January 4, 2005

 

 

The Roscommon County Board of Commissioners met on Tuesday, January 4, 2005 for an organizational meeting.  County Clerk Ann Bonk called the meeting to order at 10:00 A.M.

 

Roll Call:  Nellist, Mead, Smolarz, Milburn, Pacella.

 

The Pledge of Allegiance was recited.

 

Also Present:  Fran Staley, Sheriff;  Randy Stevenson, Under Sheriff;  Glen Schicker, Houghton Lake Resorter;  Brad Bannon, Richfield Twp. Police;  Don Jernigan, Richfield Twp.;  Julie Dworzynski, County Treasurer;

 

Opened nominations for Board Chairman for 2005.  Two Year term opened.

Milburn nominated Pacella – support by Nellist

Pacella nominated Mead – support by Smolarz.

Vote Taken. – Mead elected Chairman.

Mead took over meeting.

 

Opened nominations for Vice-Chairman for 2005.

Nellist nominated Roman Pacella – support by Nellist.

Pacella nominated Marc Milburn – support by Mead.

Vote taken – Pacella elected new Vice-Chairman.

 

               1.   Moved by Pacella, seconded by Mead to adopt the following Resolution

                     in regards to the depository and investments for Roscommon County as

                     presented

 

DEPOSITORY AND INVESTMENT

 

RESOLUTION FOR ROSCOMMON COUNTY

 

                       WHEREAS,  under the laws of the State of Michigan, Act No. 40 of the

                       Michigan Public Acts of 1932, 1st Extra Session as amended (MCL

                       129.12), this Board is required to provide, by resolution, for the deposit

                       of all public monies, including tax monies, belonging to, or held for, the

                       State, County or other political units coming into the hands of the County

                       Treasurer, in one or more banks, savings and loan associations or credit

                       unions within the State.

                      

           THEREFORE BE IT RESOLVED as follows:

 

                       1.  the Roscommon County Board of Commissioners hereby directs Julie

                            Dworzynski, Roscommon County Treasurer, to deposit all public

                            monies,  including monies and funds held for the State Board of

                            Escheats or missing heirs, coming into (his/her) hands as Treasurer,

                            in any bank, savings, and loan association or credit union within the

                            State which is a legal depository as defined by State and/or Federal

                            law.

 

                       2.  the Treasurer is authorized to invest funds with these institutions or

                            any institution legally permitted by State statue Act. No. 20 of the

                            Michigan Public Acts of 1943, as amended (MCL 120.91) or Federal

                            law or regulation within the limits set therein, and

 

                       3.  the Treasurer is authorized to enter into and execute on behalf of the

                            County any contracts with any bank or trust company for the

                            safekeeping or third party custodianship of any of the County’s

                            securities as well as any;  contracts or repurchase agreements with

                            any corporation for the purchase of any such securities which will

                            be the subject of such safekeeping or third party custodianship

                            arrangements, on such terms and conditions as the County Treasurer

                            shall require, and

 

                        4.   the County Treasurer is authorized to rely on the containing effect of

                              these Resolutions until amended or repealed by a subsequent

                              resolution of this or a successor Board of Commissioners.

 

                        5.   concerning Mutual funds registered under Investment Company Act

                              of 1940, Title I of Chapter 686, 54 Stat; 789, 15 U.S.C. 80a-64, the

                              County Treasurer is authorized to purchase only investment vehicles

                              that are legal for direct investment by a public corporation.  The

                              Mutual fund must be limited to securities whose intention is to

                              maintain a net asset value of $1.00 per share, maintain a stable

                             (non-fluctuating) net asset value.  Only the interest rate will differ

                              from day to day.

 

                              On roll call:  Ayes:  Nellist, Mead, Smolarz, Milburn, Pacella.  Nays:

                              None.  Motion carried.

 

                  2.    Moved by Milburn, seconded by Pacella that Bank One and Chemical

                         Bank be designated as the official depository for the County of

                         Roscommon.  On roll call:  Ayes:  Nellist, Mead, Smolarz, Milburn,

                         Pacella.  Nays:  None.  Motion carried.

 

                  3.    Moved by Milburn, seconded by Pacella to set the 2005 Meetings for

                         County Commissioners for the second and fourth Wednesday of every

                         month  at  10:00 A.M. except the last meeting will be December 7, 14,

                         and 28th, 2005.  On roll call:  Ayes:  Mead, Smolarz, Milburn, Pacella,

                         Nellist.  Nays:  None.  Motion carried.

                        

 

                  4.    Moved by Pacella, seconded by Milburn to set the 2005 Claims and

                         Accounts meetings for the day before the first monthly Board Meetings.

                         On roll call:  Ayes:  Smolarz, Mead, Nellist, Milburn, Pacella.  Nays:

                         None.  Motion carried.

 

                  5.    Moved by Pacella, seconded by Mead to set the work sessions at 8:30

                         A.M. on regular meeting dates.  On roll call:  Ayes:  Nellist, Mead,

                         Smolarz, Milburn, Pacella.  Nays:  None.  Motion carried.

 

                  6.     Moved by Pacella, seconded by Nellist that no motion shall be

                          presented to the Board of Commissioners or Administrative

                          Assistant no later than Friday at 11:00 a.m. prior to the Board Meeting.

                          Any motions that  come after that time will be tabled until the next

                          Board Meeting.  Exceptions will be made for emergency situations only.

                          On roll call:  Ayes:  Milburn, Pacella, Nellist, Mead, Smolarz.  Nays:

                          None.  Motion carried.

 

                  7.     Moved by Milburn, seconded by Pacella to award printing of minutes to

                          the Houghton Lake Resorter for 2005.  On roll call:  Ayes:  Milburn,

                          Nellist, Pacella, Mead, Smolarz.  Nays:  None.  Motion carried.

 

Committee assignments to be completed by next meeting.

 

                  8.     Moved by Mead, seconded by Smolarz to adjourn meeting.  On roll call:

                          Ayes:  Nellist, Mead, Smolarz, Milburn, Pacella.  Nays:  None.  Motion

                          carried.

 

Meeting adjourned at 10:40 A.M.

 

_____________________                                  ______________________________

Larry Mead, Chairman                             Ann M. Bonk, County Clerk/Register