit Court/Friend of the Court - VOICE RESPONSE UNIT To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS a Voice Response Unit was requested by the Friend of the Court to assist in handling over 70,000 phone calls the division receives each year; and WHEREAS a Voice Response Unit would also be needed to implement electronic fund transfer which would eliminate the processing of over 1,500 checks per day; and WHEREAS funding for a Voice Response Unit in the amount of $90,000 was approved on December 14, 1989, by the Board of Commissioners in the 1990-1991 Adopted Biennial Budget; and WHEREAS a Voice Response Unit was also approved for $90,000 in the 1990 Cooperative Reimbursement Program Contract so long as the funds are expended by December 31, 1990; and WHEREAS the Computer Users Advisory Committee (CUAC) approved the purchase of a Voice Response Unit on September 25, 1990. NOW THEREFORE BE IT RESOLVED the following amendments be made to the 1990 Adopted Budget as follows: Friend of the Court 4-21500-312-01-00-3127 Budgeted Projects 4-21500-312-01-00-6360 Computer Svs.-Operations $ (90,000) 90,000 $ -0- Computer Services 3-63600-181-01-00-2037 Budgeted Revenue 4-63600-183-01-00-3340 Equipment $ 90,000 90,000 $ -0- BE IT FURTHER RESOLVED that six months after implementation, the Computer Users Advisory Committee report back to the Finance Committee their findings on the Voice Response System. Mr. Chairperson, on behalf of the Finance Committee, I move the adoption of the foregoing resolution. FINANCE COMMITTEE G. William Caddell, Chairperson Moved by Caddell supported by Crake the resolution be adopted. 347 Commissioners Minutes Continued. October 11, 1990 AYES: Crake, Ferrens, Gosling, Huntoon, Johnson, R. Kuhn, Luxon, McConnell,, McPherson, Moffitt, Pappageorge, Pernick, Price, Rewold, Skarritt, Wolf, Aaron, Bishop, Caddell, Chester. (20) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. Misc. 90242 By Finance Committee IN RE: Drain Commissioner - CONSOLIDATION OF REVOLVING FUNDS To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS there currently exists a Drain Revolving Fund, a Lake Improvement Revolving Fund, a Lake Level Advance Fund, and a Dam Replacement Revolving Fund which were established for Drain Commissioner projects; and WHEREAS each fund represents a particular type of activity and was created to finance project expenses which are repaid with assessment revenue; and WHEREAS depending on the level of activity, some of these funds can experience a negative cash balance while the others maintain a positive cash balance; and WHEREAS consolidating these funds would maintain an overall positive cash balance in one fund, as well as provide more flexibility to the Drain Commissioner and reduce the number of financial reports; and WHEREAS the aggregate funding level authorized by the Board of Commissioners for all four funds is $1,325,000. WHEREAS present authorizing requirements specified in Miscellaneous Resolution #86131 will continue, i.e., funding to pay for the initial costs of repair, reconstruction, or replacement of dams shall be authorized by resolution of the Board of Commissioners for proceedings under the Inland Lake Level Act, repayments to be made by special assessment against the property owners or municipalities in the assessment district established pursuant to the statute. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners authorizes the consolidation of the Drain Revolving Fund, the Lake Improvement Revolving Fund, the Lake Level Advance Fund, and the Dam Replacement Fund and authorizes the transfer from each fund of the existing assets, liabilities, and fund equity into the consolidated fund. Mr. Chairperson, on behalf of the Finance Committee, I move the adoption of the foregoing resolution. FINANCE COMMITTEE G. William Caddell, Chairperson Moved by Caddell supported by Johnson the resolution be adopted. AYES: Ferrens, Gosling, Huntoon, Johnson, R. Kuhn, Luxon, McConnell, McPherson, Moffitt, Oaks, Pappageorge, Pernick, Price, Rewold, Skarritt, Wolf, Aaron, Bishop, Caddell, Calandra, Chester, Crake. (22) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. Report (Misc. 90243) By Personnel Committee IN RE: Department of Institutional and Human Services/CMH - GERIATRIC OUTPATIENT SERVICES EXPANSION To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: The Personnel Committee, having reviewed the above referenced resolution, reports with the recommendation that the resolution be adopted. Mr. Chairperson, on behalf of the Personnel Committee, I move the adoption of the foregoing report. PERSONNEL COMMITTEE John P. Calandro, Chairperson Misc. 90243 By Finance Committee IN RE: Department of Institutional and Human Services/Community Mental Health - GERIATRIC OUTPATIENT SERVICES EXPANSION To the Oakland County Board of Commissioners Mr. Cha -rrperson, Ladies and Gentlemen: WHEREAS pursuant to Miscellaneous Resolution #89105, the Community Mental Health Board applied to the Michigan Department of Mental Health for 69 separate program enhancement requests; and WHEREAS one request was to expand Geriatric Mental Health Services to provide "active treatment" services in nursing homes as mandated by Omnibus Budget Reconciliation Act (0.B.R.A.) evaluation procedures; and Commissioners Minutes Continued. October 11, 1990 348 WHEREAS the annual cost of this expansion equals $589,846, of which $476,867 is the State match, $59,994 is Federal Medicaid and $52,985 is County contribution; and WHEREAS the cost for the balance of 1990 equals $164,309 of which $133,090 is State match, $16,431 is Federal Medicaid, and $14,788 is County contribution; and WHEREAS funds are available in the 1990 Community Mental Health budget to cover that portion of the cost, the 1991 expansion will be built into the 1991 Executive Recommended Budget Amendments; and WHEREAS ten (10) additional governmental funded positions are required to facilitate this expansion, requiring the approval of the Personnel Committee; and WHEREAS this expansion includes additional computer equipment (one PC), which has received CUAC approval; and WHEREAS acceptance of this program does not obligate the County to any future commitment. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners accepts the Geriatric Outpatient Services Expansion as approved by the Michigan Department of Mental Health. BE IT FURTHER RESOLVED that the Oakland County Board of Commissioners create ten (10) governmental funded positions within the Geriatric Services Unit (#166-36) of the Community Mental Health Division as follows: (1) Staff Psychiatrist (1) Office Leader (1) Casework Supervisor (1) Clerk III (5) Mental Health Clinician (1) Typist I BE IT FURTHER RESOLVED that position continuation be dependent upon sufficient state funds to cover their portion of the personnel cost. BE IT FURTHER RESOLVED that the following amendments to the 1990 Community Mental Health Budget be made: Revenue 3-22200-166-01-00-2589 State Matching Payments $133,090 3-22200-166-01-00-2528 Reimbursement Medicaid 16,431 $149,521 Expenses 4-22200-166-36-00-1001 Salaries $ 80,560 4-22200-166-36-00-2070 Fringe Benefits - 32,423 4-22200-166-36-00-3041 Clinical Services 5,750 4-22200-166-36-00-3042 Client Services 7,500 4-22200-166-36-00-3046 Consultant 4,250 4-22200-166-36-00-3412 Insurance 1,653 4-22200-166-36-00-3514 Membership, Dues & Pub. 125 4-22200-166-36-00-3574 Personnel Mileage 1,250 4-22200-166-36-00-3735 Testing Services 50 4-22200-166-36-00-3747 Transportation - client 250 4-22200-166-36-00-3752 Travel and Conference 50 4-22200-166-36-00-4828 Drugs 875 4-22200-166-36-00-4892 Medical Supplies 25 4-22200-166-36-00-4898 Office Supplies 75 4-22200-166-36-00-4909 Postage 5 4-22200-166-36-00-5993 Computer Equipment 2,200 4-22200-166-36-00-5994 Furniture & Fixtures 14,124 4-22200-166-36-00-6310 Bldg. Space Allocation 2,787 4-22200-166-36-00-6311 Maintenance Dept. Charges 2,000 4-22200-166-36-00-6640 Equipment Rental 500 4-22200-166-36-00-6641 Convenience Copier 275 4-22200-166-36-00-6670 Stationary Stock 1,000 4-22200-166-36-00-6672 Print Shop 125 4-22200-166-36-00-6750 Telephone Communication 4,300 4-22200-166-01-00-6360 Computer Services Operations 2,157 4-22200-166-01-00-3210 Appropriation Contingency (14,788) $149,521 $ -0- Mr. Chairperson, on behalf of the Finance Committee, I move the adoption of the foregoing resolution. FINANCE COMMITTEE G. William Caddell, Chairperson Moved by Caddell supported by Pappageorge the Personnel Committee Report be accepted. A sufficient majority having voted therefor, the report was accepted. Moved by Caddell supported by Pappageorge the resolution be adopted. 349 Commissioners Minutes Continued. October 11, 1990 AYES: Gosling, Huntoon, Jensen, Johnson, R. Kuhn, Luxon, McConnell, McPherson, Moffitt, Oaks, Pappageorge, Pernick, Price, Rewold, Skarritt, Wolf, Aaron, Bishop, Caddell, Calandra, Chester, Crake, Ferrens. (23) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. Report (Misc.#90125) By General Government Committee IN RE: BANNING CIGARETTE VENDING MACHINES ON COUNTY PROPERTY To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: The General Government Committee, having reviewed the above referenced resolution, reports with the recommendation that the resolution be adopted. . Mr. Chairperson, on behalf of the General Government Committee, I move the acceptance of the foregbing report. GENERAL GOVERNMENT COMMITTEE Richard G. Skarritt, Chairperson Misc. 90125 By Commissioner Ferrens IN RE: BANNING CIGARETTE VENDING MACHINES ON COUNTY PROPERTY To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS the major portion of county buildings have been designated as non-smoking areas in recognition of the health hazards caused by smoking; and WHEREAS it is unlawful for minors to purchase tobacco products in the State of Michigan, but vending machines provide no safeguards from preventing children from buying cigarettes. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners does hereby direct the Oakland County Executive to take necessary action to immediately remove all cigarette vending machines from County property. Mr. Chairperson, I move the adoption of the foregoing resolution. James D. Ferrens, Commissioner Dist. #7 Lawrence Pernick, Donald E. Bishop, Roy Rewold, Donald Jensen, A. Madeline Luxor, Ruth A. Johnson, Donna R. Huntoon, Hubert Price, Jr., Ruel E. McPherson Fiscal Note (Misc. 90125) By Finance Committee IN RE: BANNING CIGARETTE VENDING MACHINES ON COUNTY PROPERTY To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: Pursuant to Rule XI-G of this Board, the Finance Committee has reviewed Miscellaneous Resolution #90125 and finds: 1) Vend-a-Matic, Inc., is under contract with Oakland County for placement of vending machines on county property, six of which are cigarette machines; additionally, Parks and Recreation, through Oaks Management contracts for three cigarette machines. 2) The Vend-A-Matic contract is for the period June 4, 1989 through June 3, 1994 with the rates of commission on gross sales increasing from 13.5% to 15.5% over that period. 3) A change in the terms of the contract may require a renegotiation of the contract terms which could include additional •ood machines. 4) For the period of June 1989 through May 1990 total sales of $340,353 resulted in commission of $45,948 or 13.5% of sales; Sales of cigarettes comprised $22,463 (6.6%) resulting in commissions of $3,050. 5) Revenues for Commissions-Vending Machines is recorded in Food Services 1990-1991 Adopted Budget in the amount of $42,000 for 1990 and $44,000 for 1991. 6) The revenue loss from cigarettes is anticipated to be offset by an increase in revenue from the sales from other products. Therefore, no budget amendments are requested at this time. FINANCE COMMITTEE G. William Caddell, Chairperson Moved by Skarritt supported by Aaron the General Government Committee Report be accepted. A sufficient majority having voted therefor, the report was accepted. Moved by Skarritt supported by Bishop the resolution be adopted. AYES: Huntoon, Jensen, Johnson, R. Kuhn, Luxon, McConnell, McPherson, Moffitt, Oaks, Pappageorge, Pernick, Price, Rewold, Skarritt, Wolf, Aaron, Bishop, Caddell, Chester, Crake, Ferrens, Gosling. (22) WS: Calandro. (1) A sufficient majority having voted therefor, the resolution was adopted. Commissioners Minutes Continued. October 11, 1990 350 Misc. 90244 By Personnel Committee IN RE: STANDARDS OF CONDUCT FOR OAKLAND COUNTY OFFICERS AND EMPLOYEES To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen; WHEREAS every citizen is entitled to complete confidence in the integrity of his government; and WHEREAS those individuals who administer and deliver public services must adhere to high standards of conduct, in keeping with the public trust and fiduciary responsibility inherent in all public service positions; and WHEREAS the public judges its government by the manner in which employees and officials conduct themselves in the performance of their duties; and WHEREAS County employees and officials must be impartial and responsive to the people and even the appearance of impropriety must be avoided; and WHEREAS the Oakland County Board of Commissioners desires to reaffirm its position that all public officers, employees, and servants, including all Oakland County elected and appointed officials and employees, are bound by certain ethical standards of conduct such as those derived from applicable statutes and published in the attached Standards of Conduct for Oakland County Officers and Employees; and WHEREAS the attached Standards of Conduct for Oakland County Officers and Employees represents basic expectations and should not be construed as being all inclusive or relieving any person of further personal, moral, and/or legal responsibility under state law or professional codes of responsibility; and WHEREAS individual department directors and managers may develop policies consistent with the attached Standards of Conduct with ethical concerns related to their particular departmental operations. Department directors, managers, and supervisors may not waive, or authorize any person to engage in conduct contrary to any applicable ethical standard and/or, engage in any potential conflict of interest. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners hereby. reaffirms and publishes such applicable Standards of Conduct for Oakland County Officers and Employees. BE IT FURTHER RESOLVED that violation of the attached Standards of Conduct for Oakland County Officers and Employees may be considered as cause for which employees may be disciplined or discharged under applicable law, suffer other possible County or professionally imposed sanctions and/or possible criminal penalties under State law. BE IT FURTHER RESOLVED that the Personnel Department shall undertake appropriate steps to inform and orient current and new employees regarding the required Standards of Conduct. Mr. Chairperson, on behalf of the Personnel Committee, I move the adoption of the foregoing resolution. PERSONNEL COMMITTEE John P. Calandra, Chairperson STANDARDS OF CONDUCT FOR OAKLAND COUNTY OFFICERS AND EMPLOYEES 1. A public officer or employee shall not divulge to an unauthorized person, confidential Information acquired in the course of employment in advance of the time prescribed for its authorized release to the public. 2. A public officer or employee shall not represent his or her personal opinion as that of an agency. 3. A public officer or employee shall use personnel resources, property, and funds under the officer or employee's official care and control judiciously and solely in accordance with prescribed constitutional, statutory, and regulatory procedures and not for personal gain or benefit. 4. A public officer or employee shall not solicit or accept a gift or loan of money, goods, services, or other thing of value for the benefit of a person or organization, other than the• County, which tends to influence the manner in which the public officer or employee or another public officer or employee performs official duties. 5. A public officer or employee shall not engage in a business transaction in which the public officer or employee may profit from his or her official position or authority or benefit financially from confidential information which the public officer or employee has obtained or may obtain by reason of that position or authority. Instruction which is not done during regularly scheduled working hours, except for annual leave or vacation time, shall not be considered a business transaction pursuant to this subsection if the instructor does not have any direct dealing with or influence on the employing or contracting facility associated with his or her course of employment with this County. 6. Except as otherwise provided by State law, a public officer or employee shall not engage in or accept employment or render services for a private or public interest when that employment or service is incompatible or in conflict with the discharge of the officer or employee's official duties or when that employment may tend to impair his or her independence of judgment or action in the performance of official duties. 351 Commissioners Minutes Continued. October 11, 1990 7. Except as otherwise provided by State Law, a public officer or employee shall not participate in the negotiation or execution of contracts, making of loans, granting of subsidies, fixing of rates, issuance of permits or certificates, or other regulation or supervision relating to a business entity in which the public officer or employee has a financial or personal interest. 8. No public servant shall be a party, directly or indirectly, to any contract between himself and the public entity of which he is an officer or employee, except as provided by State law. 9. No public servant shall directly or indirectly solicit any contract between the public entity of which he is an officer or employee, and (a) himself; (b) any firm (meaning a co-partnership or other unincorporated association) of which he is a partner, member, or employee; (c) any private corporation in which he is a stockholder owning more than 1% of the total outstanding stock of any class where such stock is not listed on a stock exchange or stock with a present total market value in excess of $25,000.00 where such stock is listed on a stock exchange or which he is a director, officer or employee; or (d) any trust of which he is a beneficiary or trustee; nor shall he take any part in the negotiations for such a contract or the renegotiation thereof or amendment thereto or in the approval thereof; nor shall he represent either party in the transaction; except as provided by State law. Moved by Calandro supported by Gosling the resolution be adopted. AYES: Jensen, Johnson, R. Kuhn, Luxon, McConnell, McPherson, Moffitt, Oaks, Pappageorge, Pernick, Rewold, Skarritt, Wolf, Aaron, Bishop, Caddell, Calandro, Chester, Crake, Ferrens, Gosling, Huntoon. (22) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. Report (Misc. 89323) By Personnel Committee IN RE: ETHICS CODE To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: The Personnel Committee has reviewed the above referenced resolution and reports that the purpose and intent of the resolution has been met in the resolution entitled Standards of Conduct for Oakland County Officers and Employees. Mr. Chairperson, on behalf of the Personnel Committee, I move acceptance of the foregoing report. PERSONNEL COMMITTEE John P. Calandro, Chairperson Misc. 89323 By Commissioners Law and Gosling IN RE: ETHICS CODE To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS since the inception of the Optional Unified Form of Government (Act 139) in 1974, Oakland County has grown from a population of approximately 950,000 to an estimated 1.1 million, and the County's annual budget has grown from $49 million to over $295 million; and WHEREAS such rapid growth and expansion has vastly enlarged the nature of government activities and has simultaneously created circumstances for which there is no policy or precedential rule; and WHEREAS Oakland County's present rules of procedure are fragmented among various policies of the Board of Commissioners, Departmental Rules, Purchasing Policies, the Merit System and a myriad of statutes. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners does hereby direct the Personnel Department to formulate a comprehensive Code of Ethics for all County Employees, and Appointed and Elected Officials in conjunction with Corporation Counsel and the Prosecutor's Office. BE IT FURTHER RESOLVED that such Code of Ethics include extensive provision for preclusion of conflict of interest and potential conflict of interest, prohibition of contracting with, doing business with, or as acting agent for any person or entity doing business with the County, profiting from inside information, and shall stringently reinforce the provision of the Oakland County Merit System. BE IT FURTHER RESOLVED that the intent of the Board of Commissioners in the passage of this resolution is to establish a comprehensive Ethics Code which will provide all government officials and personnel with the standards of conduct by which they are to perform their duties and Commissioners Minutes Continued. October 11, 1990 352 its applicability will be equal for all elected and appointed officials and county employees. Mr. Chairperson, we move the adoption of the foregoing resolution. Thomas A. Law, Commissioner Dist. #26 Marilynn E. Gosling, Commissioner Dist. #14 The Chairperson referred the resolution to the Personnel Committee. There were no objections. Misc. 90245 By Personnel Committee IN RE: County Executive Administration/Risk Management - CREATION OF ONE (I) PTE TYPIST I POSITION To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS the last clerical position added to the Risk Management Unit was in February of 1989; and WHEREAS since that time a mandated medical cost containment program was implemented by the State of Michigan Worker's Compensation Bureau; and WHEREAS this program has added the duties of the reconciliation of several thousand medical billings per year by the Risk Management Unit; and WHEREAS internal controls were added to the worker's compensation filing system which require added staff time but ensure more efficient and accurate reconciliation of medical bills; and WHEREAS the requested position would assist with general clerical duties and with the increase in workload from the medical cost containment program. NOW THEREFORE BE IT RESOLVED that one (1) proprietary one-half (1/2) funded part-time eligible Typist I position be added to the Risk Management Unit of the County Executive Administration. Mr. Chairperson, on behalf of the Personnel Committee, I move the adoption of the foregoing resolution. PERSONNEL COMMITTEE John P. Calandra, Chairperson The Chairperson referred the resolution to the Finance Committee. There were no objections. Misc. 90232 By Planning and Building Committee IN RE: Corporation Counsel - Real Estate Section: Parks and Recreation - PURCHASE OF PROPERTY ADJACENT TO PARK PROPERTY, 2880 Watkins Lake Road, Pontiac, Michigan 48054, Tax Sidwell No.: 13-24-126-004 (0.51 acres) To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS the Oakland County Parks and Recreation Commission is desirous of purchasing a residential home with 0.51 acres of. land adjacent to Parks property on Watkins Lake Road; and WHEREAS said property is presently offered for sale through VIP Realty for $63,900.00; and WHEREAS the Oakland County Parks and Recreation Commission requested the assistance of Corporation Counsel, Real Estate Section, in the purchase of said property, commonly known as 2880 Watkins Lake Road, Pontiac, Michigan, 48054, Tax Sidwell No. 13-24-126-004; and WHEREAS said property was appraised by Craig Fuller of Fuller Appraisal Service, and reviewed by Paul Stoppert„ of Stoppert Appraisal Services, with an estimated market value of $57,500; and WHEREAS on August 15, 1990, the Oakland County Parks and Recreation Commission approved the negotiation to purchase the property located at 2880 Watkins Lake Road at a sum not to exceed $61,000.00; and WHEREAS Ralph Richard, Manager Oakland County Parks and Recreation Commission, negotiated the purchase of property located at 2880 Watkins Lake Road, Waterford Township, for $61,000.00, subject to the approval of the Oakland County Board of Commissioners; and WHEREAS the Oakland County Parks and Recreation Commission recommends the purchase of this residence at 2880 Watkins Lake Road for future use and expansion; and WHEREAS the monies have been allocated for the acquisition of this subject property through the Parks and Recreation Commission, Land Acquisition Fund; and NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners authorizes the purchase of property located at 2880 Watkins Lake Road, Pontiac, Michigan, 48054, Tax Sidwell No. 13-24-126-004, for the use by the Oakland County Parks and Recreation Commission in the sum of $61,000.00. Mr. Chairperson, on behalf of the Planning and Building Committee, I move the adoption of the foregoing resolution. PLANNING AND BUILDING COMMITTEE Larry P. Crake, Chairperson 353 Commissioners Minutes Continued. October 11, 1990 Fiscal Note (Misc. 90232) By Finance Committee IN RE: Corporation Counsel - Real Estate Section - Parks and Recreation - PURCHASE OF PROPERTY ADJACENT TO PARK PROPERTY, 2880 WATKINS LAKE ROAD, PONTIAC, MICHIGAN 48054, TAX STOWELL NO. 13-24-126-004 (0.51 ACRES) To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: The Finance Committee has reviewed Miscellaneous Resolution #90232 and finds: 1) Oakland County Parks and Recreation Commission is desirous of purchasing a residential home adjacent to Park property on Watkins Lake Road. 2) Funds of $61,000 are available for the purchase in the 1990-1991 Parks and Recreation Commission Land Acquisition fund, therefore, no budget amendments are required. FINANCE COMMITTEE G. William Caddell, Chairperson Moved by Crake supported by Huntoon the resolution be adopted. AYES: Johnson, R. Kuhn, Luxon, McConnell, McPherson, Moffitt, Oaks, Pappageorge, Pernick, Rewold, Skarritt, Wolf, Aaron, Bishop, Caddell, Calandra, Chester, Crake, Ferrens, Gosling, Huntoon, Jensen. (22) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. Misc. 90231 By Planning and Building Committee IN RE: Corporation Counsel - LEASE WITH MAGNA CARTA INSTITUTE, INC. - 796 Oakland Avenue To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS the County will have available vacant space at 196 Oakland Avenue upon the move of the Prosecutor's Office, Child Services Division; and WHEREAS the County has received a request from the Magna Carta Institute, Inc., of Livonia, Michigan, to lease 700 square feet at 196 Oakland Avenue for a seven-month period from October 29, 1990, through May 31, 1991, contingent upon receipt of its funding from the Department of Social Services; and WHEREAS the Magna Carta Institute would utilize such space for conducting Job Readiness services and Motivational Enhancement training for Department of Social Services clients; and WHEREAS no renovations or special services would be needed from the County to accommodate such a use; and WHEREAS the lease is recommended by the Department of Public Works, Facilities Maintenance & Operations Division; and WHEREAS the attached Lease Agreement has been approved by the Department of Corporation Counsel. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners approves the attached Lease Agreement with the Magna Carta Institute for 700 square feet at 196 Oakland Avenue, Pontiac, Michigan, to commence October 29, 1990, and end May 31, 1991, for the fixed rate of $4,000. BE IT FURTHER RESOLVED that the Chairperson of the Board of Commissioners is authorized to execute said Lease Agreement. Mr. Chairperson, on behalf of the Planning and Building Committee, I move adoption of the foregoing resolution. PLANNING AND BUILDING COMMITTEE Larry P. Crake, Chairperson Copy of Lease Agreement on file in County Clerk's Office, Fiscal Note (Misc. 90231) By Finance Committee IN RE: Corporation Counsel - LEASE WITH MAGNA CARTA INSTITUTE, INC. 196 OAKLAND AVENUE To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: Pursuant to Rule XI-G of this Board, the Finance Committee has reviewed Miscellaneous Resolution #90231 and finds: 1) Magna Carta Institute requested to lease 700 square feet of space for the period October 29, 1990 through May 31, 1991. 2) Payment of $4,000 (an average of $571/month) will be paid to Facilities Operations Division. 3) Budget amendments to the Facilities and Operations budget will be included in the 1991 County Executive Recommended Budget. FINANCE COMMITTEE G. William Caddell, Chairperson Commissioners Minutes Continued. October 11, 1990 354 Moved by Crake supported by Jensen the resolution be adopted. AYES: R. Kuhn, Luxon, McConnell, Moffitt, Oaks, Pappageorge, Pernick, Rewold, Skarritt, Wolf, Aaron, Bishop, Chester, Crake, Ferrens, Gosling, Huntoon, Jensen, Johnson. (19) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. Misc. 90219 By Planning and Building Committee IN RE: Corporation Counsel - Real Estate Section - Parks & Recreation - PURCHASE OF PROPERTY ADJACENT TO GROVELAND OAKS PARKS, GROVELAND TOWNSHIP, Tax SidwelI No, 02-19-402-001 To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS the Detroit Edison Company owns property adjacent to County owned property in the Township of Groveland at Groveland Oaks Park; and WHEREAS the Detroit Edison Company has excess property and has offered to sell 1,087 acres of land in Groveland Township to the County of Oakland through its Parks and Recreation Commission; and WHEREAS the Oakland County Parks and Recreation Commission requested the assistance of Corporation Counsel in purchasing 1.087 acres of land which is being offered by Detroit Edison Company; and WHEREAS an appraisal of the subject property was made by Fuller Appraisal Services; and WHEREAS Detroit Edison Company, through its corporation Real Estate Division (Syndeco Realty), has offered to sell this 1.087 acres to the County of Oakland for $5,000 based on their appraisal; and WHEREAS the appraisal which was completed by Fuller Appraisal Services established a fair market value of $6,500; and WHEREAS the Oakland County Parks and Recreation Commission recommends the purchase of this property (Tax Sidwell No. 02-19-402-001) with monies allocated from the Parks and Recreation Commission Land Acquisition Fund. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners authorize the purchase of 1.087 acres of land in Groveland Township from the Detroit Edison Company adjacent to Groveland Oaks Parks for $6,000, Tax Sidwell No. 02-19-402-001, for use by the Oakland County Parks and Recreation Commission. Mr. Chairperson, on behalf of the Planning and Building Committee, I move the adoption of the foregoing resolution. PLANNING AND BUILDING COMMITTEE Larry P. Crake, Chairperson Fiscal Note (Misc. 90219) By Finance Committee IN RE: Corporation Counsel - Real Estate Section: Parks and Recreation - PURCHASE OF PROPERTY ADJACENT TO GROVELAND OAKS PARKS, GROVELAND TOWNSHIP, TAX SIDWELL NO. 02-19-402-001 (1.087 acres) To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: The Finance Committee has reviewed Miscellaneous Resolution #90219 and finds: 1) Oakland County Parks and Recreation Commission is desirous of purchasing 1.087 acres of land in Groveland Township. 2) Corporation Counsel, Real Estate Section, has negotiated the purchase of the property for $6,000. 3) Funds are available for the purchase in the 1990-1991 Parks and Recreation Commission Land Acquisition Fund therefore, no budget amendments are required. FINANCE COMMITTEE G. William Caddell, Chairperson Moved by Crake supported by Johnson the resolution be adopted. AYES: Luxon„ McConnell, McPherson, Moffitt, Oaks, Pappageorge, Pernick, Rewold, Skarritt, Aaron, Bishop, Caddell, Calandro, Chester, Crake, Ferrens, Gosling, Huntoon, Jensen, Johnson, R. Kuhn. (21) NAYS: None. (0) ABSTAIN: Wolf. (1) A sufficient majority having voted therefor, the resolution was adopted. 355 Commissioners Minutes Continued. October 11, 1990 Misc. 90246 By Planning and Building Committee IN RE: Drain Commissioner - JENSEN DRAIN - DRAIN BONDS - FULL FAITH AND CREDIT RESOLUTION To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS the Drainage Board for the Jensen Drain, by resolution adopted on September 25, 1990, authorized and provided for the issuance of drain bonds in the aggregate principal amount of $995,000 to defray the cost of the Jensen Drain; and WHEREAS the bonds are to be designated Drain Bonds, are to be dated November 1, 1990, will bear interest at a rate or rates not exceeding 12%, and will not be subject to redemption prior to maturity; and WHEREAS the Drainage Board deems it advisable and necessary to obtain from this Board a resolution pledging the full faith and credit of the County for the payment of the Drain Bonds; and WHEREAS the said drain project is necessary to protect and preserve the public health, and therefore, it is in the best interest of the County of Oakland that the said bonds be sold. NOW THEREFORE BE IT RESOLVED: 1. That pursuant to the authorization provided in Section 474 of the Drain Code of 1956, as amended, the Board of Commissioners of the County of Oakland hereby pledges irrevocably the full faith and credit of the County of Oakland for the prompt payment of the principal of and interest on the Jensen Drainage District Drain Bonds and agrees that, in the event any public corporation assessed shall fail or neglect to account to the County Treasurer of the County of Oakland for the amount of any special assessment installment and interest when due, the amount thereof shall be advanced immediately from the County funds, and the County Treasurer is directed• to make such advancement to the extent necessary. 2. That in the event that, pursuant to said pledge of full faith and credit, the County of Oakland advances out of County funds all or any part of an installment and interest, it shall be the duty of the County Treasurer, for and on behalf of the County of Oakland to take all actions and proceedings and pursue all remedies permitted or authorized by law for the reimbursement of such sums so paid. Mr. Chairperson, on behalf of the Planning and Building Committee, I move adoption of the foregoing resolution. PLANNING AND BUILDING COMMITTEE Larry Crake, Chairperson Fiscal Note (Misc. 90246) By Finance Committee IN RE: Drain Commissioner - JENSEN DRAIN, DRAIN BONDS - FULL FAITH AND CREDIT RESOLUTION To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: Pursuant to Rule XI-G of this Board, the Finance Committee has reviewed Miscellaneous Resolution 090246 and finds: I) The resolution authorized the issuance of drain bonds with the County pledging its limited full faith and credit as the 'secondary obligor, and the City of Rochester Hills as the primary obligor. 2) The principal amount of the bond issue is $995,000 at an interest rate not to exceed 12%. 3) The statutory limit for County debt is $2,576,598,537 (10% of 1990 State Equalized Value). As of August 31, 1990, the outstanding debt is $333,724,002 or approximately 1.3% of the S.E.V. 4) No budget amendments are necessary. FINANCE COMMITTEE G. William Caddell, Chairperson Moved by Crake supported by Calandro the resolution be adopted. AYES: McConnell, McPherson, Moffitt,Oaks, Pappageorge, Pernick, Price, Rewold, Skarritt, Aaron, Bishop, Calandro, Chester, Crake, Ferrens, Gosling, Huntoon, Jensen, Johnson, R. Kuhn, Luxon. (21) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. Misc. 90247 By Planning and Building Committee IN RE: Drain Commissioner - RESOLUTION TO AUTHORIZE THE ISSUANCE OF BONDS TO DEFRAY PART OF THE COST OF EVERGREEN-FARMINGTON SEWAGE DISPOSAL SYSTEM CITY OF LATHROP VILLAGE POLLUTION CONTROL FACILITIES EXTENSION NO. I To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS the County of Oakland (the "County") and the City of Lathrup Village (the "City") have entered into the Evergreen and Farmington Sewage Disposal System Pollution Control Facilities Commissioners Minutes Continued. October 11, 1990 356 City of Lathrup Village Extension No. 1 Contract dated as of January 1, 1990 (the "Contract"), pursuant to the provisions of Act No. 342, Public Acts of Michigan, 1939, as amended ("Act 342"); and WHEREAS the Contract provides for the issuance of bonds by the County to defray the cost of acquiring and constructing the City of Lathrup Village Pollution Control Facilities, Extension No. 1 as part of the Evergreen and Farmington Sewage Disposal System, said bonds to be secured by the contractual obligation of the City to pay to the County amounts sufficient to pay the principal of and interest on the bonds and to pay such paying agent fees and other expenses as may be incurred on account of the bonds; and WHEREAS it is in the best interest of the County that the bonds be issued and the project be acquired and constructed. THEREFORE BE IT RESOLVED BY THE BOARD OF 'COMMISSIONERS OF OAKLAND COUNTY, MICHIGAN, as follows: I. AUTHORIZATION OF BONDS - PURPOSE. Bonds of the County aggregating the principal sum of Six Killion Seventy-Five Thousand Dollars ($6,075,000) shall be issued and sold pursuant to the provisions of Act 342, and other applicable statutory provisions, for the purpose of defraying part of the cost of acquiring and constructing the City of Lathrup Village Pollution Control Facilities, Extension No. 1 as part of the Evergreen and Farmington Sewage Disposal System. 2. BOND DETAILS. The bonds shall be designated Evergreen-Farmington Sewage Disposal System (City of Lathrup Village Extension No. 1) Bonds; shall be dated December 1, 1990; shall be numbered from 1 upwards; shall be fully registered; shall be in the denomination of $5,000 each or any integral multiple thereof not exceeding the aggregate principal amount for maturity at the option of the purchaser thereof; shall bear interest at a rate or rates not exceeding 12% per annum to be determined upon the sale thereof payable on May 1, 1991, and semiannually thereafter on the first days of May and November in each year; and shall mature on November 1 in each year as follows: 1991 $ 75,000 2001 $300,000 1992 100,000 2002 400,000 1993 100,000 2003 400,000 1994 100,000 1995 100,000 1996 200,000 1997 200,000 1998 200,000 1999 300,000 2000 300,000 3. PAYMENT OF PRINCIPAL AND INTEREST. The principal of and interest on the bonds shall be payable in lawful money of the United States. Principal shall be payable upon presentation and surrender of the bonds to the bond registrar and paying agent as they severally mature. Interest shall be paid to the registered owner of each bond as shown on the registration books at the close of business on the 15th day of the calendar month preceding the month in which the interest payment is due. Interest shall be paid when due by check or draft drawn upon and mailed by the bond registrar and paying agent to the registered owner at the registered address. 4. PRIOR REDEMPTION. Bonds maturing prior to November 1, 2000, shall not be subject to redemption prior to maturity. Bonds maturing on and after November 1, 2000 shall be subject to redemption prior to maturity upon the terms and conditions set forth in the form of bond contained in Section 8 hereof. 5. BOND REGISTRAR AND PAYING AGENT. The County Treasurer shall designate, and may enter into an agreement with, a bond registrar and paying agent for the bonds which shall be a bank or trust company located in the State of Michigan which is qualified to act in such capacity under the laws of the United States of America or the State of Michigan. The County Treasurer may from time to time as required designate a simarly qualified successor bond registrar and paying agent. 6. EXECUTION, AUTHENTICATION AND DELIVERY OF BONDS. The bonds shall be executed in the name of the county by the facsimile signatures of the Chairman of the Board of Commissioners and the County Clerk and authenticated by the manual signature of an authorized representative of the bond registrar and paying agent, and the seal of the County (or a facsimile thereof) shall be impressed or imprinted on the bonds. After the bonds have been executed and authenticated for delivery to the original purchaser thereof, they shall be delivered by the County Treasurer to the purchaser upon receipt of the purchase price. Additional bonds bearing the facsimile signatures of the Chairman of the Board of Commissioners and the County Clerk and upon which the seal of the County (or a facsimile thereof) is impressed or imprinted may be delivered to the bond registrar and paying agent for authentication and delivery in connection with the exchange or transfer of bonds. The bond registrar and paying agent shall indicate on each bond the date of its authentication. 7. EXCHANGE AND TRANSFER OF BONDS. Any bond, upon surrender thereof to the bond registrar and paying agent with a written instrument of transfer satisfactory to the bond registrar and paying agent duly executed by the registered owner or his duly authorized attorney, at the option of the registered owner thereof, may be exchanged for bonds of any other authorized denominations of the same aggregate principal amount and maturity date and bearing the same rate of interest as the surrendered bond. 2004 500,000 2005 500,000 2006 500,000 2007 500,000 2008 600,000 2009 700,000 357 Commissioners Minutes Continued. October 11, 1990 Each bond shall be transferable only upon the books of the County, which shall be kept for that purpose by the bond registrar and paying agent, upon surrender of such bond together with a written instrument of transfer satisfactory to the bond registrar and paying agent duly executed by the registered owner or his duly authorized attorney. Upon the exchange or transfer of any bond, the bond registrar and paying agent on behalf of the County shall cancel the surrendered bond and shall authenticate and deliver to the transferee a new bond or bonds of any authorized denomination of the same aggregate principal amount and maturity date and bearing the same rate of interest as the surrendered bond. If, at the time the bond registrar and paying agent authenticates and delivers a new bond pursuant to this section, payment of interest on the bonds is in default, the bond registrar and paying agent shall endorse upon the new bond the following: "Payment of interest on this bond is in default. The last date to which interest has been paid is The County and the bond registrar and paying agent may deem and treat the person in whose name any bond shall be registered upon the books of the County as the absolute owner of such bond, whether such bond shall be overdue or not, for the purpose of receiving payment of the principal of and interest on such bond and for all other purposes, and all payments made to any such registered owner, or upon his order, in accordance with the provisions of Section 3 of this resolution shall be valid and effectual to satisfy and discharge the liability upon such bond to the extent of the sum or sums so paid, and neither the County nor the bond registrar and paying agent shall be affected by any notice to the contrary. The County agrees to indemnify and save the bond registrar and paying agent harmless from and against any and all loss, cost, charge, expense, judgment or liability incurred by it, acting in good faith and without negligence hereunder, in so treating such registered owner. For every exchange or transfer of bonds, the County or the bond registrar and paying agent may make a charge sufficient to reimburse it for any tax, fee or other governmental chargé required to be paid with respect to such exchange or transfer, which sum or sums shall be paid by the person requesting such exchange or transfer as a condition precedent to the exercise of the privilege of making such exchange or transfer. The bond registrar and paying agent shall not be required to transfer or exchange bonds or portions of bonds which have been selected for redemption. 8. FORM OF BONDS. The bonds shall be in substantially the following form: UNITED STATES OF AMERICA STATE OF MICHIGAN COUNTY OF OAKLAND EVERGREEN-FARMINGTON SEWAGE DISPOSAL SYSTEM (CITY OF LATHRUP VILLAGE EXTENSION NO. 1) BOND • INTEREST RATE MATURITY DATE DATE OF ORIGINAL ISSUE CUSIP December 1, 1990 Registered Owner: Principal Amount: The County of Oakland, State of Michigan (the "County") acknowledges itself indebted to and for value received hereby promises to pay to the Registered Owner identified above, or registered assigns, the Principal Amount set forth above on the Maturity Date specified above, unless redeemed prior thereto as hereinafter provided, upon presentation and surrender of this bond at in the city of Michigan, the bond registrar and paying agent, and to pay to the Registered Owner, as shown on the registration books at the close of business on the 15th day of the calendar month preceding the month in which an interest payment is due, by check or draft drawn upon and mailed by the bond registrar and paying agent by first class mail postage prepaid to the Registered Owner at the registered address, interest on such Principal Amount from the Date of Original Issue or such later date through which interest shall have been paid until the County's obligation with respect to the payment of such Principal Amount is discharged at the rate per annum specified above. Interest is payable on the first days of May and November in each year, commencing on May 1, 1991. Principal and interest are payable in lawful money of the United States of America. This bond is one of a series of bonds aggregating the principal sum of Six Million Seventy-Five Thousand Dollars ($6,075,000) issued by the County under and pursuant to and in full conformity with the Constitution and Statutes of Michigan (especially Act No. 342, Public Acts of 1939, as amended) and a bond authorizing resolution adopted by the Board of Commissioners of the County (the "Resolution") for the purpose of defraying part of the cost of acquiring and constructing the City of Lathrup Village Pollution Control Facilities, Extension No. 1 as part of the Evergreen and Farmington Sewage Disposal System. The bonds of this series are issued in anticipation of payments to be made by the City of Lathrup Village in the aggregate principal amount of six Million Seventy-Five Thousand Dollars ($6,075,000) pursuant to a contract between the County and the City of Lathrup Village, dated as of January 1, 1990. The full faith and credit of the City of Lathrup Village have been pledged to the prompt payment of the foregoing amount and the interest thereon as the same become due. As additional security the full faith and credit of the County have Commissioners Minutes Continued. October 11, 1990 358 been pledged for the prompt payment of the principal of and interest on the bonds of this series. Taxes levied by the City of Lathrup Village for the payment of its obligations to the County are not Subject to limitation as to rate or amount. Taxes levied by the County to pay the principal of and interest on the bonds of this series are subject to constitutional tax limitations. This bond is transferable, as provided in the Resolution, only upon the books of the County kept for that purpose by the bond registrar and paying agent, upon the surrender of this bond together with a written instrument of transfer satisfactory to the bond registrar and paying agent duly executed by the registered owner or his attorney duly authorized in writing. Upon the exchange or transfer of this bond a new bond or bonds of any authorized denomination, in the same aggregate principal amount and of the same interest rate and maturity, shall be authenticated and delivered to the transferee in exchange therefor as provided in the Resolution, and upon payment of the charges, if any, therein provided. Bonds so authenticated and delivered shall be in the denomination of $5,000 or any integral multiple thereof not exceeding the aggregate principal amount for each maturity. The bond registrar and paying agent shall not be required to transfer or exchange bonds or portions of bonds which have been selected for redemption. Bonds maturing prior to November 1, 2000, are not subject to redemption prior to maturity. Bonds maturing on and after November 1, 2000, are subject to redemption prior to maturity at the option of the County, in such order as shall be determined by the County, on any one or more interest payment dates on and after November 1, 1999. Bonds of a denomination greater than $5,000 may be partially redeemed in the amount of $5,000 or any integral multiple thereof. If less than all of the bonds maturing in any year •are to be redeemed, the bonds or portions of bonds to be redeemed shall be selected by lot. The redemption price shall be the par value of the bond or portion of the bond called to be redeemed plus interest to the date fixed for redemption and a premium as follows: 1% of the par value if called for redemption on or after November 1, 1999, but prior to November 1, 2003; 0.5% of the par value if called for redemption on or after November 1, 2003, but prior to November 1, 2006; No premium if called for redemption on or after November 1, 2006. Not less than thirty days' notice of redemption shall be given to the holders of bonds called to be redeemed by mail to the registered holder at the registered address. Bonds or portions of bonds called for redemption shall not bear interest after the date fixed for redemption, provided funds are on hand with the bond registrar and paying agent to redeem the same. It is hereby certified, recited and declared that all acts, conditions and things required to exist, happen and be performed precedent to and in the issuance of the bonds of this series, existed, have happened and have been performed in due time, form and manner as required by law, and that the total indebtedness of said County, including the series of bonds of which this bond is one, does not exceed any constitutional or statutory limitation. IN WITNESS WHEREOF, the County of Oakland, Michigan, by its Board of Commissioners, has caused this bond to be executed in its name by facsimile signatures of the Chairman of the Board of Commissioners and the County Clerk and its corporate seal (or a facsimile thereof) to be impressed or imprinted hereon. This bond shall not be valid unless the Certificate of Authentication has been manually executed by an authorized representative of the bond registrar and paying agent. COUNTY OF OAKLAND (SEAL) By: By: County Clerk Chairman, Board of Commissioners CEUIFICATE or AUTHENTICATION This bond is one of the bonCs described in tne witninmentioned resolution. Bond Registrar and Paying Agent By: Authorized Representative AUTHENTICATION DATE: ASSIGNMENT For value received, the undersigned hereby sells, assigns and transfers unto (please print or type name, address and taxpayer identification number of transferee) the within bond and all rights thereunder and does hereby irrevocably constitute and appoint - Attorney to.transfer the within bond on the books .kept for registration thereof, with full power of substitution in the premises. Dated: Signature Guaranteed The signature must be guaranteed by a commercial bank, a trust company or a brokerage firm which is a member of a major stock exchange. 9. SECURITY. The bonds shall be issued in anticipation of payments to be made by the City pursuant to the Contract. The bonds shall be secured primarily by the full faith and credit 359 Commissioners Minutes Continued. October 11, 1990 pledge made by the City in the Contract pursuant to the -authorization contained in Act 342. As additional and secondary security the full faith and credit of the County are pledged for the prompt payment of the principal of and interest on the bEeds as the same shall become due. If the City shall fail to make payments to the County which are_ sufficient to pay the principal of and interest on the bonds as the same shall become due, an amount sufficient to pay the deficiency shall be advanced from the general fund of the County. 10. PRINCIPAL AND INTEREST FUND. There shall be established for the bonds a Principal and Interest Fund which shall be kept in a separate bank account. From the proceeds of the sale of the bonds there shall be set aside in the Principal and Interest Fund any premium and accrued interest received from the purchaser of the bonds at the time of delivery of the same plus such additional amount as shall be necessary to pay the interest on the bonds on May 1, 1991. All payments received from the City pursuant to the Contract as amended are pledged for payment of the principal of and interest on the bonds and expenses incidental thereto and as received shall be placed in the Principal and Interest Fund. II. CONSTRUCTION FUND. The remainder of the proceeds of the sale of the bonds shall be set aside in a construction fund and used to acquire and construct the City of Lathrup Village Pollution Control Facilities, Extension No. 1 in accordance with the provisions of the Contract. 12. APPROVAL OF MICHIGAN DEPARTMENT OF TREASURY - EXCEPTION FROM PRIOR APPROVAL. The issuance and sale of the bonds shall be subject to permission being granted therefor by the Department of Treasury of the State of Michigan or an exception from prior approval being granted by the Department of Treasury and the County Drain Commissioner and the County Treasurer are each hereby severally authorized to file with the Department of Treasury a Notice of Intent to Issue an Obligation with respect...to the bonds and to pay, upon the filing of said notice, the-filing fee of $400. If an exception from prior approval is not granted the County Drain Commissioner or the County Treasurer shall make application to the Department of Treasury for permission to issue and sell the bonds as provided by the terms of this resolution and for approval of the form of Notice of Sale. 13. REDUCTION OF PRINCIPAL AMOUNT OF BOND ISSUE. If the County Drain Commissioner shall determine that it is not necessary to sell bonds in the principal amount of Six Million Seventy-Five Thousand Dollars ($6,075,000), he may by order reduce the principal amount of bonds to be sold to that amount deemed necessary. In the event the principal amount of the bond issue is reduced pursuant to this section, the County Drain Commissioner shall reduce the amount of bonds maturing in any one or more years as necessary. 14. SALE, ISSUANCE, DELIVERY, TRANSFER AND EXCHANGE OF BONDS. The County Drain Commissioner is authorized to prescribe the form of notice of sale for the bonds, to sell the bonds at not less than 98% of par plus accrued interest in accordance with the laws of this state and to do all things necessary to effectuate the sale, issuance, delivery, transfer and exchange of the bonds in accordance with the provisions of this resolution. The County Drain Commissioner is authorized to cause the preparation of an official statement for the bonds for purposes of compliance with Rule 15c2-12 issued under the Securities Exchange Act of 1934, as amended (the "Rule") and to do all other things necessary to comply with the Rule. After the award of the bonds, the County will provide copies of a "final official statement' (as defined in paragraph (e)(3) of the Rule) on a timely basis and in reasonable quantity as requested by the successful bidder or bidders to enable such bidder or bidders to comply with paragraph (b)(4) of the Rule and the rules of the Municipal Securities Rulemaking Board. 15. TAX COVENANT. The County covenants to comply with all requirements of the Internal Revenue Code of 1986, as amended, necessary to assure that the interest on the bonds will be and will remain excludable from gross income for federal income tax purposes. The County Drain Commissioner and other appropriate County officials are authorized to do all things necessary (including the making of covenants of the County) to assure that the interest on the bonds will be and will remain excludable from gross income for federal income tax purposes. 16. CONFLICTING RESOLUTIONS. All resolutions and parts of resolutions insofar as they may be in conflict herewith are rescinded. Mr. Chairperson, on behalf of the Planning and Building Committee, I move the adoption of the foregoing resolution. PLANNING AND BUILDING COMMITTEE Larry Crake, Chairperson Fiscal Note (Misc. 90247) By Finance Committee IN RE: Drain Commissioner - RESOLUTION TO AUTHORIZE THE ISSUANCE OF BONDS TO DEFRAY PART OF THE COST OF EVERGREEN - FARMINGTON SEWAGE DISPOSAL SYSTEM CITY OF LATHRUP VILLAGE POLLUTION CONTROL FACILITIES EXTENSION NO. I To the Oakland County Board of Commissioners Mr, Chairperson, Ladies and Gentlemen: Pursuant to Rule XI-G of this Board, the Finance Committee has reviewed Miscellaneous Resolution #90247 and finds: 1) The resolution authorizes the issuance of tax-exempt Act 342 bonds with the County pledging its limited full faith and credit as the secondary obligor, 2) The City of Lathrup Village is the primary obligor pledging unlimited full faith and credit as approved by a vote of the people. Commissioners Minutes Continued: October 11, 1990 360 3) The principal amount of the bond issuance is $6,075,000 at an interest rate not to exceed 12%. 4) The statutory limit for County debt is $2,576,598,537 (10% of 1990 State Equalized Value). As of September 30, 1990, the outstanding debt is $332,324,002, or approximately 1.3% of the S.E.V. 5) No budget amendments are necessary. FINANCE COMMITTEE G. William Caddell, Chairperson Moved by Crake supported by Calandro the resolution be adopted. AYES: McConnell, McPherson, Moffitt, Oaks, Pappageorge, Pernick, Price, Rewold, Skarritt, Aaron, Bishop, Calandro, Chester, Crake, Ferrens, Gosling, Huntoon, Jensen, Johnson, R. Kuhn, Luxon. (21) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. Misc. 90248 By Planning and Building Committee IN RE: Drain Commissioner - RESOLUTION TO AUTHORIZE THE ISSUANCE OF BONDS TO DEFRAY PART OF THE COST OF EVERGREEN-FARMINGTON SEWAGE DISPOSAL SYSTEM POLLUTION CONTROL FACILITIES -- AMY RELIEF SEWERS To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS the County of Oakland (the "County") and the City of Auburn Hills, the City of Bloomfield Hills and the Township of Bloomfield have entered into the Evergreen-Farmington Sewage Disposal System Pollution Control Facilities Amy Relief Sewers Contract dated as of September 1, 1987, amended by Amendment No. 1 to Evergreen-Farmington Sewage Disposal System - Pollution Control . Facilities - Amy Relief Sewers Contract dated as of July 1, 1989 (the "Contract"), pursuant to the provisions of Act No. 342, Public Acts of Michigan, 1939, as amended ("Act 342"); and WHEREAS the Contract provides for the issuance of bonds by the County to defray all or part of the cost of acquiring and constructing improvements to the Evergreen-Farmington Sewage Disposal System - Pollution Control Facilities - Amy Relief Sewers (the "Project"), said bonds to be secured by the contractual obligations of those municipalities on whose behalf the bonds are issued topay to the County amounts sufficient to pay the principal of and interest on the bonds and to pay such paying agent fees and other expenses as may be incurred on account of the bonds; and WHEREAS, the County has been informed that the City of Auburn Hills will pay its share of the cost of the Project by cash contribution, the City of Bloomfield Hills will finance its share of the cost of the Project through the issuance of County bonds and the Township of Bloomfield will pay part of its share of the cost of the Project by cash contribution and will ...finance the balance thereof through the issuance of County bonds; and WHEREAS it is in the best interest of the County that the bonds be issued and the project be acquired and constructed. THEREFORE BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF OAKLAND COUNTY, MICHIGAN, as follows: 1. AUTHORIZATION OF BONDS - PURPOSE. Bonds of the County aggregating the principal sum of Three Million Four Hundred Twenty-Five Thousand Dollars ($3,425,000) shall be issued and sold pursuant to the provisions of Act 342, and other applicable statutory provisions, for the purpose of defraying part of the cost of acquiring and constructing the Project. 2. BOND DETAILS. The bonds shall be designated Evergreen-Farmington Sewage Disposal System Bonds (Amy Relief Sewers); shall be dated December 1, 1990; shall be numbered from 1 upwards; shall be fully registered; shall be in the denomination of $5,000. each or any integral multiple thereof not exceeding the aggregate principal amount for maturity at the option of the purchaser thereof; shall bear interest at a rate or rates not exceeding 12% per annum to be determined upon the sale thereof payable on May 1, 1991, and semiannually thereafter on the first days of May and November in each year; and shall mature on May 1 in each year as follows: 1991 $ 50,000 2001 $150,000 1952 75,000 2002 200,000 1993 100,000 2003 200,000 1994 100,000 2004 250,000 1995 100,000 2005 150,000 1996 150,000 2006 300,000 1997 150,000 2007 300,000 1998 150,000 2008 300,000 1999 150,000 2009 300,000 2000 150,000 3. PAYMENT OF PRINCIPAL AND INTEREST. The principal of and interest on the bonds shall 361 Commissioners Minutes Continued. October 11, 1990 be payable in lawful money of the United States. Principal shall be payable upon presentation and surrender of the bonds to the bond registrar and paying agent as they severally mature. Interest shall be paid to the registered owner of each bond as shown on the registration books at the close of business on the 15th day of the calendar month preceding the month in which the interest payment is due. Interest shall be paid when due by check or draft drawn upon and mailed by the bond registrar and paying agent to the registered owner at the registered address 4. PRIOR REDEMPTION. Bonds maturing prior to May 1, 2000, shall not be subject to redemption prior to maturity. Bonds maturing on and after May 1, 2000 shall be subject to redemption prior to maturity upon the terms and conditions set forth in the form of bond contained in Section 8 hereof. S. BOND REGISTRAR AND PAYING AGENT. The County Treasurer shall designate, and may enter into an agreement with, a bond registrar and paying agent for the bonds which shall be a bank or trust company located in the State of Michigan which is qualified to act in such capacity under the laws of the United States of America or the State of Michigan. The County Treasurer may from time to time as required designate a similarly qualified successor bond registrar and paying agent. 6. EXECUTION, AUTHENTICATION AND DELIVERY OF BONDS. The bonds shall be executed in the name of the County by the facsimile signatures of the Chairman of the Board of Commissioners and the County Clerk and authenticated by the manual signature of an authorized representative of the bond registrar and paying agent, and the seal of the County (or a facsimile thereof) shall be impressed or imprinted on the bonds. After the bonds have been executed and authenticated for delivery to the original purchaser thereof, they shall be delivered by the County Treasurer to the purchaser upon receipt of the purchase price. Additional bonds bearing the facsimile signatures of the Chairman of the Board of Commissioners and the County Clerk and upon which the seal of the County (or a facsimile thereof) is impressed or imprinted may be delivered to the bond registrar and paying agent for authentication and delivery in connection with the exchange or transfer of bonds. The bond registrar and paying agent 'shall indicate on each bond the date of its authentication. 7. EXCHANGE AND TRANSFER OF BONDS. Any bond, upon surrender thereof to the bond registrar and paying agent with a written instrument of transfer satisfactory to the bond registrar and paying agent duly executed by the registered owner or his duly authorized attorney, at the option of the registered owner thereof, may be exchanged for bonds of any other authorized denominations of the same aggregate principal amount and maturity date and bearing the same rate of interest as the surrendered bond. Each bond shall be transferable only upon the books of the County, which shall be kept for that purpose by the bond registrar and paying agent, upon surrender of such bond together with a written instrument of transfer satisfactory to the bond registrar and paying agent duly executed by the registered owner or his duly authorized attorney. Upon the exchange or transfer of any bond, the bond registrar and paying agent on behalf of the County shall cancel the surrendered bond and shall authenticate and deliver to the transferee a new bond or bonds of any authorized denomination of the same aggregate principal amount and maturity date and bearing the same rate of interest as the surrendered bond. If, at the time the bond registrar and paying agent authenticates and delivers a new bond pursuant to this section, payment of interest on the bonds is in default, the bond registrar and paying agent shall endorse upon the new bond the following: "Payment of interest on this bond is in default. The last date to which interest has been paid is The County and the bond registrar and paying agent may deem and treat the person in whose name any bond shall be registered upon the books of the County as the absolute owner of such bond, whether such bond shall be overdue or not, for the purpose of receiving payment of the principal of and interest on such bond and for all other purposes, and all payments made to any such registered owner, or upon his order, in accordance with the provisions of Section 3 of this resolution shall be valid and effectual to satisfy and discharge the liability upon such bond to the extent of the sum or sums so paid, and neither the County nor the bond registrar and paying agent shall be affected by any notice to the contrary. The County agrees to indemnify and save the bond registrar and paying agent harmless from and against any and all loss, cost, charge, expense, judgment or liability incurred by it, acting in good faith and without negligence hereunder, in so -treating such registered owner. For every exchange or transfer of bonds, the County or the bond registrar and paying agent may make a charge sufficient to reimburse it for any tax, fee or other governmental charge required to be paid with respect to such exchange or transfer, which sum or sums shall be paid by the person requesting such exchange or transfer as a condition precedent to the exercise of the privilege of making such exchange or transfer. The bond registrar and paying agent shall not be required to transfer or exchange bonds or portions of bonds which have been selected for redemption. B. FORM OF BONDS. The bonds shall be in substantially the following form: UNITED STATES OF AMERICA STATE OF MICHIGAN COUNTY OF OAKLAND EVERGREEN-FARMINGTON SEWAGE DISPOSAL . . SYSTEM BONDS (AMY RELIEF SEWERS) INTEREST RATE MATURITY DATE DATE OF ORIGINAL ISSUE CUSIP December 1, 1990 Commissioners Minutes Continued. October 11, 1990 362 Registered Owner: Principal Amount: The County of Oakland, State of Michigan (the "County") acknowledges itself indebted to and for value received hereby promises to pay to the Registered Owner identified above, or registered assigns, the Principal Amount set forth above on the Maturity Date specified above, unless redeemed prior thereto as hereinafter provided, upon presentation and surrender of this bond at in the city of Michigan, the bond registrar and paying agent, and to pay to the Registered Owner, as shown on the registration books at the close of business on the 15th day of the calendar month preceding the month in which an interest payment is due, by check or draft drawn upon and mailed by the bond registrar and paying agent by first class mail postage prepaid to the Registered Owner at the registered address, interest on such Principal Amount from the Date of Original Issue or such later date through which interest shall have been paid until the County's obligation with respect to the payment of such Principal Amount is discharged at the rate per annum specified above. Interest is payable on the first days of May and November in each year, commencing on May 1, 1991. Principal and interest are payable in lawful money of the United States of America. This bond is one of a series of bonds aggregating the principal sum of Three Million Four Hundred Twenty-Five Thousand Dollars ($3,425,000) issued by the County under and pursuant to and in full conformity with the Constitution and Statutes of Michigan (especially Act No. 342, Public Acts of 1939, as amended) and a bond authorizing resolution adopted by the Board of Commissioners of the County (the "Resolution") for the purpose of defraying part of the cost of acquiring and constructing improvements to the Evergreen-Farmington Sewage Disposal System - Pollution Control Facilities - Amy Relief Sewers. The bonds of this series are issued in anticipation of payments to be made by the City of Bloomfield Hills and the Township of Bloomfield in the aggregate principal amount of Three Million Four Hundred Twenty-oFive Thousand Dollars ($3,425,000) pursuant to a contract between the County and the City of Bloomfield Hills, the City of Auburn Hills and the Township of Bloomfield dated as of September 1, 1987, as amended. The full faith and credit of the City of Bloomfield Hills and the Township of Bloomfield have been pledged to the prompt payment of their respective shares of the foregoing amount and the interest thereon as the same become due. As additional security the full faith and credit of the County have been pledged for the prompt payment of the principal of and interest on the bonds of this series. Taxes levied by the City of Bloomfield Hills, the Township of Bloomfield and the County to pay the principal of and interest on the bonds of this series are subject to constitutional tax limitations. This bond is transferable, as provided in the Resolution, only upon the books of the County kept for that purpose by the bond registrar and paying agent, upon the surrender of this bond together with a written instrument of transfer satisfactory to the bond registrar and paying agent duly executed by the registered owner or his attorney duly authorized in writing. Upon the exchange or transfer of this bond a new bond or bonds of any authorized denomination, in the same aggregate principal amount and of the same interest rate and maturity, shall be authenticated and delivered to the transferee in exchange therefor as provided in the Resolution, and upon payment of the charges, if any, therein provided. Bonds so authenticated and delivered shall be in the denomination of $5,000 or any integral multiple thereof not exceeding the aggregate principal amount for each maturity. The bond registrar and paying agent shall not be required to transfer or exchange bonds or portions of bonds which have been selected for redemption. Bonds maturing prior to May 1, 2000, are not subject to redemption prior to maturity. Bonds maturing on and after May 1, 2000, are subject to redemption prior to maturity at the option of the County, in such order as shall be determined by the County, on any one or more interest payment dates on and after May 1, 1999. Bonds of a denomination greater than $5,000. may be partially redeemed in the amount of $5,000 or any integral multiple thereof. If less than all of the bonds maturing in any year are to be redeemed, the bonds or portions of bonds to be redeemed shall be selected by lot. The redemption price shall be the par value of the bond or portion of the bond called to be redeemed plus interest to the date fixed for redemption and a premium as follows: 1% of the par value if called for redemption on or after May 1, 1999, but prior to May 1, 2003; 0.5% of the par value if called for redemption on or after May 1, 2003, but prior to May 1, 2006; No premium if called for redemption on or after May 1, 2006. Not less than thirty days' notice of redemption shall be given to the holders of bonds called to be redeemed by mail to the registered holder at the registered address. Bonds or portions of bonds called for redemption shall not bear interest after the date fixed for redemption, provided funds are on hand with the bond registrar and paying agent to redeem the same. It is hereby certified, recited and declared that all acts, conditions and things required to exist, happen and be performed precedent to and in the issuance of the bonds of this series, existed, have happened and have been performed in due time, form and manner as required by law, and that the total indebtedness of said County, including the series of bonds of which this bond is one, 363 Commissioners Minutes Continued. October 11, 1990 does not exceed any constitutional or statutory limitation. IN WITNESS WHEREOF, the County of Oakland, Michigan, by its Board of Commissioners, has caused this bond to be executed in its name by facsimile signatures of the Chairman of the Board of Commissioners and the County Clerk and its corporate seal (or a facsimile thereof) to be impressed or imprinted hereon. This bond shall not be valid unless the Certificate of Authentication has been manually executed by an authorized representative of the bond registrar and paying agent. COUNTY OF OAKLAND (SEAL) By: By: County Clerk Chairman, Board of Commissioners CERTIFICATE OF AUTHENTICATION Bond Registrar and Paying Agent By: Authorized Representative AUTHENTICATION DATE: ASSIGNMENT For value received, the undersigned hereby sells, assigns and transfers unto (please print or type name, address and taxpayer identification number of transferee) the within bond and all rights thereunder and does hereby irrevocably constitute and appoint attorney to transfer the within band on the books kept for registration thereof, with full power of substitution in the premises. Dated: Signature Guaranteed The signature must be guarantee by a commercial bank, a trust company or a brokerage ffrm which is a member of a major stock exchange. 9. SECURITY. The bonds shall be issued in anticipation of payments to be made by the City of Bloomfield Hills and the Township of Bloomfield (collectively, the 'Obligors") pursuant to the Contract. The bonds shall be secured primarily by the full faith and credit pledge made by the City in the Contract pursuant to the authorization contained in Act 342. As additional and secondary security the full faith and credit of the County are pledged for the prompt payment of the principal of and interest on the bonds as the same shall become due. If the City shall fail to make payments to the County which are sufficient to pay the principal of and interest on the bonds as the same shall become due, an amount sufficient to pay the deficiency shall be advanced from the general fund of the County. 10. PRINCIPAL AND INTEREST FUND. There shall be established for the bonds a Principal and Interest Fund which shall be kept in a separate bank account. From the proceeds of the sale of the bonds there shall be set aside in the Principal and Interest Fund any premium and accrued interest received from the purchaser of the bonds at the time of delivery of the same. All payments received from the Obligors pursuant to the Contract are pledged for payment of the principal of and interest on the bonds and expenses incidental thereto and as received shall be placed in the Principal and Interest Fund. 11. CONSTRUCTION FUND. The remainder of the proceeds of the sale of the bonds shall be set aside in a construction fund and used to acquire and construct improvements to the Evergreen-Farmington Sewage Disposal System - Pollution Control Facilities, Amy Relief Sewers in accordance with the provisions of the Contract. 12. APPROVAL OF MICHIGAN DEPARTMENT OF TREASURY - EXCEPTION FROM PRIOR APPROVAL. The issuance and sale of the bones shall be subject to permission being granted therefor by the Department of Treasury of the State of Michigan or an exception from prior approval being granted by the Department of Treasury and the County Drain Commissioner and the County Treasurer are each hereby severally authorized to file with the Department of Treasury a Notice of Intent to Issue an Obligation with respect to the bonds and to paY, upon the filing of said notice, the filing fee of MI. Ifem exception fran prior approval is not granted the County Drain CcrmtissioreT or the County Treasurer shall reek application to the Department of...Treasury foe Permissioh to issue and sell the bonds as provided by the terms of this resolution and for approval of the form of .Notice of Sale. 13. REDUCTION OF PRINCIPAL AMOUNT OF BOND ISSUE. If the County Drain Commissioner shall determine that it is not necessary to sell bonds in the principal amount of Three Million Four Hundred Twenty-Five Thousand Dollars ($3,425,000), he may by order reduce the principal amount of bonds to be sold to that amount deemed necessary. In the event the principal amount of the bond issue is reduced pursuant to this section, the County Drain Commissioner shall reduce the amount of bonds maturing in any one or more years as necessary. 14. SALE, ISSUANCE, DELIVERY, TRANSFER AND EXCHANGE OF BONDS. The County Drain Commissioner is authorized to prescribe the form of notice of sale for the bonds, to sell the bonds at not less than 98% of par plus accrued interest in accordance with the laws of this state and to do all things necessary to effectuate the sale, issuance, delivery, transfer and exchange of the bonds in accordance with the provisions of this resolution. The County Drain Commissioner is authorized to cause the preparation of an official statement for the bonds for purposes of compliance with Rule 15c2-12 issued under the Securities Commissioners Minutes Continued. October 11, 1990 364 Exchange Act of 1934, as amended (the "Rule") and to do all other things necessary to comply with the Rule. After the award of the bonds, the County will provide copies of a "final official statement" (as defined in paragraph (e)(3) of the Rule) on a timely basis and in reasonable quantity as requested by the successful bidder or bidders to enable such bidder or bidders to comply with paragraph (b)(4) of. the Rule and the rules of the Municipal Securities Rulemaking Board. 15. TAX COVENANT. The County covenants to comply with all requirements of the Internal Revenue Code of 1986, as amended, necessary to assure that the interest on the bonds will be and will remain excludable from gross income for federal income tax purposes. The County Drain Commissioner and other appropriate County officials are authorized to do all things necessary (including the making of covenants of the County) to assure that the interest on the bonds will be and will remain excludable from gross income for federal income tax purposes. 16. CONFLICTING RESOLUTIONS. All resolutions and parts of resolutions insofar as they may be in conflict herewith are rescinded: Mr. Chairperson, an behalf of the Planning and Building Committee, I move the adoption of the foregoing resolution. PLANNING AND BUILDING COMMITTEE Larry Crake, Chairperson Fiscal Note (Misc. 90248) By Finance Committee IN RE: Drain Commissioner - RESOLUTION TO AUTHORIZE THE ISSUANCE OF BONDS TO DEFRAY PART OF THE COST OF EVERGREEN-FARMINGTON SEWAGE DISPOSAL SYSTEM POLLUTION CONTROL FACILITIES - AMY RELIEF SEWERS To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: Pursuant to Rule XI-G of this Board, the Finance Committee has reviewed Miscellaneous Resolution #90248 and finds: 1) The resolution authorizes the issuance of tax-exempt Act 342 bonds with the County pledging its limited full faith and credit as the secondary obligor. 2) The City of Bloomfield Hills and Township of Bloomfield are the primary obligors' pledging limited full faith and credit. 3) The principal amount of the bond issuance is $3,425,000 at an interest rate not to exceed 12%. 4) The statutory limit for County debt is $2,576,598,537 (10% of 1990 State Equalized Value). As of September 30, 1990, the outstanding debt is $332,324,002 or approximately 1.3% of the S.E.V. 5) No budget amendments are necessary. FINANCE COMMITTEE G. William Caddell, Chairperson Moved by Crake supported by Calandro the resolution be adopted. .AYES: McConnell, McPherson, Moffitt, Oaks, Pappageorge, Pernick, Price, Rewold, Skarritt, Aaron, Bishop, Calandro, Chester, Crake, Ferrens, Gosling, Huntoon, Jensen, R. Kuhn, Luxon. (21) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. Misc. 90249 By Planning and Building Committee IN RE: Drain Commissioner - RESOLUTION TO AUTHORIZE THE ISSUANCE OF BONDS TO DEFRAY PART OF THE COST OF EVERGREEN-FARMINGTON SEWAGE DISPOSAL SYSTEM POLLUTION CONTROL FACILITIES --PERMANENT METER INSTALLATION AND INTERCEPTOR REHABILITATION IMPROVEMENTS To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS the County of Oakland (the "County") and the City of Auburn Hills, the Village of Beverly Hills, the Village of Bingham Farms, the City of Birmingham, the Township of Bloomfield, the City of Bloomfield Hills, the City of Farmington, the City of Farmington Hills, the Village of Franklin, the City of Keego Harbor, the City of Lathrup Village, the City of Orchard Lake Village, the City of Southfield, the City of Troy and the Charter Township of West Bloomfield have entered into the Evergreen and Farmington Sewage Disposal Systems Intermunicipal Contract Concerning Wastewater Treatment and Pollution Control Projects dated as of September 30, 1989 (the "Contract"), pursuant to the provisions of Act No. 342, Public Acts of Michigan, 1939, as amended ("Act 342"); and WHEREAS the Contract provides for the issuance of bonds by the County to defray all or part of the cost of permanent meter and interceptor rehabilitation improvements as set forth in the Contract (the "Project"), said bonds to be secured by the contractual obligations of those municipalities on whose behalf the bonds are issued to pay to the County amounts sufficient to pay the principal of and interest on the bonds and the pay such paying agent fees and other expenses as may be incurred on account of the bonds; and 365 Commissioners Minutes Continued. October 11, 1990 WHEREAS the description of the improvements has been revised to reflect an increase in the number of permanent sanitary sewage meters as set forth in revised Exhibit C-1 dated September 14, 1990, attached hereto, and the cost of the improvements described on said revised Exhibit C-1 (the "Project") has been revised as set forth in revised Exhibits 0 and E, each of which is dated September 14, 1990, and is attached hereto; and WHEREAS the County has been informed that the City of Auburn Hills, the Village of Beverly Hills, the Village of Bingham Farms, the Township of Bloomfield, the City of Farmington, the City of Keego Harbor, the City of Orphard Lake Village and the City of Troy will pay their respective shares of the cost of the Project by cash contributions and the City of Birmingham, the City of Bloomfield Hills, the City of Farmington Hills, the Village of Franklin„ the City of Lathrup Village, the City of Southfield and the Township of West Bloomfield (collectively, the "Obligors") will finance their respective shares of the cost of the Project through the issuance of County bonds as hereafter provided; and WHEREAS it is in the best interest of the County of Oakland that the bonds be issued and the Project be acquired and constructed. THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF OAKLAND COUNTY, MICHIGAN, as follows: 1. APPROVAL OF REVISED EXHIBITS TO CONTRACT. The Board of Commissioners hereby approves and adopts revised Exhibits C-1, D and E, each dated September 14, 1990, in the forms attached hereto, and approves the total cost estimate of the Project in the amount of $4,121,163. The revised Exhibits C-1, D and E replace Exhibits C-1, 0 and E dated August 21, 1989, and shall become parts of the Contract. The County Drain Commissioner, as County Agency, is hereby authorized and directed to endorse approval on revised Exhibits C-1, D and E as parts of the Contract in the name and on behalf of the County in as many counterparts as he deems necessary. 2. AUTHORIZATION OFBONDS-- PURPOSE. Bonds of the County aggrepating the principalemee One MillionSix HundredTwenty-Five ThousandOollars($1,625,000)shallbe issuedand sold pursuant to the pro- visions of Act 342, and other applicable statutory provisions, for the purpose of defraying part of the cost of acquiring and constructing the Project. 3. BOND DETAILS. The bonds shall be designated Evergreen-Farmington Sewage Disposal System Bonds (Permanent Meter & Interceptor Rehabilitation); shall be dated December 1, 1990; shall be number from 1 upwards, shall be fully registered; shall be in the denomination of $5,000 each or any integral multiple thereof not exceeding the aggregate principal amount for each maturity at the option of the purchaser thereof; shall bear interest at a rate or rates not exceeding 12% per annum to be determined upon the sale thereof payable on May 1, 1991, and 'semiannually thereafter on the first days of May and November in each year; and shall mature on May 1 in each year as follows: 1991 $ 25,000 2001 $100,000 1992 25,000 2002 100,000 1993 50,000 2003 100,000 1994 50,000 2004 100,000 1995 50,000 2005 125,000 1996 75,000 2006 125,000 1997 75,000 2007 125,000 1998 75,000 2008 125,000 1999 75,000 _ 2009 125,000 2000 100,000 4. PAYMENT OF PRINCIPAL AND INTEREST. The principal of and interest on the bonds shall be payable in lawful money of the United States. Principal shall be payable upon presentation and surrender of the bonds to the bond registrar and paying agent as they severally mature. Interest shall be paid to the registered owner of each bond as shown on the registration books at the close of business on the 15th day of the calendar month preceding the month in which the interest payment is due. Interest shall be paid when due by check or draft drawn upon and mailed by the bond registrar and paying agent to the registered owner at the registered address. 5. PRIOR REDEMPTION. Bonds maturing prior to May 1, 2000, shall not be subject to redemption prior to maturity. Bonds maturing on and after May 1, 2000 shall be subject to redemption prior to maturity upon the terms and conditions set forth in the form of bond contained in Section 8 hereof. 6, BOND REGISTRAR AND PAYING AGENT. The County Treasurer shall designate, and may enter into an agreement with, a bond registrar and paying agent for the bonds which shall be a bank or trust company located in the State of Michigan which is qualified to act in such capacity under the laws of the United States of America or the State of Michigan. The County Treasurer may from time to time as required designate a similarly qualified successor bond registrar and paying agent. 7. EXECUTION, AUTHENTICATION AND DELIVERY OF BONDS. The bonds shall be executed in the name of the County by the facsimile signatures of the Chairman of the Board of Commissioners and the County Clerk and authenticated by the manual signature of an authorized representative of the bond registrar and paying agent, and the seal of the County (or a facsimile thereof) shall be impressed or imprinted on the bonds. After the bonds have been executed and authenticated for delivery to the original purchaser thereof, they shall be delivered by the County Treasurer to the purchaser upon receipt of the purchase price. Additional bonds bearing the facsimile signatures of the Chairman of INTEREST RATE MATURITY DATE DATE OF ORIGINAL ISSUE December 1, 1990 CUSIP Commissioners Minutes Continued. October 11, 1990 366 the Board of Commissioners and the County Clerk and upon which the seal of the County (or a facsimile thereof) is impressed or imprinted may be delivered to the bond registrar and paying agent for authentication and delivery in connection with the exchange or transfer of bonds. The bond registrar and paying agent shall indicate on each bond the date of its authentication. B. EXCHANGE AND TRANSFER OF BONDS. Any bond, upon surrender thereof to the bond recistrar and paying agent with a written instrument of transfer satisfactory to the bond registrar ant paying agent duly executed by the registered owner or his duly authorized attorney, at the option of the registered owner thereof, may be exchanged for bonds of any other authorized denominations of the same aggregate principal amount and maturity date and bearing the same rate of interest as the surrendered bond. Each bond shall be transferable only upon the books of the County, which shall be kept for that purpose by the bond registrar and paying agent, upon surrender of such bond together with a written instrument of transfer satisfactory to the bond registrar and paying agent duly executed by the registered owner or his duly authorized attorney. Upon the exchange or transfer of any bond, the bond registrar and paying agent on behalf of the County shall cancel the surrendered bond and shall authenticate and deliver to the transferee a new bond or bonds of any authorized denomination of the same aggregate principal amount and maturity date and bearing the same rate of interest as the surrendered bond. If, at the time the bond registrar and paying agent authenticates and delivers a new bond pursuant to this section, payment of interest on the bonds is in default, the bond registrar and paying agent shall endorse upon the new bond the following: 'Payment of interest on this bond is in default. The last date to which interest has been paid is The County and the bond registrar and paying agent may deem and treat the person in whose name any bond shall be registered upon the books of the County as the absolute owner of such bond, whether such bond shall be overdue or not, for the purpose of receiving payment of the principal of and interest on such bond and for all other purposes, and all payments made to any such registered owner, or upon his order, in accordance with the provisions of Section 4 of this resolution shall be valid and effectual to satisfy and discharge the liabillty upon such bond to the extent of the sum or sums so paid, and neither the County nor the bond registrar and paying agent shall be affected by any notice to the contrary. The County agrees to indemnify and save the bond registrar and paying. agent harmless from and against any and all loss, cost, charge, expense, judgment or liability incurred by it, acting in good faith and without negligence hereunder, in so treating such registered owner. For every exchange or transfer of bonds, the County or the bond registrar and paying agent may make a charge sufficient to reimburse it for any tax', fee or other governmental charge required to be paid with respect to such exchange or transfer, which sum or sums shall be paid by the person requesting such exchange or transfer as a condition precedent to the exercise of the privilege of making such exchange or transfer. The bond registrar and paying agent shall not be required to transfer or exchange bonds or portions of bonds which have been selected for redemption. 9. FORM OF BONDS. The bonds shall be in substantially the following form: UNITED STATES OF AMERICA STATE OF MICHIGAN COUNTY OF OAKLAND EVERGREEN-FARMINGTON SEWAGE DISPOSAL SYSTEM BONDS (PERMANENT METER AND INTERCEPTOR REHABILITATION) Registered Owner: Principal Amount: The County of Oakland, State of Michigan (the "County") acknowledges itself indebted to and for value received hereby promises to pay to the Registered Owner identified above, or registered assigns, the Principal Amount set forth above on the Maturity Date specified above, unless redeemed prior thereto as hereinafter provided, upon presentation and surrender of this bond at in the city of Michigan, the bond registrar and paying agent, and to pay to the Registered Owner, as shown on the registration books at the close of business on the 15th day of the calendar month preceding the month in which an interest payment is due, by check or draft drawn upon and mailed by the bond registrar and paying agent by first class mail postage prepaid to the Registered Owner at the registered address, interest on such Principal Amount from the Date of Original Issue or such later date through which interest shall have been paid until the County's obligation with respect to the payment of such Principal Amount is discharged at the rate per annum specified above. Interest is payable on the first days of May and November in each year, commencing on May 1, 1991. Principal and interest are payable in lawful money of the United States of America. This bond is one of a series of bonds aggregating the principal sum of One Million Six Hundred Thousand Dollars ($1,625,000) issued by the County under and pursuant to and in full con- formity with the Constitution and Statutes of Michigan (especially Act No. 342, Public Acts of 1939, as amended) and a bond authorizing resolution adopted by the Board of Commissioners of the County (the "Resolution") for the purpose of defraying part of the cost of acquiring and constructing permanent meter and interceptor rehabilitation improvements in the Evergreen-Farmington Sewage Disposal System. The bonds of this series are issued in anticipation of payments to be made by the 367 Commissioners Minutes Continued. October 11, 1990 City of Birmingham, the City of Bloomfield Hills, the City of Farmington Hills, the Village of Franklin, the City of Lathrup Village, the City of Southfield and the Township of West Bloomfield (the "Obligors") in the aggregate principal amount of One Million Six hundred Twenty-Five Thousand Dollars ($1,625,000) pursuant to a contract between the County and the City of Auburn Hills, the Village of Beverly Hills, the Village of Bingham Farms, the City of Birmingham, the Township of Bloomfield, the City of Bloomfield Hills, the City of Farmington, the City of Farmington Hills, the Village of Franklin, the City of Keego Harbor, the City of Lathrup Village, the City of Orchard Lake Village, the City of Southfield, the City of Troy and the Charter Township of West Bloomfield dated as of September 30, 1989. The full faith and credit of the Obligors have been pledged to the prompt payment of the foregoing amount and the interest thereon as sthe same become due. As additional security the full faith and credit of the County have been pledged for the prompt payment of the principal of and interest on the bonds of this series. Taxes levied by the County and the Obligors to pay the principal of and interest on the bonds of this series are subject to constitutional tax limitations. This bond is transferable, as provided in the Resolution, only upon the books of the County kept for that purpose by the bond registrar and paying agent, upon the surrender of this bond together with a written instrument of transfer satisfactory to the bond registrar and paying agent duly executed by the registered owner or his attorney duly authorized in writing. Upon the exchange or transfer of this bond a new bond or bonds of any authorized denomination, in the same aggregate principal amount and of the same interest rate and maturity, shall be authenticated and delivered to the transferee in exchange therefor as provided in the Resolution, and upon payment of the charges, if any, therein provided. Bonds so authenticated and delivered shall be in the denomination of $5,000 or any integral multiple thereof not exceeding the aggregate principal amount for each maturity. The bond registrar and paying agent shall not be required to transfer or exchange bonds or portions of bonds which have been selected for redemption. Bonds maturing prior to May 1, 2000, are not subject to redemption prior to maturity. Bonds maturing on and after May 1, 2000, are subject to redemption prior to maturity at the option of the County, in such order as shall be determined by the County, on any one or more interest payment dates on and after May 1, 1999. Bonds of a denomination greater than $5,000 may be partially redeemed in the amount of $5,000 or any integral multiple thereof. If less than all of the bonds maturing in any year are to be redeemed, the bonds or portions of bonds to be redeemed shall be selected by lot. The redemption price shall be the par value of the bond or portion of the bond called to be redeemed plus interest to the date fixed for redemption and a premium as follows: 1% of the par value if called for redemption on or after May 1, 1999, but prior to May 1, 2003; 0.5% of the par value if called for redemption on or after May 1, 2003, but prior to May 1, 2006; No premium if called for redemption on or after May 1, 2006. Not less than thirty days' notice of redemption shall be given to the holders of bonds called to be redeemed by mail to the registered holder at the registered address. Bonds or portions of bonds called for redemption shall not bear interest after the date fixed for redemption, provided funds are on hand with the bond registrar and paying agent to redeem the same. It is hereby certified, recited and declared that all acts, conditions and things required to exist, happen and be performed precedent to and in the issuance of the bonds of this series, existed, have happened and have been performed in due time, form and manner as required by law, and that the total indebtedness of said County, including the series of bonds of which this bond is one, does not exceed any constitutional or statutory limitation. IN WITNESS WHEREOF, the County of Oakland, Michigan, by its Board of Commissioners, has caused this bond to be executed in its name by facsimile signatures of the Chairman of the Board of Ce,mmissioners and the County Clerk and its corporate seal (or a facsimile thereof) to be impressed ra imprinted hereon. This bond shall not be valid unless the Certificate of Authentication has been manually executed by an authorized representative of the bond registrar and paying agent. COUNTY OF OAKLAND (SEAL) By: County Clerk Chairman, Board of Commissioners CERTIFICATE OF AUTHENTICATION This bond is one of the bonds described in the within-mentioned Resolution Bond Registrar and Paying Agent By: Authorized Representative AUTHE ICATION DATE: ASSIGNMENT For value received, the undersigned hereby sells, assigns and transfers unto (please print or type name, address and taxpayer identification number of transferee) the within By: Commissioners Minutes Continued. October 11, 1990 368 bond and all rights thereunder and does hereby irrevocably constitute and appoint • attorney to transfer the within bond on the books kept for registration thereof, with full power of substitution in the premises. Dated: Signature Guaranteed The signature must be guarantee by a commercial bank, a trust company or a brokerage firm which is a member of a major stock exchange. le. SECURITY. The bonds shall be issued in anticipation of payments to be made by the Obligors pursuant to the Contract. The bonds shall be secured primarily by the full faith and credit pledge made by the Obligors in the Contract pursuant to the authorization contained in Act 342. As additional and secondary security the full faith and credit of the County are pledged for the prompt payment of the principal of and interest on the bonds as the same shall become due. If the Obligors shall fail to make payments to the County which are sufficient to pay the principal of and interest on the bonds as the same shall become due, an amount sufficient to pay the deficiency shall be advanced from the general fund of the Countys. 11. PRINCIPAL AND INTEREST FUND. There shall be established for the bonds a Principal and Interest Fund which shall be kept in a separate bank account. From the proceeds of the sale of the bonds there shall be set aside in the Principal and Interest Fund any premium and accrued interest received from the purchaser of the bonds at the time of delivery of the same. All payments received from the Obligors pursuant to the Contract as amended are pledged for payment of the principal of and interest on the bonds and expenses incidental thereto and as received shall be placed in the Principal and Interest Fund. 12. CONSTRUCTION FUND. The remainder of the proceeds of the sale of the bonds shall be set aside in a construction funa and used to acquire and construct permanent meter and interceptor rehabilitation improvements in the Evergreen-Farmington Sewage Disposal system in accordance with the provisions of the Contract. 13. APPROVAL OF MICHIGAN DEPARTMENT OF TREASURY - EXCEPTION FROM. PRIOR APPROVAL. The issuance and sale of the bonds shall be subject to permission being granted therefor by the Department of Treasury of the State of Michigan or an exception from prior approval being granted by the Department of Treasury and the County Drain Commissioner and the County Treasurer are each hereby severally authorized to file with the Department of Treasury a Notice of Intent to Issue an Obligation notice, the filing fee of $400. If an exception from prior approval is not granted the County Drain Commissioner or the County Treasurer shall make application to the Department of Treasury for permission to issue and sell the bonds as provided by the terms of this resolution and for approval of the form of Notice of Sale. 14. REDUCTION OF PRINCIPAL AMOUNT OF BOND ISSUE. If the County Drain Commissioner shall shall determine that it is not necessary to sell bonds in the principal amount of One Million Six Hundred Twenty-oFive Thousand Dollars ($1,625,000), he may by order reduce the principal amount of bonds to be sold to that amount deemed necessary. In the event the principal amount of the bond issue is reduced pursuant to this section, the County Drain Commissioner shall reduce the amount of bonds maturing in any one or more years as necessary. 15. SALE, ISSUANCE, DELIVERY, TRANSFER AND EXCHANGE OF BONDS. The County Drain Commissioner is authorized to prescribe the form of notice of sale for the bonds, to sell the bonds at not less than 98% of par plus accrued interest in accordance with the laws of this state and to do all things necessary to effectuate the sale, issuance, delivery, transfer and exchange of the bonds in accordance with the provisions of this resolution. The County Drain Commissioner is authorized to cause the preparation of an official statement for the bonds for purposes of compliance with Rule 15c2-12 issued under the Securities Exchange Act of 1934, as amended (the "Rule") and to do all other things necessary to comply with the Rule. After the award of the bonds, the County will provide copies of a "final official statement" (as defined in paragraph (e)(3) of the Rule) on a timely basis and in reasonable quantity as requested by the successful bidder or bidders to enable such tbidder or bidders to comply with paragraph (b)(4) of the Rule and the rules of the Municipal Securities Rulemaking Board. 16. TAX COVENANT. The County covenants to comply with all requirements of the Internal Revenue Code of 1986, as amended, necessary to assure that the interest on the bonds will be and will remain excludable from gross income for federal income tax purposes. The County Drain Commissioner and other appropriate County officials are authorized to do all things necessary (including the making of covenants of the County) to assure that the interest on the bonds will be and will remain excludable from gross income for federal income tax purposes. 17. CONFLICTING RESOLUTIONS. All resolutions and parts of resolutions insofar as they may be in conflict herewith are rescinded. Mr. Chairperson, on behalf of the Planning and Building Committee, I move the adoption of the foregoing resolution, PLANNING AND BUILDING COMMITTEE Larry Crake, Chairperson Fiscal Note (Misc. 90249) By Finance Committee IN RE: Drain Commissioner - RESOLUTION TO AUTHORIZE THE ISSUANCE OF BONDS TO DEFRAY PART OF THE COST OF EVERGREEN-FARMINGTON SEWAGE DISPOSAL SYSTEM POLLUTION CONTROL FACILITIES - PERMANENT METER INSTALLATION AND INTERCEPTOR REHABILITATION IMPROVEMENTS 369 Commissioners Minutes Continued. October 11, 1990 To the Oakland County Board of Commissioners Mr_ Chairperson, Ladies and Gentlemen: Pursuant to Rule XI-G of this Board, the Finance Committee has reviewed Miscellaneous Resolution #90249 and finds: 1) The resolution authorizes the issuance of tax-exempt Act 342 bonds with the County pledging its limited full faith and credit as the secondary obligor. 2) The City of Birmingham, the City of Bloomfield Hills, the City of Farmington Hills, the Village of Franklin, the City of Lathrop Village, the City of Southfield, and the Township of West Bloomfield are the primary obligors pledging limited full faith and credit. 3) The principal amount of the bond issuance is $1,625,000 at an interest rate not to exceed 12%. 4) The statutory limit for County debt is $2,576,598,537 (10% of 1990 State Equalized Value). As of September 30, 1990, the outstanding debt is $332,324,002 or approximately 1.3% of the S.E.V. 5) No budget amendments are necessary. FINANCE COMMITTEE G. William Caddell, Chairperson Moved by Crake supported by Calandro the resolution be adopted. AYES: McConnell, McPherson, Moffitt, Oaks, Pappageorge, Pernick, Price, Rewold, Skarritt, Aaron, Bishop, Calandra, Chester, Crake, Ferrens, Gosling, Huntoon, Jensen, Johnson, R. Kuhn, Luxon. (21) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. Misc. 90250 By Planning and Building Committee IN RE: Drain Commissioner-RESOLUTION TO AUTHORIZE THE ISSUANCE OF BONDS TO DEFRAY PART OF THE COST OF EVERGREEN-FARMINGTON SEWAGE DISPOSAL SYSTEM POLLUTION CONTROL FACILITIES -- SEGMENT I AND II IMPROVEMENTS To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS the County of Oakland (the "County") has entered into certain contracts with municipalities located in the County pursuant to the provisions of Act No. 342, Public Acts of Michigan, 1939, as amended ("Act 342"), as follows: (i) the Evergreen and Farmington Sewage Disposal Systems Pollution Control Facilities -- Segment II -- Stage 3 Contract dated as of September 30, 1989, with the charter Township of West Bloomfield, the City of Southfield, the City of Farmington Hills and the City of Orchard Lake Village (the "Stage 3 Contract"); (ii) the Evergreen and Farmington Sewage Disposal systems Pollution Control Facilities -- Segment I-Stage 2, Segment II-Arms J and K-Local Relief Sewers-SSES Rehabilitation Contract dated as of April 1, 1990, with the Charter Township of West Bloomfield (the "West Bloomfield Contract"); (iii) the Evergreen and Farmington Sewage Disposal System Pollution Control Facilities City of Farmington Hills Segment II -- Arm D, Local Relief Sewers and SSES Rehabilitation dated as of April 1, 1990, with the City of Farmington Hills (the "Farmington Hills Contract"); (iv) the Evergreen and Farmington Sewage Disposal systems Pollution Control Facilities -- Segment II-Arm C and SSES Rehabilitation dated as of April 1, 1990, with the Village of Bingham Farms, the City of Bloomfield Hills, the city of Keego Harbor and the township of Bloomfield (the "Arm C Contract"); (v) the Evergreen and Farmington Sewage Disposal Systems Pollution Control Facilities - Segment II - Stage 5, Stage B and SSES Rehabilitation Contract dated as of September 1, 1989, with the Village of Beverly Hills and the City of Southfield (the "Stage 5 Contract"); and (vi) the Evergreen and Farmington Sewage Disposal System Pollution Control Facilities City of Troy Local Relief Sewers and SSES Rehabilitation . Contract dated as of April 1, 1990, with the City of Troy (the "Troy Contract"); and WHEREAS the aforesaid contracts provide for the issuance of bonds by the County to defray the cost of acquiring and constructing improvements in the aforesaid municipalities as part of the Evergreen and Farmington Sewage Disposal System, said bonds to be secured by the contractual obligation of those municipalities on whose behalf the bonds are issued to pay to the County amounts sufficient to pay the principal of and interest on the bonds and to pay such paying agent fees and other expenses as may be incurred on account of the bonds; and WHEREAS the County has been informed that (i) the City of Troy will pay its obligations under the Troy Contract by cash contributions; (ii) the Village of Bingham Farms, the City of Keego Harbor and the Township of Bloomfield will pay their respective obligations under the Arm C Contract by cash contributions; (iii) the City of Bloomfield Hills will finance its obligations under the Arm C Contract through the issuance of County bonds; (iv) the Village of Beverly Hills will pay a portion of its obligations under the Stage 5 Contract, by cash, contributions and will finance the balance thereof through the issuance of County bonds; (v) the City of Orchard Lake Village will pay its obligations under the Stage 3 Contract by cash contributions; (vi) the City of Farmington Hills will finance its obligations under the Stage 3 Contract and the Farmington Hills Contract through the issuance of County bonds; (vii) the Charter Township of West Bloomfield will finance its obligations under the Stage 3 Contract and the West Bloomfield Contract 370 Commissioners Minutes Continued. October 11, 1990 through the issuance of County bonds; and (viii) the City of Southfield will finance its obligations under the Stage 3 Contract and the Stage 5 Contract through the issuance of County bonds; and WHEREAS the amounts which the Village of Beverly Hills, the City of Bloomfield Hills, the City of Farmington Hills, the City of Southfield and the Charter Township of West Bloomfield will finance through the issuance of County bonds for the payment of their respective obligations under the Stage 3 Contract, the West Bloomfield Contract, the Farmington Hills Contract, the Arm C Contract and the Stage 5 Contract (collectively, the "Contracts") are set forth on Exhibit A which is attached hereto and made a part hereof; and WHEREAS it is in the best interest of the County of Oakland that the bonds be issued and the above-described improvements be acquired and constructed. THEREFORE BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF OAKLAND COUNTY, MICHIGAN, as follows: 1. AUTHORIZATION OF BONDS - PURPOSE. Bonds of the County aggregating the principal sum of Twelve Million Six Hundred Fifty Thousand Dollars ($12,650,000) shall be issued and sold pursuant to the provisions of Act 342, and other applicable statutory provisions, for the purpose of defraying part of the cost of acquiring and constructing the improvements described in the Contracts as part of the Evergreen and Farmington Sewage Disposal System. 2. BOND DETAILS. The bonds shall be designated Evergreen-Farmington Sewage Disposal System (Segment 1 & II) Bonds; shall be dated December 1, 1990; shall be numbered from I upwards; shall be fully registered; shall be in the denomination of $5,000 each or any integral multiple thereof not exceeding the aggregate principal amount for each maturity at the option of the purchaser thereof; shall bear interest at a rate or rates not exceeding 12% per annum to be determined upon the sale thereof payable on May 1, 1991, and semiannually thereafter on the first days of May and November in each year; and shall mature on November 1 in each year as follows: 1992 $250,000 2001 $750,000 1993 250,000 2002 750,000 1994 300,000 2003 750,000 1995 400,000 2004 750,000 1996 500,000 2005 1,000,000 1997 500,000 2006 1,000,000 1998 500,000 2007 1,200,000 1999 500,000 2008 1,250,000 2000 750,000 2009 1,250,000. 3. PAYMENT OF PRINCIPAL AND INTEREST. The principal of and interest on the bonds shall be payable in lawful money of the United States. Principal shall be payable upon presentation and surrender of the bonds to the bond registrar and paying agent as they severally mature. Interest shall be paid to the registered owner of each bond as shown on the registration books at the close of business on the 15th day of the calendar month preceding the month in which the interest payment is due. Interest shall be paid when due by check or draft drawn upon and mailed by the bond registrar and paying agent to the registered owner at the registered address. 4. PRIOR REDEMPTION. Bonds maturing prior to November 1, 2000, shall not be subject to redemption prior to maturity. Bonds maturing on and after November 1, 2000 shall be subject to redemption prior to maturity upon the terms and conditions set forth in the form of bond contained in Section 8 hereof. 5. BOND REGISTRAR AND PAYING AGENT. The County Treasurer shall designate, and may enter into an agreement with, a bond registrar and paying agent for the bonds which shall be a bank or trust company located in the State of Michigan which is qualified to act in such capacity under the laws of the United States of America or the State of Michigan. The County Treasurer may from time to time as required designate a similarly qualified successor bond registrar and paying agent. 6. EXECUTION, AUTHENTICATION AND DELIVERY OF BONDS. The bonds shall be executed in the name of the County by the facsimile signatures of the Chairman of the Board of Commissioners and the County Clerk and authenticated by the manual signature of an authorized representative of the bond registrar and paying agent, and the seal of the County (or a facsimile thereof) shall be impressed or imprinted on the bonds. After the bonds have been executed and authenticated for delivery to the original purchaser thereof, they shall be delivered by the County Treasurer to the purchaser upon receipt of the purchase price. Additional bonds bearing the facsimile signatures of the Chairman of the Board of Commissioners and the County Clerk and upon which the seal of the County (or a facsimile thereof) is impressed or imprinted may be delivered to the bond registrar and paying agent for authentication and delivery in connection with the exchange or transfer of bonds. The bond registrar and paying agent shall indicate on each bond the date of its authentication. 7. EXCHANGE AND TRANSFER OF BONDS. Any bond, upon surrender thereof to the bond registrar and paying agent with a written instrument of transfer satisfactory to the bond registrar and paying agent duly executed by the registered owner or his duly authorized attorney, at the option of the registered owner thereof, may be exchanged for bonds of any other authorized denominations of the same aggregate principal amount and maturity date and bearing the same rate of interest as the surrendered bond. Each bond shall be transferable only upon the books of the County, which shall be kept for that purpose by the bond registrar and paying agent, upon surrender of such bond together with a written instrument of transfer satisfactory to the bond registrar and paying agent duly executed by 371 Commissioners Minutes Continued, October 11, 1990 the registered owner or his duly authorized attorney. Upon the exchange or transfer of any bond, the bond registrar and paying agent on behalf of the County shall cancel the surrendered bond and shall authenticate and deliver to the transferee a new bond or bonds of any authorized denomination of the same aggregate principal amount and maturity date and bearing the same rate of interest as the surrendered bond. If, at the time the bond registrar and paying agent authenticates and delivers a new bond pursuant to this section, payment of interest on the bonds is in default, the bond registrar and paying agent shall endorse upon the new bond the following: 'Payment of interest on this bond is in default. The last date to which interest has been paid is The County and the bond registrar and paying agent may deem and treat the person in whose name any bond shall be registered upon the books of the County as the absolute owner of such bond, whether such bond shall be overdue or not, for the purpose of receiving payment of the principal of and interest on such bond and for all other purposes, and all payments made to any such registered owner, or upon his order, in accordance with the provisions of Section 3 of this resolution shall be valid and effectual to satisfy and discharge the liability upon such bond to the extent of the sum or sums so paid, and neither the County nor the bond registrar and paying agent shall be affected by any notice to the contrary. The County agrees to indemnify and save the bond registrar and paying agent harmless from and against any and all loss, cost, charge, expense, judgment or liability incurred by it, acting in good faith and without negligence hereunder, in so treating such registered owner. For every exchange or transfer of bonds, the County or the bond registrar and paying agent may make a charge sufficient to reimburse it for any tax, fee or other governmental charge required to be paid with respect to such exchange or transfer, which sum or sums shall be paid by the person requesting such exchange or transfer as a condition precedent to the exercise of the privilege of making such exchange or transfer. The bond registrar and paying agent shall not be required to transfer or exchange bonds or portions of bonds which have been selected for redemption. 8. FORM OF BONDS. The bonds shall be in substantially the following form: UNITED STATES OF AMERICA STATE OF MICHIGAN COUNTY OF OAKLAND EVERGREEN-FARMINGTON SEWAGE DISPOSAL SYSTEM SEGMENT I & II BONDS . INTEREST RATE MATURITY DATE DATE OF ORIGINAL ISSUE CUSIP December 1, 1990 Registered Owner: Principal Amount: The County of Oakland, State of Michigan (the "County") acknowledges itself indebted to and for value received hereby promises to pay to the Registered Owner identified above, or registered assigns; the Principal Amount set forth above on the Maturity Date specified above, unless redeemed prior thereto as hereinafter provided, upon presentation and surrender of this bond at in the city of Michigan, the bond registrar and paying agent, and to pay to the Registered Owner, as shown on the registration books at the close of business on the 15th day of the calendar month preceding the month in which an interest payment is due, by check or draft drawn upon and mailed by the bond registrar and paying agent by first class mail postage prepaid to the Registered Owner at the .registered address, interest on such Principal Amount from the Date of Original Issue or such later date through which interest shall have been paid until the County's obligation with respect to the payment of such Principal Amount is discharged at the rate per annum specified above. Interest is payable on the first days of May and November in each year, commencing on May 1, 1991. Principal and interest are payable in lawful money of the United States of America. This bond is one of a series of bonds aggregating the principal sum of Twelve Million Six Hundred Fifty Thousand Dollars ($12,650,000) issued by the County under and pursuant to and in full conformity with the constitution and Statutes of Michigan (especially Act No. 342, Public Acts of 1939, as amended) and a bond authorizing resolution adopted by the Board of Commissioners of the county (the "Resolution") for the purpose of defraying part of the cost of acquiring and constructing certain improvements in the Evergreen and Farmington Sewage Disosal System. The bonds of this series are issued in anticipation of payments to be made by the Village of Beverly Hills, the City of 'Bloomfield Hills, the City of Farmington Hills, the City of Southfield and the Charter Township of West Bloomfield (collectively, the "Obligors") in the aggregate principal amount of Twelve Million Six Hundred Fifty Thousand Dollars ($12,650,000) pursuant to certain contracts between the County and the Obligors as described in the Resolution. The full faith and credit of the Obligors have been pledged to the prompt payment of the foregoing amount and the interest thereon as the same become due. As additional security the full faith and credit of the County have been pledged for the prompt payment of the principal of and interest on the bonds of this series. Taxes levied by the County and the Obligors to pay the principal of and interest on the bonds of this series are subject to constitutional tax limitations. Commissioners Minutes Continued. October 11, 1990 372 • This bond is transferable, as provided in the Resolution, only upon the books of the County kept for that purpose by the bond registrar and paying agent, upon the surrender of this bond together with a written instrument of transfer satisfactory to the bond registrar and paying agent duly executed by the registered owner or his attorney duly authorized in writing. Upon the exchange or transfer of this bond a new bond or bonds of any authorized denomination, in the same aggregate principal amount and of the same interest rate and maturity, shall be authenticated and delivered to the transferee in exchange therefor as provided in the Resolution, and upon payment of the charges, if any, therein provided. Bonds so authenticated and delivered shall be in the denomination of $5,000 or any integral multiple thereof not exceeding the aggregate principal amount for each maturity. The bond registrar and paying agent shall not be required to transfer or exchange bonds or portions of bonds which have been selected for redemption. Bonds maturing prior tO November 1, 2000, are not subject to redemption prior to maturity. Bonds maturing on and after November 1, 2000, are subject to redemption prior to maturity at the option. of the County, in such order as shall be determined by the County, on any one or more interest payment dates on and after November 1, 1999. Bonds of a denomination greater than $5,000 may be partially redeemed in the amount of $5,000 or any integral multiple thereof. If less than all of the bonds maturing in any year are to be redeemed, the bonds or portions of bonds to be redeemed shall be selected by lot. The redemption price shall be the par value of the bond or portion of the bond. called to be redeemed plus interest to the date fixed for redemption and a premium as follows: • 1% of the par value if called for redemption on or after November 1, 1999, but prior to November 1, 2003; 0.5% of the par value if called for redemption on or after November 1, 2003, but prior to November 1, 2006; No premium if called for redemption on or after November 1, 2006. Not less than thirty days notice of redemption shall be given to the holders of bonds called to be redeemed by mail to the registered holder at the registered address. Bonds or portions of bonds called for redemption shall not bear interest after the date fixed for redemption, provided funds are on hand with the bond registrar and paying agent to redeem the same. It is hereby certified, recited and declared that all acts, conditions and things required to exist, happen and be performed precedent to and in the issuance of the bonds of this series, existed, have happened and have been performed in due time, form and manner as required by law, and that the total indebtedness of said County, including the series of bonds of which this bond is one, does not exceed any constitutional or statutory limitation. IN WITNESS WHEREOF, the County of Oakland, Michigan, by Its Board of Commissioners, has caused this bond to be executed in its name by facsimile signatures of the Chairman of the Board of Commissioners and the County Clerk and its corporate seal (or a facsimile thereof) to be impressed or imprinted hereon. This bond shall not be valid unless the Certificate of Authentication has been manually executed by an authorized representative of the bond registrar and paying agent. COUNTY OF OAKLAND (SEAL) By: By: County Clerk Chairman, Board of Commissioners CERTIFICATE OF AUTHENTICATION This bond is one of the bonds described in the within-mentioned Resolution Bond Registrar and Paying Agent By: Authorized Representative AUTHENTICATION DATE: ASSIGNMENT For value received, the undersigned hereby sells, assigns and transfers unto (please print or type name, address and taxpayer identification number of transferee) the within bond and all rights thereunder and does hereby irrevocably constitute and appoint attorney to transfer the within-bond on the . books kept for registration thereof, with full power of substitution in the premises. Dated: Signature Guaranteed The signature must be guarantee by a commercial bank, a trust company or a brokerage firm which is a member of a major stock exchange. 9. SECURITY. The bonds shall be issued in anticipation of payments to be made by the Obligors pursuant to the Contracts: The bonds shall be secured primarily by the full faith and credit pledge made byathe Obligors in the Contracts pursuant to the authorization contained in Act 373 Commissioners Minutes Continued. October 11, 1990 342. As additiOhal and secondary security the full faith and credit of the County are pledged for the prompt payment of the principal of and interest on the bonds as the same shall become due. If the Obligors shall fail to make payments to the County which are sufficient to pay the principal of and interest on the bonds as the same shall become due, an amount sufficient to pay the deficiency shall be advanced from the general fund of the County. 10. PRINCIPAL AND INTEREST FUND. There shall be established for the bonds a Principal and Interest Fund which shall be kept in a separate bank account. From the proceeds of the sale of the bonds there shall be set aside in the Principal and Interest Fund any premium and accrued interest received from the purchaser of the bonds at the time of delivery of the same. All payments received from the Obligors pursuant to the Contract are pledged for payment of the principal of and interest on the bonds and expenses incidental thereto and as received shall be placed in the Principal and Interest Fund. 11. CONSTRUCTION FUND. The remainder of the proceeds of the sale of the bonds shall be set aside in a construction fund and used to acquire and construct the, aforesaid improve- ments in-accordance with the provisions of the Contracts. There shall be established separate accounts in the construction fund with respect to each Contract and the use and investment of bond proceeds attributable to each Contract shall be individually accounted for and monitored in each such account. 12. APPROVAL OF MICHIGAN DEPARTMENT OF TREASURY -- EXCEPTION FROM PRIOR APPROVAL. The issuance and sale of the bonds shall be subject to permission being granted therefor by the Department of Treasury of the State of Michigan or an exception from prior approval being granted by the Department of Treasury and the County Drain Commissioner and the County Treasurer are each hereby severally authorized to file with the Department of Treasury a Notice of Intent to Issue an Obligation with respect to the bonds and to pay, upon the filing of said notice, the filing fee of $400. If an exception from prior approval is not granted the County Drain Commissioner or the County Treasurer shall make application to the Department of Treasury for permission to issue and sell the bonds as provided by the terms of this resolution and for approval of the form of Notice of Sale. 13. REDUCTION OF PRINCIPAL AMOUNT OF BOND ISSUE. If the County Drain Commissioner shall determine that it is not necessary to sell bonds in the principal amount of Twelve Million Six Hundred Fifty Thousand Dollars (S12,650,000), he may by order reduce the principal amount of bonds to be sold to that amount deemed necessary. In that event the principal amount of the bond issue is reduced pursuant to this section, the County Drain Commissioner shall reduce the amount of bonds maturing in any one or more years as necessary. 14. SALE, ISSUANCE, DELIVERY, TRANSFER AND EXCHANGE OF BONDS. The County Drain Commissioner is authorized to prescribe the form of notice of sale for the bohds, to sell the bonds at not less than 96% of par plus accrued interest in accordance with the laws of this state and to do all things necessary to effectuate the sale, issuance, delivery, transfer and exchange of the bonds in accordance with the provisions of this resolution. The County Drain Commissioner is authorized to cause the preparation of an official statement for the bonds for purposes of compliance with Rule 15c2-12 issued under the Securities Exchange Act of 1934, as amended (the "Rule") and to do all other things. necessary to comply with the Rule. After the award of the bonds, the County will provide copies of a "final official statement" (as defined in paragraph (e)(3) of the Rule) on a timely basis and in reasonable quantity as requested by the successful bidder or bidders to enable such bidder or bidders to comply with paragraph (b)(4) of the Rule and the rules of the Municipal Securities Rulemaking Board. 15. TAX COVENANT. The County covenants to comply with all requirements of the Internal Revenue Code of 1986, as amended, necessary to assure that the interest on the bonds will be and will remain excludable from gross income for federal income tax purposes. The County Drain Commissioner and other appropriate County officials are authorized to do all things necessary (including the making of covenants of the County) to assure that the interest on the bonds will be and will remain excludable from gross income for federal income tax purposes. . 16. CONFLICTING RESOLUTIONS. All resolutions and parts of resolutions insofar as they may be in conflict herewith are rescinded. Mr. Chairperson, on behalf of the Planning and Building Committee, I move the adoption of the foregoing resolution. PLANNING AND BUILDING COMMITTEE Larry Crake, Chairperson Fiscal Note (Misc. 90250) By Finance Committee IN RE: Drain Commissioner - RESOLUTION TO AUTHORIZE THE ISSUANCE OF BONDS TO DEFRAY PART OF THE COST OF EVERGREEN-FARMINGTON SEWAGE DISPOSAL SYSTEM POLLUTION CONTROL FACILITIES - SEGMENT I AND II IMPROVEMENTS To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: Pursuant to Rule XI-G the Finance Committee has reviewed Miscellaneous Resolution #90250 and finds: 1) The resolution authorizes the issuance of tax-exempt Act 342 bonds with the County pledging its limited full faith and credit as the secondary obligor. Commissioners Minutes Continued. October 11, 1990 374 2) The village of Beverly Hills, the City of Bloomfield Hills, the City of Farmington Hills, the City of Southfield, and the Charter Township of West Bloomfield are the primary obligors. pledging limited full faith and credit. 3) The principal amount of the bond issue is $12,680,000 at an interest rate not to exceed 12%. 4) The statutory limit for County debt is $2,576,598,537 (10% of 1990 State Equalized value). As of September 30, 1990, the outstanding debt is $332,324,002 or approximately 1.3% of the S.E.V. 5) No budget amendments are necessary FINANCE COMMITTEE G. William Caddell, Chairperson Moved by Crake supported by Calandro the resolution be adopted. AYES: McConnell, McPherson, Moffitt, Oaks, Pappageorge, Pernick, Price, Rewold, Skarritt, Aaron, Bishop, Calandro, Chester, Crake, Ferrens, Gosling, Huntoon, Jensen, Johnson, R. Kuhn, Luxon. (21) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. Misc. 90222 By Planning and Building Committee IN RE: DRAIN COMMISSIONER 1990 DRAIN MAINTENANCE ASSESSMENT REPORT To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS the Planning and Building Committee has reviewed the Drain Assessment Rolls, as prepared by the Drain Commissioner for the year T990; and WHEREAS such Drain Assessment Rolls have been prepared and submitted in accordance with . the provisions of Act No. 40 of the Public Acts of 1956, as amended; and .WHEREAS the Planning and Building Committee concurs in the figures as established by the Drain Commissioner for maintenance assessments against the various drainage districts in the County, a copy of which is attached hereto; and WHEREAS a summary of such Drain Assessment Rolls is as follows: Assessments At Large Against Municipalities - $ 8,178.86 Assessments Against Real Property 33,028.27 NOW THEREFORE BE IT RESOLVED by the Board of Commissioners of the County of Oakland, State of Michigan, that there be assessed, levied and collected for the year 1990 for the purpose of maintaining, cleaning out, and deepening County Drains in Oakland County within and by the several political subdivisions, the aggregate amount of $41,207.13, which sum represents the total amount of the assessments for said year which are contained in the several Drain Assessment Rolls heretofore determined by the said Oakland County Drain Commissioner. Mr. Chairperson, on behalf of the Planning and Building Committee, I move the adoption of the foregoing resolution. PLANNING AND BUILDING COMMITTEE Larry P. Crake, Chairperson Moved by Crake supported by Pappageorge the resolution be adopted. AYES: McPberson, Moffitt, Oaks, Pappageorge, Pernick, Price, Rewold, Skarritt, Aaron, Bishop, Calandro, Chester, Crake, Ferrens, Huntoon, Jensen, Johnson, R. Kuhn, Luxon, McConnell. (20) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. Report (Misc. 90223) By Planning and Building Committee IN RE: Drain Commissioner - 1990 LAKE LEVEL ASSESSMENT REPORT To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: On September 13, 1990 the 1990 Lake Level Assessment Report and 1990 Drain Maintenance Report were laid over by the Board of Commissioners for the purpose of allowing review and comment. The Planning and Building Committee, having reviewed a request from the Drain Commissioner to amend the Lake Level Assessment Report, reports with the recommendation that the 1990 Lake Level Assessment Report be amended to decrease the assessments for Long Lake (#429) from 412,084.46 to $71,002.05. Mr_ Chairperson on behalf of the Planning and Building Committee, I move acceptance of the foregoing report. PLANNING AND BUILDING COMMITTEE Larry P. Crake, Chairperson 375 Commissioners Minutes Continued. October 11, 1990 Misc. 90223 By Planning and Building Committee IN RE: Drain Commissioner - 1990 LAKE LEVEL ASSESSMENT REPORT To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS the Planning and Building Committee has reviewed the Lake Level Assessment Rolls, as prepared by the Drain Commissioner for the year 1990; and WHEREAS such Lake Level Assessment Rolls have been prepared and submitted in accordance with the provisions of Act No. 146 of the Public Acts of 1961, as amended; and WHEREAS the Planning and Building Committee concurs in the figures as established by the Drain Commissioner for the various lake level districts in the County, a copy of which is attached hereto; and WHEREAS a summary of such Lake Level Assessment Rolls is as follows: Assessments At Large Against Municipalities - $ 5,531.04 Assessments Against Real Property 271,198.18 NOW THEREFORE BE IT RESOLVED by the Board of Commissionrs of the County of Oakland, State of Michigan, that there be assessed, levied and collected for the year 1990 for the purpose of establishing and maintaining the normal height and level of various lakes in Oakland County within and by the several political subdivisions, the aggregate amount of $276,729.22, which sum represents the total amount of the assessments for said year which are contained in the several Lake Level Assessment Rolls heretofore determined by the said Oakland County Drain .Commissioner. Mr. Chairperson, on behalf of the Planning and Building Committee, I move the adoption of the foregoing resolution. PLANNING AND BUILDING COMMITTEE Larry P. Crake, Chairperson Moved by Crake supported by Richard Kuhn the resolution be adopted. Moved by Crake supported by Richard Kuhn the resolution be amended as recommended in the Planning and Building Committee Reports. A sufficient majority having voted therefor, the amendment carried. Vote on resolution as amended: AYES: Moffitt, Oaks, Pappageorge, Pernick, Price, Rewold, Skarritt, Aaron, Bishop, Caddell, Calandro, Chester, Crake, Ferrens, Gosling, Huntoon, Jensen, Johnson, R. Kuhn, Luxon, McConnell, McPherson. (22) NAYS: None. (0) A sufficient majority having voted therefor, the resolution, as amended, was adopted. Report (Misc. 90251) By Personnel Committee IN RE: Prosecuting Attorney - 1990/91 ANTI-DRUG ABUSE GRANT ACCEPTANCE To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: The Personnel Committee, having reviewed the above Public Services Committee resolution, reports with the recommendation that the resolution be adopted with the paragraph nine (9) reference to, one special revenue Typist II position (salary grade 3)" changed to: "one special revenue Typist I position (salary grade 2)", Mr. Chairperson, on behalf of the Personnel Committee, I move acceptance of the foregoing report. PERSONNEL COMMITTEE John P. Calandra, Chairperson Misc. 90251 By Public Services Committee IN RE: Prosecuting Attorney - 1990/1991 ANTI-DRUG ABUSE GRANT ACCEPTANCE To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS Miscellaneous Resolution 1,89105 requires the appropriate Liaison Committee to review the acceptance of all grants that vary more than fifteen (15) percent from the original grant application; and WHEREAS application was made by the Prosecuting Attorney in the amount of $361,133 to fund the 1990/1991 Anti-Drug Abuse Grant beginning October 1, 1990 and ending September 30, 1991, with $243,095 (67%) funding from the State and $118,038 (33%) funding by the County; and WHEREAS the Michigan Office of Criminal Justice has aproved the 1990/1991 Anti-Drug Abuse Grant in the amount of $283,526, which is $77,607 or 21% less than the application amount, with $170,116 (60%) funding from the State and $113,410 (40%) County match as detailed in Schedule A; and WHEREAS a match requirement of 25% was requested for expansion of the grant and two new Commissioners Minutes Continued. October 11, 1990 376 positions were granted, County match remains at the current level of 40% for the entire 1990/91 award; and WHEREAS the grant award provides funding for the addition of one (1) Assistant Prosecutor III position and one (1) Typist II position, which will require approval by the Personnel Committee; and WHEREAS the grant agreement has been reviewed and approved as to legal sufficiency by Corporation Counsel. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners accepts the Prosecuting Attorney's 1990/1991 Anti-Drug Abuse Grant in the amount of $283,526 of which $113,410 (40%) is County match and $170,116 (60%) is grant reimbursed. BE IT FURTHER RESOLVED that acceptance of the award does not obligate the County to any future commitment and continuation of the special revenue positions in the grant is contingent upon future levels of State funding. BE IT FURTHER RESOLVED that the Oakland County Board of Commissioners creates one special revenue Assistant Prosecutor III position and one special revenue Typist II position (salary grade 3) in the Prosecuting Attorney Department (411-01). BE IT FURTHER RESOLVED that the Chairperson of the Board of Commissioners be and is hereby authorized to execute said contract and to approve minor changes and contract extensions, not to exceed fifteen (15) percent variance, which are consistent with the contract as approved. Mr. Chairperson, on behalf of the Public Services Committee, I move the adoption of the foregoing resolution. PUBLIC SERVICES COMMITTEE Richard D. Kuhn, Jr., Chairperson Fiscal Note (Misc. 90251) By Finance Committee IN RE: Prosecuting Attorney - 1990/1991 ANTI-DRUG ABUSE GRANT ACCEPTANCE To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: Pursuant to Rule XI-G of this Board, the Finance Committee has reviewed Miscellaneous Resolution #90251 and finds: 1) The Prosecuting Attorney Department applied for continued funding of the Anti-Drug Abuse grant for the period October 1, 1990 through September 30, 1991 in the amount of $361,133 anticipating $243,095 (67%1 funding through the State and $118,038 (33%) funding by the County. 2) The Michigar, Office of Criminal Justice has awarded funding of $283,526 consisting of $170,116 (60%) State funding and $113,410 (40%) County match, as detailed in Schedule A attached to the resolution. 3) While a match requirement of 25% was requested for the expansion portion of the grant and two new positions were granted, County match remains at the current grant level of 40% for the entire 1990/91 award. 4) The award provides funding for the addition of one (1) Assistant Prosecutor III position and one (1) Typist II position, which will require approval by the Personnel Committee. 5) Funding for County match is provided in the Prosecuting Attorney's 1990/91 Budget. 6) The Prosecuting Attorney's 1990 Special Revenue Budget be amended as detailed in Schedule B. FINANCE COMMITTEE G. William Caddell, Chairperson Moved by Richard Kuhn supported by Huntoon the Personnel Committee Report be accepted. A sufficient majority having voted therefor, the report was accepted. Moved by Richard Kuhn supported by Skarritt the resolution be adopted. Moved by Calandra supported by Skarritt the resolution be amended to be consistent with the Personnel Committee Report. A sufficient majority having voted therefor, the amendment carried. Vote on resolution as amended: AYES: Oaks, Pappageorge, Pernick, Price, Rewold, Skarritt, Aaron, Bishop, Caddell, Calandra, Chester, Crake, Ferrens, Gosling, Huntoon, Jensen, Johnson, R. Kuhn, Luxon, McConnell, McPherson, Moffitt. (22) NAYS: None. (0) A sufficient majority having voted therefor, the resolution, as amended, was adopted. J/7 Commissioners Minutes Continued. October 11, 1990 Misc. 90252 By Public Services Committee IN RE: Cultural Affairs - MICHIGAN COUNCIL OF THE ARTS 1991/1992 GRANT ACCEPTANCE To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS pursuant to Miscellaneous Resolution #89105, the Cultural Affairs Departmen , applied to the Michigan Council of the Arts (MCA) for $10,000 in funds to partially offset program expenses; and WHEREAS the MCA has awarded the grant for a 12 month period from October 1, 1991 through September 30, 1992, in the amount of $7,000; and WHEREAS acceptance of this grant does not obligate the County to any future commitment; and WHEREAS the Office of Corporation Council has reviewed the grant and approved it as to legal sufficiency. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners accepts the 1991/1992 Michigan Council of the Arts Grant in the amount of $7,000. BE IT FURTHER RESOLVED that the Chairperson of the Board is authorized to execute the grant agreement and to approve amendments to the agreement up to fifteen (15) percent variance from the original award which are consistent with the agreement as approved. Mr. Chairperson, on behalf of the Public Services Committee, I move the adoption of the foregoing resolution. PUBLIC SERVICES COMMITTEE Richard D. Kuhn, Jr., Chairperson The Chairperson referred the resolution to the Finance Committee. There were no objections. Misc. 90253 By Commissioner Larry P. Crake IN RE: WATERFORD HILLS LANDFILL - REQUEST DNR TO HOLD PUBLIC HEARING To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS the responsibility of issuing licenses to operate landfills is granted to the Department of Natural Resources (ONR) by Public Act 641 of 1978; and WHEREAS the Waterford Township Supervisor has requested notification by the DNR of any proceedings with regard to issuance of license for the Waterford Hills Landfill in order that the Townships comments and concerns can be made a part of the public record; and WHEREAS the residents have also requested the opportunity to express their comments an concerns regarding the renewal of the license for this landfill; and WHEREAS for several years problems with the operation of the landfills have caused health hazards to the residents and endangered the surrounding environment; and WHEREAS although a public hearing is not required, the Oakland County Board of Commissioners concurs with the request that a hearing be held to enable residents and township officials to provide input into the ONR's decision on this matter. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners requests the Michigan Department of Natural Resources to conduct a local public hearing regarding the issue of renewal of the Waterford Hills Landfill operation license. Mr. Chairperson, I move adoption of the foregoing resolution. Larry P. Crake, Commissioner District #5 Donna R. Huntoon, Richard D. Kuhn, Jr., Nancy McConnell The Chairperson referred the resolution to the Planning and Building Committee. There were no objections. Misc. 90254 By Commissioner John E. Olsen IN RE: (SUPPORT) PASSAGE OF LEGISLATION REDUCING PROPERTY TAXES BEFORE THE 1989-1990 LEGISLATIVE SESSION ENDS To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS property taxes in Michigan are the fourth highest in the nation; and WHEREAS the state's property tax system is unduly burdensome to both the young and old in that it is a significant factor in forcing senior citizens out of their homes and it prevents many young people from being able to afford homes; and WHEREAS the present school financing system is inadequate and must be reformed with the state bearing a much greater share of per-pupil cost; and WHEREAS numerous bills and resolutions aimed at reducing property taxes have been introduced in the State Legislature during the 1989-1990 legislative session but lawmakers have been unable to reach agreement and pass any of these proposals; and LYNN D. ALLEN Clerk ROY REWOLD Chairperson Commissioners Minutes Continued. October 11, 1990 378 WHEREAS besides the proposed legislation, Richard Headlee has filed petitions containing 223,000 signatures calling for a property tax cut of 20 percent over two years but this proposal cannot be presented to the voters until the November, 1992, general election; and WHEREAS with the urgent need in Michigan for tax relief now, it is unrealistic to wait until 1992 for a solution to the Problem when the State Legislature could resolve it yet this year. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners urges the State Legislature to adopt meaningful property tax relief legislation before the 1989-1990 legislative session ends in December. BE IT FURTHER RESOLVED that this tax relief be either (1) a package of bills implementing the Headlee proposal and taking immediate effect or (2) legislation increasing the maximum income , tax credit allowed for property taxes from $1,200 to $2,400. Mr. Chairperson, I move the adoption of the foregoing resolution. John E. Olsen, Commissioner Dist. #17 The Chairperson referred the resolution to the General Government Committee. There were no objections. The Chairperson stated the composting site at Orion Oaks Park will be open for public use on October 15, 1990. In accordance with Rule XXII, the following referrals were made by the Chairperson: GENERAL GOVERNMENT a. Iron County - (Oppose) Polluters Pay Bill b. City of Birmingham-(Oppose) Section 21, Subsection 4 & 5 of SB 830 - "School Aid Bill" PLANNING & BUILDING a. Waterford Township-DNR Public Hearing on Waterford Landfill License b. City of Rochester Hills-Incinerator Moratorium c. City of Oak Park-Proposed Retrofit of SOCCRA's Incinerator PUBLIC SERVICES a. MI Dept. of Social Services-Funding has been Appropriated-Cooperative Reimbursement Grants b. Robert Levi, P.C.-Re: Circuit Court Appointed Counsel Fees c. 4-H Fair-Thank you OTHERS Commissioners a. Thomas J. Bulger-Washington Report for the Week of September 24, 1990 b. Thomas J. Bulger-Washington Report for the Week of October 1, 1990 There were no objections to the referrals. The Chairperson stated the next Board meeting will be held on October 25, 1990 at 9:30 a.m The Board adjourned at 11:12 a.m.