2001 - Saginaw County

Board of Commissioners February 27, 2001
WHEREAS, this Fund has been designated as the 100% Tax
Payment Fund (the "Fund") by the County Treasurer; and
WHEREAS, pursuant to Act 206, upon creation of the Fund the
County Treasurer is to act as agent for the County to administer
the Fund; and
WHEREAS, the Board of Commissioners of the County has adopted
a Resolution to Borrow Against Anticipated Delinquent 2000 Real
Property Taxes to continue the Fund for 2001.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS
OF THE COUNTY OF SAGINAW, STATE OF MICHIGAN, as follows:
1. Pursuant to Section 87c of Act 206, the County
Treasurer's office shall receive for administrative expenses in
connection with the Fund and the issuance of General Obligation
Limited Tax Notes, Series 2001 by the County such sums as are
provided by law.
2. As agent for the County, the County Treasurer shall act
pursuant to Act 206 and as further provided in the Resolution to
Borrow Against Anticipated Delinquent 2000 Real Property Taxes
heretofore adopted by the County Board of Commissioners.
After discussion, the vote was:
YEAS --- 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
NAYS --- None
ABSENT --- None
A sufficient majority having voted therefor, the Resolution
of Agency Pursuant to Section 87c of Act 206 was adopted.
STATE OF MICHIGAN )
)ss
COUNTY OF SAGINAW )
I, the undersigned, the duly qualified and acting Clerk of
the Board of Commissioners of the County of Saginaw, the State of
Michigan, do hereby certify that the foregoing is a true and
complete copy of proceedings taken at a regular meeting of the
Board of Commissioners of said County, held on the 27th day of
February, 2001, insofar as the same relate to the Resolution of
Agency Pursuant to Section 87c of Act 206, the original of which
is on file in my office. Public notice of said meeting was given
pursuant to and in compliance with Act No. 267, Public Acts of
1976, as amended.
IN WITNESS WHEREOF, I have hereunto affixed my official
signature this 27th day of February, 2001.
Susan Kaltenbach, Clerk, County of Saginaw
BLOOMFIELD 9569-19 382498
RESOLUTION C FEBRUARY 27, 2001
RE: Reese Intercounty Drain Bonds, Series 2001
97