2001 - Saginaw County

Board of Commissioners February 27, 2001
C. Ruth, 4 miles 51.38
B. Fish, 40 miles 63.80
City School Liaison at Courthouse---2-15-01
C. Ruth, 0 miles (no comp.)
M. O'Hare, 0 miles (no comp.)
R. Blaine, 26 miles 58.97
J. Collison, 4 miles 51.38
Respectfully submitted,
Kaye Schultz, Board Coordinator
*Not previously reported
By Commissioner Horn: That Committee Compensation Report(s) 5.1,
5.2 and 5.3 be received, not read, and the recommendations
contained therein adopted. Approved.
RESOLUTIONS
RESOLUTION A FEBRUARY 27, 2001
RE:TO BORROW AGAINST ANTICIPATED DELINQUENT 2000 REAL PROPERTY
TAXES
At a regular meeting of the Board of Commissioners of the County
of Saginaw, State of Michigan, held at Saginaw, Michigan, on the
27th day of February, 2001.
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
Commissioner Hare offered the following resolution and moved
its adoption. The motion was seconded by Commissioner Graham.
WHEREAS, the Board of Commissioners of the County of Saginaw
(the "County") has heretofore adopted a resolution establishing
the Saginaw County Delinquent Tax Revolving Fund (the "Fund")
pursuant to Section 87b of Act No. 206, Public Acts of Michigan,
1893, as amended ("Act 206"); and
WHEREAS, the purpose of the Fund is to allow the Saginaw
County Treasurer (the "County Treasurer") to pay from the Fund any
or all delinquent real property taxes that are due and payable to
the County and any school district, intermediate school district,
community college district, city, township, special assessment
district, the State of Michigan or any other political unit for
which delinquent tax payments are due; and
WHEREAS, it is hereby determined to be necessary for the
County to borrow money and issue its notes for the purposes
authorized by Sections 87c, 87d and 89 of Act 206; and
WHEREAS, it is estimated that the total amount of unpaid 2000
delinquent real property taxes (the "delinquent taxes")
outstanding on March 1, 2001, will be approximately $ 11,930,065,
exclusive of interest, fees and penalties.
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners
of the County of Saginaw, State of Michigan, as follows:
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