The Roscommon County Board of Commissioner’s met on
Roll Call: Nellist, Mead, Schneider, Milburn, Souder.
The Pledge of Allegiance was recited.
Also Present: Tim
O’Rourke,
Weatherly;
Jeff Patrus; Lois Byrd,
Schicker, H.L. Resorter; Tom Rose,
Terrian, Family Court; Rick Meeks; Pat Springstead; Randy Stevenson, Undersheriff;
Fran Staley, Sheriff;
1. Moved by Nellist, seconded by Milburn to approve the agenda as
amended. Amend motion
#6 from the
call: Ayes: Souder, Schneider, Milburn, Nellist, Mead. Nays: None.
Motion carried.
2. Moved by Souder seconded by Schneider to approve minutes from
Ayes: Nellist, Mead, Milburn, Schneider, Souder. Nays: None. Motion
carried.
3. Moved by Nellist, seconded by Souder to approve Class A Bills. On roll
call: Ayes: Schneider, Milburn, Mead, Nellist, Souder. Nays: None.
Motion carried.
4. Moved by Milburn, seconded by Nellist to approve Claims and Accounts.
On roll call: Ayes: Souder, Milburn, Schneider, Mead, Nellist. Nays: None. Motion carried.
Controller’s Report.
Public Comment – None.
5. Moved by Souder, seconded by Nellist to approve Treasurer’s Report
ending on
Schneider, Mead, Nellist, Souder. Motion carried.
Committee Report
Review of Monthly Reports: Gypsy Moth, Jail activity report, Sheriff, E-911, and Animal Control.
Correspondence
A. Gary Milner
Re: Snow Plow Bids
B. Prosecutor’s Office
Re: Response to Mr. Milner’s letter
C. DEQ
Re: Permit Old 27/Wolf Creek
6. Moved by Milburn, seconded by Nellist to approve the 2007-2008 Child
Care Fund budget with the County appropriation set for $427,611.00 and
authorize Chairman, Larry D. Mead to sign. On roll call: Ayes: Souder,
Schneider, Milburn, Mead, Nellist. Nays: None. Motion carried.
7. Moved by Nellist, seconded by Souder to approve Resolution to Amend
Resolution to authorize Issuance of Michigan Transportation Fund
Refunding Bonds, Series 2007 as presented. Robert W. Baird & Co.
will serve as Co-Underwriter with Oppenheimer & Co., Inc.
STATE OF
RESOLUTION TO
AMEND
RESOLUTION TO
AUTHORIZE ISSUANCE OF
TRANSPORTATION
FUND REFUNDING BONDS, SERIES 2007
Minutes of a regular meeting of the Board of Commissioner’s of the
Local Time.
PRESENT: Commissioner’s: Milburn, Schneider, Mead, Nellist,
Souder.
ABSENT: Commissioner’s: None.
The following preamble and resolution were offered by Commissioner
Nellist, and supported by Commissioner Souder.
WHEREAS, the County Board of
Commissioners on
adopted the “Resolution to Authorize Issuance of Michigan Transportation
Fund Refunding Bonds, Series 2007,” which provided, in part, in
Paragraph 15 that the Refunding Bonds were to be sold, upon satisfaction
of various conditions, to Oppenheimer & Co., Inc. as the Underwriter,
pursuant to a Bond Purchase Agreement; and
WHEREAS, the County has been advised that Robert W. Baird & Co.
will serve as Co-Underwriter with Oppenheimer & Co., Inc.
NOW, THEREFORE, BE IT HEREBY RESOLVED AS FOLLOWS:
1. Paragraph 15 of the Bond Authorizing Resolution is hereby
amended to read as follows:
15. Bond Purchase Agreement: Private Sale of Bonds. The Board
of Commissioners finds it to be in the best interest of the County
and the County Road Commission and its residents, taxpayers and
electors, to sell the Bonds at a negotiated sale, rather than a
competitive sale, in order to obtain the maximum flexibility in
sizing the Bonds, based upon the structure of the refunding escrow,
and in pricing and structuring the Bonds to take advantage of day
to day flucuations in the municipal bond market. The County
Treasurer is hereby authorized to execute and deliver a Bond
Purchase Agreement substantially in the form attached hereto as
Exhibit C (the “Bond Purchase Agreement”), which embodies the
terms of the Bonds approved by the
Manager of the County Road Commission in accordance with this
Resolution, with such additions to and deletions from the Bond
Purchase
Agreement as the
the best interest of the County, and the
authorized to sell the Bonds at a private sale to Oppenheimer &
Co. Inc. and Robert W. Baird & Co. Inc. jointly (together, the
“Underwriter”), pursuant to the Bond Purchase Agreement and in
accordance with applicable state law, and to do all other things
necessary to effectuate the sale, issuance, delivery, transfer and
exchange of the Bonds in accordance with the provisions of this
Resolution and the Bond Purchase Agreement.
2. All resolutions and parts of resolutions in conflict herewith
shall be and the same are hereby rescinded.
On roll call: Ayes: Milburn, Schneider, Mead, Nellist, Souder.
Nays: None. Motion carried.
8. Moved by Nellist, seconded by Schneider to approve Employee Benefit
Services as our health insurance agent of record. On roll call: Ayes:
Souder, Milburn, Mead, Schneider, Nellist. Nays: None. Motion carried.
9. Moved by Souder, seconded by Schneider to amend motion #6 dated
Commissioner’s health insurance at the same cost as provided to County
Commissioner’s. Cost may change on a yearly basis. On roll call: Ayes:
Nellist, Mead, Milburn, Souder, Schneider. Nays: None. Motion carried.
10. Moved by Souder, seconded by Schneider to adjourn meeting. On roll call: Ayes: Mead, Schneider, Milburn, Souder, Nellist. Nays: None.
Motion carried.
Meeting adjourned at
____________________________ ____________________________
Larry D. Mead, Chairman Ann
M. Bonk,