2001 - Saginaw County

Board of Commissioners November 13, 2001
between the County and the Authority dated December 1, 2001; and
(iii) a form of notice to be published.
After discussion of the Contract, the Ground Lease and the
notice the following resolution was offered by Commissioner Hare
and seconded by Commissioner Wurtzel:
WHEREAS, pursuant to the provisions of Act No. 31, Public
Acts of Michigan, 1948 (First Extra Session), as amended
(hereinafter referred to as "Act 31"), the Board of Commissioners
of the County has incorporated the Authority for the purposes set
forth in Act 31; and
WHEREAS, a proposed Contract of Lease between the County and
the Authority has been prepared and presented to this Commission;
and
WHEREAS, a proposed Ground Lease between the County and the
Authority has been prepared and presented to this Commission; and
WHEREAS, it is necessary and desirable for the County to
enter into both the proposed Contract of Lease and the proposed
Ground Lease with the Authority; and
WHEREAS, it is necessary to publish a notice of the County's
intention to enter into the Contract of Lease and to allow a 45-
day period for the filing of a petition for referendum requesting
an election on the Contract of Lease.
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners
of the County of Saginaw, as follows:
1. The aforesaid Contract of Lease is hereby approved and
the Chairperson of the Board of Commissioners and the County Clerk
are directed to execute the Contract of Lease on behalf of the
County and to deliver the same to the Authority.
2. The aforesaid Ground Lease is hereby approved and the
Chairperson of the Board of Commissioners and the County Clerk are
directed to execute the Ground Lease on behalf of the County and
to deliver the same to the Authority.
3. The Chairperson and the County Clerk shall execute and
deliver as many copies of the Contract of Lease and the Ground
Lease as they shall, in their discretion, deem necessary or
desirable.
4. The County Clerk is authorized and directed to cause the
notice presented to this Board on this date to be published and
prominently displayed once in a newspaper of general circulation
in the County.
5. It is hereby determined that the notice provides
information adequate to inform the electors and taxpayers of the
County of the nature of the contractual obligations to be assumed
by the County and of their right to file a petition for referendum
requesting an election on the Contract of Lease.
6. Copies of the Contract of Lease and the Ground Lease and
the notice this date presented to the Board of Commissioners shall
be attached to the minutes of this meeting and placed on file in
the office of the County Clerk.
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