HomeMy WebLinkAboutResolutions - 2007.11.01 - 9299REPORT (MISC. 107249) November 1, 2007
BY: Planning and Building Committee, Sue Ann Douglas, Chairperson
IN RE: MR #07249 — DRAIN COMMISSIONER — REQUEST FOR $150,000 LOAN
FROM THE LONG TERM REVOLVING FUND FOR REPAIR OF THE
OXFORD MULTI-LAKES LEVEL CONTROL STRUCTURE
To the Oakland County Board of Commissioners
Chairperson, Ladies and Gentlemen:
The Planning and Building Committee, having reviewed Miscellaneous
Resolution #07249 on November 1, 2007, reports with a recommendation that the
resolution be adopted.
Chairperson, on behalf of the Planning and Building Committee, I move
acceptance of the foregoing report.
PLANNING AND BUILDING COMMITTEE
(
PLANNING & BUILDING COMMITTEE VOTE:
Motion carried unanimously on a roll call vote,
MISCELLANEOUS RESOLUTION # 07249 October 18, 2007
BY: Commissioner Bradford C. Jacobsen, District 1
IN RE: DRAIN COMMISSIONER - REQUEST FOR $150,000 LOAN
FROM THE LONG TERM REVOLVING FUND FOR REPAIR OF
THE OXFORD MULTI-LAKES LEVEL CONTROL STRUCTURE
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Chairperson, Ladies and Gentlemen:
WHEREAS, Cedar Lake, Clear Lake, Long Lake, Squaw
Lake, Squaw Lagoon, Tan Lake and Michelson Lake are inland
lakes located in the Charter Township of Oxford, County of
Oakland, State of Michigan ("Oxford Multi-Lakes"); and,
WHEREAS, the Circuit Court for the County of Oakland,
by Court order on May 9, 1973 established the normal lake
levels for the Oxford Multi-Lakes pursuant to the
provisions of Part 307, Inland Lake Levels, of the Natural
Resources and Environmental Protection Act (NREPA), MCLA
324.30701 et seq. ("Part 307"); and
WHEREAS, said court order confirmed the boundaries of
the special assessment district for Oxford Multi-Lakes; and
WHEREAS, the Office of the Drain Commissioner, as the
delegated authority, inspected the lake level control
structure utilized to maintain the normal levels for the
Oxford Multi-Lakes and has determined that the public
health, safety and welfare of the property owners and
residents of Oxford Township require the repair of the
structure; and,
WHEREAS, the estimated the cost of the repair is
$163,000; and,
WHEREAS, pursuant to Part 307, Section 30711 provides
that the County Board of Commissioners may determine that
the whole or part of the cost of a project shall be
defrayed by special assessments against the following lands
that are benefited by the project: privately owned parcels
of land, political subdivisions of the state and state
owned lands under the jurisdiction and control of the
Michigan Department of Environmental Quality; and
WHEREAS, pursuant to Part 307, Section 30715, the
County Board of Commissioners may also provide that the
special assessments on properties benefited may be made in
installments; and,
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WHEREAS, pursuant to Miscellaneous Resolution #02019,
adopted February 21, 2002 established a Long Term Revolving
Fund to assist in the financing of water and sewer projects
that do not require the issuance of bonds.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
COMMISSIONERS OF THE COUNTY OF OAKLAND, MICHIGAN, as
follows:
1. The County Board of Commissioners hereby authorizes an
advance of $150,000 from the County's Long Term
Revolving Fund to the Oxford Multi-Lakes Special
Assessment District with an annual interest rate of
5.06% for the repair of the Oxford Multi-Lakes lake
level control structure ("Repair Project").
2. All costs of the Repair Project shall be defrayed by
special assessments against the following lands that
are benefited by the project: privately owned parcels
of land, political subdivisions of the state and state
owned lands under the jurisdiction and control of the
Michigan Department of Environmental Quality.
3. The special assessment on benefited lands may be
applied in five (5) annual installments.
4. The delegated authority is authorized to compute all
costs relating to the Repair Project and prepare a
special assessment roll.
5. The delegated authority shall proceed with a public
hearing on the repair project and prepare a special
assessment roll in accordance with Part 307 of the
Michigan Natural Resources and Environmental
Protection Act (MCL 324.30701 et seq.).
Chairperson, on behalf of District 1, I move the
adoption of the foregoing resolution.
Bradt4d C. Jacobsen
Commiiisioner, District 1
2
Resolution #07249 October 18, 2007
The Chairperson referred the resolution to the Planning and Building Committee and the Finance
Committee. There were no objections.
FISCAL NOTE (MISC. #07249) November 1, 2007
BY: FINANCE COMMITTEE, MIKE ROGERS, CHAIRPERSON
IN RE: DRAIN COMMISSIONER - REQUEST FOR $150,000 LOAN FROM THE LONG
TERM REVOLVING FUND FOR REPAIR OF THE OXFORD MULTI-LAKES LEVEL CONTROL
STRUCTURE
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Chairperson, Ladies and Gentlemen:
Pursuant to Rule XII-C of this Board, the Finance Committee has
reviewed the above referenced resolution and finds:
1. The Drain Commissioner's office is requesting a $150,000 loan
from the Long-Term Revolving Fund for the repair of the Oxford
Multi-Lakes level control structure.
2. Miscellaneous Resolution #02019 authorized that monies be made
available to assist in the financing of water and sewer that do
not require the issuance of bonds.
3. Funding is currently available in the Long-Term Revolving Fund
to issue a loan in the amount of $150,000 to the Oxford Multi-
Lakes Level Fund.
4. Previous loans from the Long-Term Revolving Fund have been
secured with an approved special assessment roll against all
benefiting parcels.
5. The special assessment roll for the Oxford Multi-Lakes repair
project to repay the loan, with interest, has not been approved
yet.
6. The Drain Commissioner's office will hold a public hearing on
the repair project and will prepare a 5 year special assessment
roll in accordance with Part 307 of the Michigan Natural
Resources and Environmental Protection Act (MCL 324.30701 et
seq) in order to repay the loan with interest.
7. No funds shall be disbursed from the Long-Term Revolving Fund
until such time as the delegated authority has completed its
proceedings.
8. The interest rate to be charged is to be based on the
prevailing six-month Treasury Bill rate at the time the loan is
issued with Fiscal Services obtaining the six-month Treasury
Bill rate from the Oakland County Treasurer's office upon loan
issuance.
9. No budget amendment is required.
FINANCE COMMITTEE
FINANCE COMMITTEE
Motion carried unanimously on a roll call vote with Woodward and Greimel
absent.
Ruth-Tolin-on, County Clerk
Resolution #07249 November 1, 2007
Moved by Jacobsen supported by Douglas the resolution (with fiscal note attached) be adopted.
Moved by Jacobsen supported by Douglas the Planning and Building Committee Report be accepted.
A sufficient majority having voted in favor, the report was accepted.
Vote on resolution:
AYES: Gingell, Gosselin, Gregory, Greimel, Hatchett, Jacobsen, KowaII, Long, Middleton, Nash,
Potter, Potts, Rogers, Scott, Spector, Woodward, Zack, Bullard, Burns, Coleman, Coulter,
Crawford, Douglas, Gershenson. (24)
NAYS: None. (0)
A sufficient majority having voted in favor, the resolution (with fiscal note attached) was adopted.
0
iHERI3-Y APPROVE THE FOREGOING RESOLUTION
ACTING PURSUANT TO 1973 PA 139
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Ruth Johnson, Clerk of the County of Oakland, do hereby certify that the foregoing resolution is a true and
accurate copy of a resolution adopted by the Oakland County Board of Commissioners on November 1, 2007,
with the original record thereof now remaining in my office.
In Testimony Whereof, I have hereunto set my hand and affixed the seal of the County of Oakland at Pontiac,
Michigan this 1st day of November, 2007.