The Roscommon County Board of Commissioner’s met on
Roll Call: Nellist, Mead, Smolarz, Souder, Milburn.
The Pledge of Allegiance was recited.
Also Present: Lois W. Byrd, Higgins Lake Roscommon Chamber of Commerce; Randy Stevenson, Undersheriff; Steve LeMire, Lt. Sheriff’s Dept.; Fran Staley, Sheriff; Glenn Schicker, H.L. Resorter; Marlyn Byrd, Craf Center; Carol Quirk, Juvenile Detention Ctr.; John Bawol, E-911 Director; Russell Kidd, M.S.U. Ext.;
1. Moved by Milburn, seconded by Souder to have ballot for Chairman by
secret ballot. On roll call: Ayes: Nellist, Milburn, Souder. Nays: Mead,
Smolarz. Motion carried.
2. Moved by Nellist, seconded by Smolarz to nominate Larry Mead for the
Chairman for 2007 through 2009. On roll call: Ayes: Nellist, Mead,
Smolarz. Nays: Milburn, Souder. Motion carried.
3. Moved by Nellist, to nominate Mark Milburn for the Chairman for 2007
through 2009. FAILED FOR LACK OF SUPPORT.
4. Moved by Nellist, seconded by Mead to nominate Jim Smolarz for the
Vice-Chairman for the year 2007. On roll call: Ayes: Nellist, Mead,
Smolarz, Milburn, Souder. Nays: None. Motion carried.
5. Moved by Smolarz, seconded by Souder to nominate Mark Milburn for
the Vice-Chairman for the year 2007. FAILED FOR LACK OF
SUPPORT.
6. Moved by Mead, seconded by Milburn to adopt the following Resolution
in regards to the depository and investments for
presented.
DEPOSITORY
WHEREAS,
under the laws of the State of
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 RESOLVIED AS FOLLOW:
1) the Roscommon County Board of Commissioner’s hereby directs Julie
Peters, 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 statute 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
4)
the
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, Smolarz, Souder, Milburn, Mead. Nays:
None. Motion carried.
7. Moved by Nellist, seconded by Smolarz that Chase Bank and Chemical
Bank be designated as the official depository for the County of
Roscommon. On roll call: Ayes: Souder, Milburn, Smolarz, Mead,
Nellist. Nays: None. Motion carried.
8. Moved by Milburn, seconded by Souder to set the 2007 Meetings for the
month
beginning at
dates
at
Wednesday of each month. On roll call: Ayes: Nellist, Mead, Smolarz,
Milburn, Souder. Nays: None. Motion carried.
9. Moved by Nellist, seconded by Milburn to set Claims and Accounts
meetings for the day before the first monthly Board Meeting. On roll
call: Ayes: Smolarz, Mead, Souder, Milburn, Nellist. Nays: None.
Motion carried.
10. Moved by Milburn, seconded by Nellist to award the printing of the Board
of Commissioner’s minutes to the Houghton Lake Resorter for the year
2007. On roll call: Ayes: Souder, Smolarz, Mead, Nellist, Milburn.
Nay: None. Motion carried.
11. Moved by Mead, seconded by Smolarz that no motion shall be presented
to the Board of Commissioner’s or Administrative Assistant no later
than
except for emergencies, that come after that time will be heard at the next
regularly scheduled Board Meeting. On roll call: Ayes: Nellist, Souder,
Milburn, Smolarz, Mead. Nays: None. Motion carried.
12. Moved by Nellist, seconded by Milburn to adjourn meeting. On roll call:
Ayes: Souder, Smolarz, Nellist, Mead, Milburn. Nays: None. Motion
carried.
Meeting adjourned at
(Minutes subject to Board Approval)
_______________________________
Ann M. Bonk,