2001 - Saginaw County

Board of Commissioners August 14, 2001
By Commissioner Horn: That Committee Compensation Report(s) 5.1,
5.2, 5.3 and 5.4 be received, not read, and the recommendations
contained therein adopted. Approved.
RESOLUTIONS
RESOLUTION A AUGUST 14, 2001
COUNTY OF SAGINAW
BOARD OF COMMISSIONERS
At a regular meeting of the Board of Commissioners of Saginaw
County held in the Saginaw County Governmental Center in the City
of Saginaw, Michigan on August 14, 2001, at 5:00 p.m., Eastern
Daylight Savings Time, there were:
PRESENT --- Raymond F. Bartels, Thomas A. Basil, Robert D. Blaine,
Jeanine A. Collison, Robert L. Fish, Eddie F. Foxx, James M.
Graham, Todd M. Hare, Kenneth B. Horn, Richard F. Mallette,
Michael P. O'Hare, Carl E. Ruth, Connie D. Smith, Robert M. Woods
Jr., Patrick A. Wurtzel
ABSENT --- None
The following preamble and resolution were offered by
Commissioner Hare and seconded by Commissioner Mallette:
RESOLUTION APPROVING REVISED PAYMENT SCHEDULE
WHEREAS, the County of Saginaw (the “County”) issued the
Saginaw County – Carrollton Township 1998 Water System Improvement
Bond (the “Bond”) on July 2, 1998 in the aggregate principal
amount of $2,165,000;
WHEREAS, it now appears that the County does not need the
full amount of the Bond and wishes to approve a reduction in the
aggregate amount of the Bond;
WHEREAS, the Michigan Municipal Bond Authority has prepared a
revised payment schedule (the “Revised Payment Schedule”) for the
Bond which is attached hereto as Exhibit 1.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS
OF THE COUNTY OF SAGINAW as follows:
1. The Revised Payment Schedule attached as Exhibit 1 is
hereby approved by the Board of Commissioners of the County.
2. All resolutions, and parts of resolutions, insofar as
they conflict with the foregoing resolution are hereby rescinded.
A vote on the foregoing resolution was taken and was as
follows:
YES --- Raymond F. Bartels, Thomas A. Basil, Robert D. Blaine,
Jeanine A. Collison, Robert L. Fish, Eddie F. Foxx, James M.
Graham, Todd M. Hare, Kenneth B. Horn, Richard F. Mallette,
Michael P. O'Hare, Carl E. Ruth, Connie D. Smith, Robert M. Woods
Jr., Patrick A. Wurtzel
NO --- N/A
ABSTAIN --- N/A
The Resolution was declared adopted.
CERTIFICATION
The undersigned, being the duly qualified and acting Clerk of
the County of Saginaw, hereby certifies that (1) the foregoing is
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