Board of Commissioners Room - Courthouse

Mason, Michigan - 7:30 p.m.

April 13, 2004



The Ingham County Board of Commissioners met for their statutory Equalization meeting at the above time and place. The meeting was called to order at 7:30 p.m. by Chairperson Celentino. Roll was called and all Commissioners were present, except Commissioners Hertel, Schafer and Severino. Commissioner Severino arrived at 7:34 p.m.



PLEDGE OF ALLEGIANCE:

Gerald Ambrose, Ingham County Controller, led the Board in the Pledge of Allegiance and a few moments of silence were observed for meditation.



APPROVAL OF THE MINUTES:

Moved by Commissioner Stid, supported by Commissioner Lynch to approve the Minutes of the March 23, 2004 meeting, as written. Motion carried.



ADDITIONS TO THE AGENDA:

None.



PUBLIC HEARING: ECONOMIC DEVELOPMENT CORPORATION - CLOSE OUT LINK MICHIGAN PROJECT GRANT:

Chairperson Celentino opened the public hearing at 7:31 p.m. There was no one present to address the issue. Chairperson Celentino closed the public hearing at 7:31 p.m.



PETITIONS AND COMMUNICATIONS:

Notice of Intent to Amend Land Use Policies from Washtenaw County. Received and placed on file.



Letter from the State Tax Commission regarding the Equalization of Personal Property for the Year 2004. Received and placed on file.



Letter from Delta Township requesting a monetary contribution for the Multi-cultural Middle Passage Museum Exhibit. Referred to the County Services Committee.



Letter from the Lansing Area Safety Council inviting Commissioners to attend two upcoming events. Received and placed on file.



Letter from the City of Lansing, Department of Planning and Neighborhood Development, announcing a public hearing to consider the approval of Lansing Brownfield Redevelopment Plan #19 - Styleline Building & Area Redevelopment. Referred to the Finance Committee.



Letter from the City of Lansing, Department of Planning and Neighborhood Development announcing a public hearing to establish a new neighborhood enterprise zone in the downtown area. Referred to the Finance Committee.



Letter from Dawn Haddad regarding the loss of funding for the Community Development Coordinator Kathie Dunbar. Referred to the Human Services Committee.



Letter from Jeremy Deming regarding the loss of funding for the Community Development Coordinator Kathie Dunbar. Referred to the Human Services Committee.



Letter from Dr. Carolyn Stone regarding the loss of funding for the Community Development Coordinator Kathie Dunbar. Referred to the Human Services Committee.



Resolution from Oceana County in opposition to Senate Bill 217. Received and placed on file.



Resolution from Newaygo County regarding PILT Money. Received and placed on file.



Resolution from Hillsdale County in opposition to Senate Bill 217. Received and placed on file.



Letter and Resolution from Clinton County regarding adoption of a final 911 Service Plan. Referred to the Law Enforcement Committee.



2003 Annual Report from the Ingham County Treasurer. Received and placed on file.



Letter from Brenda Wellwood, tendering her resignation from the Ingham County Women's Commission. Accepted and placed on file.



Letter from Roger Fleming, tendering his resignation as Ingham County Animal Control Director effective September 24, 2004. Accepted and placed on file.



Letter from the Department of Environmental Quality announcing establishment of the Upper Grand River Watershed Council. Received and placed on file.



Letter from the Emergency Telephone Service Committee advising Ingham County that it is in compliance with Public Act 244 and eligible to receive wireless surcharge disbursements in 2004. Referred to the Law Enforcement Committee.



Letter from the Michigan Department of Agriculture outlining steps planned to halt the spread of the Emerald Ash Borer. Referred to the Human Services Committee.



Notice of Public Hearing from the City of Mason to consider approval of an application for an industrial facilities exemption certificate for SSAB Hard Tech, Inc. Referred to the Finance Committee.



Resolution from Allegan County opposing changes or cuts to revenue sharing. Referred to the Finance Committee.



Resolution from Allegan County opposing changes to personal property taxes (House Bill 4234) Referred to the Finance Committee.



Resolution from Allegan County opposing changes to sentencing guidelines for prisoners. Referred to the Judiciary Committee.



Resolution from Lake County opposing President Bush increasing co-pays for veterans' drugs and charging for treatment at VA hospitals. Referred to the Human Services Committee.



Memo from Bruce Bragg, Health Officer, regarding the need to expand dental services to low-income adults. Referred to the Human Services Committee.



LIMITED PUBLIC COMMENT:

None.



CONSIDERATION OF CONSENT AGENDA:

Moved by Commissioner Minter, supported by Commissioner Stid to adopt a consent agenda consisting of all items, except 20, 21, 22, and 23. Motion carried unanimously. Items on the consent agenda were adopted by unanimous roll call vote. Items voted on separately are so noted.



COMMITTEE REPORTS AND RESOLUTIONS:

The following resolution was introduced by County Services Committee:



RESOLUTION IN SUPPORT OF THE WORK FIRST PROGRAM THROUGH

CAPITAL AREA MICHIGAN WORKS!



RESOLUTION #04-98



WHEREAS, the Ingham County Board of Commissioners is committed to improving the local economy and providing quality job opportunities for all residents of Ingham County; and



WHEREAS, Capital Area Michigan Works! shares in this vision and works diligently to serve Ingham County residents; and



WHEREAS, the welfare recipients of Ingham County are those in highest need of assistance in finding employment, upgrading basic skills and receiving important training to increase employability; and



WHEREAS, Ingham County's employers and businesses significantly benefit from the positive impact of a trained and qualified workforce; and



WHEREAS, Capital Area Michigan Works! operates the Work First program to serve Ingham County's welfare recipients by placing them into employment and giving them the tools to become self-sufficient citizens who do not need welfare support; and



WHEREAS, Governor Jennifer M. Granholm proposed funding of $100 million statewide in Fiscal Year 2005 to support welfare reform efforts through Work First, a $23 million reduction from Fiscal Year 2004, Capital Area Michigan Works! recognizes the fiscal challenges of the State of Michigan and supports Fiscal Year 2005 Work First funding as proposed; and



WHEREAS, current Temporary Assistance to Needy Families funding allocates less than five percent of its total resources to facilitating the transition of welfare recipients to self-sufficient taxpayers; and



WHEREAS, further cuts to Work First funding would render it impossible to operate a productive program.



THEREFORE BE IT RESOLVED, that the Ingham County Board of Commissioners supports Governor Jennifer M. Granholm's FY 2005 funding recommendations of $100 million statewide for the Work First program.



BE IT FURTHER RESOLVED, that the Ingham County Board of Commissioners supports the use of all funding resources available including GF/GP and additional Temporary Assistance for Needy Families dollars to ensure Work First FY 2005 is funded at no less than $100 million statewide to continue to strengthen the capital area, and Michigan's, welfare reform initiatives, workforce and economy.



COUNTY SERVICES: Yeas: Swope, Thomas, De Leon, Hertel, Severino, Nevin

Nays: None Absent: None Approved 4/6/04



Adopted as part of the consent agenda.



The following resolution was introduced by the County Services Committee:



RESOLUTION DECLARING THE WEEK OF APRIL 18-24, 2004 AS "NATIONAL COUNTY GOVERNMENT WEEK" IN INGHAM COUNTY



RESOLUTION #04-99



WHEREAS, county government traces its roots to the English shire of a thousand years ago, serving as the citizen's local government voice since its inception; and



WHEREAS, when the federal government was formed, the framers of the Constitution chose to provide states with the freedom to create county governments, early state constitutions conceptualized the importance of county government and its dual value to both the state and federal governments; and



WHEREAS, counties provide critical services to the children and families that live in our great country, such as medical services, public safety, and educational development, and immunizations to keep kids healthy, planning to keep parks safe places to play, maintenance to keep roads and bridges fit for traveling, and



WHEREAS, counties provide clean environments and livable communities in which to grow, as well as needed elderly services for seniors and healthcare to the disabled and the needy; and



WHEREAS, when natural or man-made disaster strikes, county emergency services keep children and their families safe and informed until order can be restored; and



WHEREAS, counties provide many services that make America's communities stronger, safer places to live and raise families; and



WHEREAS, in the past, county governments seized opportunities and met challenges that confronted them, today county governments continue to be the citizen's local government voice and are the governments of the future, providing solutions that bring communities together.



THEREFORE BE IT RESOLVED, that the Ingham County Board of Commissioners hereby declares the week of April 18-24, 2004 as "National County Government Week" in Ingham County.



BE IT FURTHER RESOLVED, that all Ingham County departments are encouraged to participate in County Government week activities and promote the valuable services provided by their departments.



COUNTY SERVICES: Yeas: Swope, Thomas, De Leon, Hertel, Severino, Nevin

Nays: None Absent: None Approved 4/6/04



Adopted as part of the consent agenda.



The following resolution was introduced by the County Services and Finance Committees:



RESOLUTION AUTHORIZING A REAPPROPRIATION OF 2003 FUNDS TO THE

WOMEN'S COMMISSION



RESOLUTION #04-100



WHEREAS, at the end of 2003, the Women's Commission's budget had a remaining balance of $4,817; and



WHEREAS, traditionally, the Board of Commissioners has carried over any unspent balance in this budget to the following year; and



WHEREAS, funds have been carried over for several consecutive years; and



WHEREAS, in 2004, the annual budgeted amount of has been reduced to $500, from the previous level of $2,000; and



WHEREAS, the Women's Commission has put together a plan for the expenditure of the remaining funds in 2004.

THEREFORE BE IT RESOLVED, that the Ingham County Board of Commissioners authorizes the reappropriation of the balance of the 2003 Women's Commission's budget, totaling $4,817, to be spent in 2004.



BE IT FURTHER RESOLVED, that any unspent balance remaining at the end of 2004 may be carried over to 2005 by resolution of the Board of Commissioners.



COUNTY SERVICES: Yeas: Swope, Thomas, De Leon, Hertel, Severino

Nays: Nevin Absent: None Approved 4/6/04



FINANCE: Yeas: Lynch, Grebner, Dedden, Thomas

Nays: None Absent: Minter, De Leon Approved 4/7/04



Adopted as part of the consent agenda.



The following resolution was introduced by the County Services and Finance Committees:



RESOLUTION AUTHORIZING INGHAM COUNTY TO APPLY FOR A COMMUNITY DEVELOPMENT BLOCK GRANT



RESOLUTION #04-101



WHEREAS, the Neogen Corporation is a successful bio-technology company that has acquired three other companies and wishes to consolidate operations into the City of Lansing; and



WHEREAS, the Michigan Economic Development Corporation has created a new type of Community Development Block Grant (CDBG) that provides a forgivable loan to a business that meets certain job creation goals and other criteria; and



WHEREAS, Neogen Corporation has expressed its ability to meet the criteria and desires to avail itself of the CDBG opportunity; and



WHEREAS, the City of Lansing, as an entitlement community, cannot be the applicant on behalf of Neogen Corporation but will provide other incentives and inducements such as brownfield redevelopment and industrial facilities tax abatement; and



WHEREAS, Ingham County, on behalf of itself, the City of Lansing and the Neogen Corporation has been authorized by Michigan Economic Development Corporation (MEDC) to apply for a Community Development Block Grant (CDBG) under the provisions of the forgivable loan program; and



WHEREAS, the grant amount requested is not to exceed $750,000 from Michigan Economic Development Corporation (MEDC); and



WHEREAS, direct jobs will be created that will meet the objective to create employment opportunities where at least 51% of jobs will be available to low or moderate income persons.



THEREFORE BE IT RESOLVED, on behalf of Ingham County, the City of Lansing and the Neogen Corporation, the County of Ingham is submitting, and is authorized to submit, the application for a grant of up to $750,000 under the provisions in the forgivable loan program within the CDBG Program.



BE IT FURTHER RESOLVED, that the Board Chairperson and County Clerk are authorized to sign any necessary documents, including the application forms, after review by the County Attorney.



COUNTY SERVICES: Yeas: Swope, Thomas, De Leon, Hertel, Severino, Nevin

Nays: None Absent: None Approved 4/6/04



FINANCE: Yeas: Lynch, Grebner, Dedden, Thomas

Nays: None Absent: Minter, De Leon Approved 4/7/04



Adopted as part of the consent agenda.



The following resolution was introduced by the Finance Committee:



RESOLUTION DESIGNATING COUNTY REPRESENTATIVES AT STATE TAX COMMISSION HEARINGS



RESOLUTION #04-102



WHEREAS, the State Tax Commission has by statute the responsibility to annually equalize all county equalization reports for the State of Michigan; and



WHEREAS, the State Equalization hearing date and issuance of final order is set for Monday, May 24, 2004; and



WHEREAS, under administrative procedures the State Tax Commission requires that each county designate the individuals selected to represent the County at said hearing.



THEREFORE BE IT RESOLVED, that Douglas A. Stover, Equalization Director, and Commissioners Thomas L. Minter and Marc Thomas, be and hereby are appointed to represent the County of Ingham at the preliminary meeting on Monday, May 10, 2004 and the Annual State Equalization Hearing on Monday, May 24, 2004, and any other dates as set by the State Tax Commission, in the matter of the 2004 equalization of assessments for Ingham County.



FINANCE: Yeas: Lynch, Grebner, Dedden, Thomas

Nays: None Absent: Minter, De Leon Approved 4/7/04



Adopted as part of the consent agenda.



The following resolution was introduced by the Finance Committee:



RESOLUTION TO ADOPT THE 2004 COUNTY EQUALIZATION REPORT

AS SUBMITTED WITH THE ACCOMPANYING STATEMENTS



RESOLUTION #04-103



WHEREAS, the Equalization Department has examined the assessment rolls of the 16 townships and five cities within Ingham County to ascertain whether the real and personal property in the respective townships and cities has been equally and uniformly assessed; and



WHEREAS, based on its studies, the Equalization Department has presented to the Equalization Sub-Committee the 2004 Equalization data that equalizes the townships' and cities' valuations, by adding to or deducting from the valuations of the said taxable property in the 16 townships and five cities, an amount which represents the true cash value; and



WHEREAS, the attached report is the result of the foregoing process.



THEREFORE BE IT RESOLVED, by the Board of Commissioners of the County of Ingham, that the accompanying statements be, and the same hereby are, approved and adopted by the Board of Commissioners of the County of Ingham as the equalized value of all taxable property, both real and personal, for each of the 16 townships and five cities in said County for real property values equalized at $ 7,937,819,863 and personal property values equalized at $586,287,074, for a total equalized value of real and personal property at $8,524,106,937 pursuant to Section 211.34 MCL, 1948, as amended.



FINANCE: Yeas: Lynch, Grebner, Dedden, Thomas

Nays: None Absent: Minter, De Leon Approved 4/7/04



Moved by Commissioner Lynch, supported by Commissioner Dedden to adopt the resolution. Motion carried on unanimous roll call vote. Absent: Commissioners Hertel and Schafer.



The following resolution was introduced by the Finance Committee:



2004 BORROWING RESOLUTION

(2003 DELINQUENT TAXES)



RESOLUTION #04-104



A regular meeting of the Board of Commissioners of the County of Ingham, Michigan (the "County"), was held in Mason, Michigan, on April 13, 2004. The following Commissioners were



PRESENT: Celentino, Dedden, De Leon, Grebner, Holman, Lynch, Minter, Nevin, Schor, Severino, Stid, Swope, Thomas, Weatherwax-Grant



ABSENT: Hertel, Schafer



The preambles and resolution set forth below were offered by Commissioner Lynch and were seconded by Commissioner Dedden.



2004 BORROWING RESOLUTION

(2003 DELINQUENT TAXES)



WHEREAS, ad valorem real property taxes are imposed by the County and the local taxing units within the County on July 1 and/or December 1 of each year; and



WHEREAS, a certain portion of these taxes remain unpaid and uncollected on March 1 of the year following assessment, at which time they are returned delinquent to the County's treasurer (the "Treasurer"); and



WHEREAS, the Treasurer is bound to collect all delinquent taxes, interest and property tax administration fees which would otherwise be payable to the local taxing units within the County; and



WHEREAS, the statutes of the State of Michigan authorize the County to establish a fund, in whole or in part from borrowed proceeds, to pay local taxing units within the County their respective shares of delinquent ad valorem real property taxes in anticipation of the collection of those taxes by the Treasurer; and



WHEREAS, the County Board of Commissioners (the "Board") has adopted a resolution authorizing the County's Delinquent Tax Revolving Fund (the "Revolving Fund Program"), pursuant to Section 87b of Act No. 206, Michigan Public Acts of 1893, as amended ("Act 206"); and



WHEREAS, such fund has been established to provide a source of monies from which the Treasurer may pay any or all delinquent ad valorem real property taxes which are due the County, and any city, township, school district, intermediate school district, community college district, special assessment district, drainage district, or other political unit within the geographical boundaries of the County participating in the County's Revolving Fund Program pursuant to Act 206 ("local units"); and



WHEREAS, the Treasurer is authorized under Act 206, and has been directed by the Board, to make such payments with respect to delinquent ad valorem real property taxes (including the property tax administration fees assessed under subsection (6) of Section 44 of Act 206) owed in 2003 to the County and the local units (collectively, the "taxing units") which will have remained unpaid on March 1, 2004 and the Treasurer is authorized to pledge these amounts in addition to any amounts not already pledged for repayment of prior series of notes (or after such prior series of notes are returned as a secondary pledge) all as the Treasurer shall specify in an order when the notes authorized hereunder are issued (the "Delinquent Taxes"); and



WHEREAS, the Board has determined that in order to raise sufficient monies to adequately fund the Revolving Fund Program, the County must issue its General Obligation Limited Tax Notes, Series 2004 in one or more series, in accordance with Sections 87c, 87d, 87e, 87f, 87g and 89 of Act 206 and on the terms and conditions set forth below.

NOW, THEREFORE, IT IS RESOLVED BY THE BOARD AS FOLLOWS:



I.

GENERAL PROVISIONS



101. Establishment of 2004 Revolving Fund. In order to implement the continuation of the Revolving Fund Program and in accordance with Act 206, the County hereby establishes a 2004 Delinquent Tax Revolving Fund (the "Revolving Fund") as a separate and segregated fund within the existing Delinquent Tax Revolving Fund of the County previously established by the Board pursuant to Section 87b of Act 206.



102. Issuance of Notes. The County shall issue its General Obligation Limited Tax Notes, Series 2004 in one or more series (the "Notes"), in accordance with this Resolution and Sections 87c, 87d, 87e, 87f, 87g and 89 of Act 206, payable in whole or in part from the Delinquent Taxes and/or from the other sources specified below.



103. Aggregate Amount of Notes.



(a) The Notes shall be issued in an aggregate amount to be determined in accordance with this Section by the Treasurer.



(b) The aggregate amount of the Notes shall not be less than the amount by which the actual or estimated Delinquent Taxes exceeds (i) the County's participating share of Delinquent Taxes, and (ii) any sums otherwise available to fund the Tax Payment Account established under Section 702 (including any monies held in respect of Section 704(c)).



(c) The aggregate amount of the Notes shall not be greater than the sum of (i) the actual amount of the Delinquent Taxes pledged to the payment of debt service on the Notes, plus (ii) the amount determined by the Treasurer to be allocated to a reserve fund. Original proceeds of the Notes devoted to a reserve fund shall not exceed the lesser of (A) the amount reasonably required for those of the Notes secured by the reserve fund, (B) 10% of the proceeds of such Notes, (C) the maximum amount of annual debt service on such Notes, or (D) 125% of average annual debt service on such Notes.

(d) The aggregate amount of the Notes shall be designated by the Treasurer by written order after (i) the amount of the Delinquent Taxes, or the amount of Delinquent Taxes to be funded by the issuance of the Notes, has been estimated or determined, and (ii) the amount of the reasonably required reserve fund has been calculated. Delinquent Taxes shall be estimated based on delinquencies experienced during the past three fiscal years and on demographic and economic data relevant to the current tax year, and shall be determined based on certification from each of the taxing units. The amount of the reasonably required reserve fund shall be calculated pursuant to such analyses and certificates as the Treasurer may request.



104. Proceeds. If the Notes are issued and sold before the Treasurer has received certification from the taxing units of the amount of the Delinquent Taxes and if such certification is not reasonably anticipated to occur to allow distribution of the proceeds of the Notes within 20 days after the date of issue, the proceeds of the Notes shall be deposited in the County's 2004 Delinquent Tax Project Account and thereafter used to fund the whole or a part of the County's 2004 Tax Payment Account, 2004 Note Reserve Account and/or 2004 Note Payment Account, subject to and in accordance with Article VII. If the Notes are issued and sold on or after such time, the proceeds of the Notes shall be deposited directly into the County's 2004 Tax Payment Account, 2004 Note Reserve Account and/or 2004 Note Payment Account, as provided in Article VII.



105. Treasurer's Order Authorizing Notes and Establishing Delinquent Taxes. At or prior to the time any Notes are issued pursuant to this resolution, the Treasurer, as authorized by Act 206, may issue a written order specifying the amount and character of the Delinquent Taxes, the Article or Articles under which the Notes are being issued and any other matters subject to the Treasurers control under either this resolution or Act 206.



II.

FIXED MATURITY NOTES



201. Authority. At the option of the Treasurer, exercisable by written order, the Notes may be issued in accordance with this Article II. All reference to "Notes" in Article II refers only to Notes issued pursuant to Article II, unless otherwise specified.



202. Date. The Notes shall be dated as of the date of issue or as of such earlier date specified by written order of the Treasurer.



203. Maturity and Amounts. Notes issued pursuant to this Article II shall be structured in accordance with subsections (a) or (b) below as determined by the Treasurer pursuant to written order.



(a) The first maturity of the Notes or of a series of the Notes shall be determined by the Treasurer pursuant to written order, but shall not be later than two years after the date of issue. Later maturities of the Notes shall be on the first anniversary of the preceding maturity or on such earlier date as the Treasurer may specify by written order. The Notes shall be structured with the number of maturities determined by the Treasurer to be necessary or appropriate, and the last maturity shall be scheduled for no later than the fourth anniversary of the date of issue. The amount of each maturity shall be set by the Treasurer when the amount of Delinquent Taxes is determined by the Treasurer or when a reliable estimate of the Delinquent Taxes is available to the Treasurer. In determining the exact amount of each maturity the Treasurer shall consider the schedule of delinquent tax collections prepared for the tax years ending December 31, 2003, and the corollary schedule setting forth the anticipated rate of collection of those Delinquent Taxes which are pledged to the repayment of the Notes. The

amount of each maturity and the scheduled maturity dates of the Notes shall be established to take into account the dates on which the Treasurer reasonably anticipates the collection of such Delinquent Taxes and shall allow for no more than a 10% variance between the debt service payable on each maturity date, the Notes, and the anticipated amount of pledged monies available on such maturity date to make payment of such debt service.



(b) Alternatively, the Notes or a series of the Notes may be structured with a single stated maturity falling not later than the fourth anniversary of the date of issue. Notes issued under this subsection (b) shall be subject to redemption on such terms consistent with Section 209 as shall be ordered by the Treasurer, but in no event shall such Notes be subject to redemption less frequently than annually.



204. Interest Rate and Date of Record.



(a) Except as otherwise provided in this paragraph, Notes issued pursuant to subsection (a) of Section 203 shall bear interest payable semi-annually, with the first interest payment to be payable (i) on the first date, after issuance, corresponding to the day and month on which the maturity of such Notes falls, or (ii) if the Treasurer so orders, six months before such date. In the event (i) any maturity of the Notes arises either less than six months before the succeeding maturity date or less than six months after the preceding maturity date and (ii) the Treasurer so orders in writing, interest on the Notes shall be payable on such succeeding or preceding maturity date. Subject to the following sentence, Notes issued pursuant to subsection (b) of Section 203 shall, pursuant to written order of the Treasurer, bear interest monthly, quarterly, or semiannually, as provided by written order of the Treasurer. If Notes issued under this Article II are sold with a variable rate feature as provided in Article IV, such Notes may, pursuant to written order of the Treasurer, bear interest weekly, monthly, quarterly or on any put date, or any combination of the foregoing, as provided by written order of the Treasurer.



(b) Interest shall not exceed the maximum rate permitted by law.



(c) Interest shall be mailed by first class mail to the registered owner of each Note as of the applicable date of record, provided, however, that the Treasurer may agree with the Registrar (as defined below) on a different method of payment.



(d) Subject to Section 403 in the case of variable rate Notes, the date of record shall be not fewer than 14 nor more than 31 days before the date of payment, as designated by the Treasurer prior to the sale of the Notes.



205. Note Form. The form of Note shall be consistent with the prescriptions of this Resolution and shall reflect all material terms of the Notes. Unless the Treasurer shall by written order specify the contrary, the Notes shall be issued in fully registered form both as to principal and interest, regrettable upon the books of a note registrar (the "Registrar") to be named by the Treasurer. If the Notes are issued in bearer form the Treasurer shall appoint a paying agent (the "Paying Agent"). (The Registrar or Paying Agent so named may be any bank or trust company or other entity, including the County, offering the necessary services pertaining to the registration and transfer of negotiable securities.)



206. Denominations and Numbers. The Notes shall be issued in one or more denomination or denominations of $1,000 each or any integral multiple of $1,000 in excess of $1,000, as determined by the Treasurer. Notwithstanding the foregoing, however, in the event the Notes are deposited under a book entry

depository trust arrangement pursuant to Section 208, the Notes shall, if required by the depository trustee, be issued in denominations of $5,000 each or any integral multiple of $5,000. The Notes shall be numbered from one

upwards, regardless of maturity, in such order as the Registrar shall determine.



207. Transfer or Exchange of Notes.



(a) Notes issued in registered form shall be transferable on a note register maintained with respect to the Notes upon surrender of the transferred Note, together with an assignment executed by the registered owner or his or her duly authorized attorney-in-fact in form satisfactory to the Registrar. Upon receipt of a properly assigned Note, the Registrar shall authenticate and deliver a new Note or Notes in equal aggregate principal amount and like interest rate and maturity to the designated transferee or transferees.



(b) Notes may likewise be exchanged for one or more other Notes with the same interest rate and maturity in authorized denominations aggregating the same principal amount as the Note or Notes being exchanged, upon surrender of the Note or Notes and the submission of written instructions to the Registrar or, in the case of bearer Notes, to the Paying Agent. Upon receipt of a Note with proper written instructions the Registrar or Paying Agent shall authenticate and deliver a new Note or Notes to the owner thereof or to the owner's attorney-in-fact.



(c) Any service charge made by the Registrar or Paying Agent for any such registration, transfer or exchange shall be paid for by the County as an expense of borrowing, unless otherwise agreed by the Treasurer and the Registrar or Paying Agent. The Registrar or Paying Agent may, however, require payment by a knotholes of a sum sufficient to cover any tax or other governmental charge payable in connection with any such registration, transfer or exchange.



208. Book Entry Depository Trust. At the option of the Treasurer, and notwithstanding any contrary provision of Section 212, the Notes may be deposited, in whole or in part, with a depository trustee designated by the Treasurer who shall transfer ownership of interests in the Notes by book entry and who shall issue depository trust receipts or acknowledgments to owners of interests in the Notes. Such book entry depository trust arrangement, and the form of depository trust receipts or acknowledgments, shall be as determined by the Treasurer after consultation with the depository trustee. The Treasurer is authorized to enter into any depository trust agreement on behalf of the County upon such terms and conditions as the Treasurer shall deem appropriate and not otherwise prohibited by the terms of this Resolution. The depository trustee may be the same as the Registrar otherwise named by the Treasurer, and the Notes may be transferred in part by depository trust and in part by transfer of physical certificates as the Treasurer may determine.



209. Redemption.



(a) Subject to the authority granted the Treasurer pursuant to subsection (c) of this Section (in the case of fixed rate Notes) and to the authority granted the Treasurer pursuant to Section 404 (in the case of variable rate Notes), the Notes or any maturity or maturities of the Notes shall be subject to redemption prior to maturity on the terms set forth in subsection (b) below.



(b) Notes scheduled to mature after the first date on which any Notes of the series are scheduled to mature shall be subject to redemption, in inverse order of maturity, on each interest payment date arising after the date of issue.



(c) If the Treasurer shall determine such action necessary to enhance the marketability of the Notes or to reduce the interest rate to be offered by prospective purchasers on any maturity of the Notes, the Treasurer may, by written order prior to the issuance of such Notes, (i) designate some or all of the Notes as non-callable, regardless of their maturity date, and/or (ii) delay the first date on which the redemption of callable Notes would otherwise be authorized under subsection (b) above.



(d) Notes of any maturity subject to redemption may be redeemed before their scheduled maturity date, in whole or in part, on any permitted redemption date or dates, subject to the written order of the Treasurer. Notes called for redemption shall be redeemed at par, plus accrued interest to the redemption date, plus, if the Treasurer so orders, a premium of not more than 1%. Redemption may be made by lot or pro rata, as shall be determined by the Treasurer.



(e) With respect to partial redemptions, any portion of a Note outstanding in a denomination larger than the minimum authorized denomination may be redeemed, provided such portion as well as the amount not being redeemed constitute authorized denominations. In the event less than the entire principal amount of a Note is called for redemption, the Registrar or Paying Agent shall, upon surrender of the Note by the owner thereof, authenticate and deliver to the owner a new Note in the principal amount of the principal portion not redeemed.



(f) Notice of redemption shall be by first class mail 30 days prior to the date fixed for redemption, or such shorter time prior to the date fixed for redemption as may be consented to by the holders of all outstanding Notes to be called for redemption. Such notice shall fix the date of record with respect to the redemption if different than otherwise provided in this Resolution. Any defect in any notice shall not affect the validity of the redemption proceedings. Notes so called for redemption shall not bear interest after the date fixed for redemption, provided funds are on hand with a paying agent to redeem the same.



210. Discount. At the option of the Treasurer, the Notes may be offered for sale at a discount not to exceed 2%.



211. Public or Private Sale. The Treasurer may, at the Treasurer's option, conduct a public sale of the Notes after which sale the Treasurer shall either award the Notes to the lowest bidder or reject all bids. The conditions of sale shall be as specified in a published Notice of Sale prepared by the Treasurer announcing the principal terms of the Notes and the offering. Alternatively, the Treasurer may, at the Treasurer's option, negotiate a private sale of the Notes as provided in Act 206. If required by law, or if otherwise determined by the Treasurer to be in the best interest of the County, (a) the Notes shall be rated by a national rating agency selected by the Treasurer, (b) a good faith deposit shall be required of the winning bidder, and/or (c) CUSP numbers shall be assigned to the Notes. If a public sale is conducted or if otherwise required by law or the purchaser of the Notes, the Treasurer shall prepare or cause to be prepared and disseminated an offering memorandum or official statement containing all material terms of the offer and sale of the Notes. Pursuant to any sale of the Notes, the County shall make such filings, shall solicit such information and shall obtain such governmental approvals as shall be required pursuant to any state or federal law respecting back-up income tax withholding, securities regulation, original issue discount or other regulated matter.

212. Execution and Delivery. The Treasurer is authorized and directed to execute the Notes on behalf of the County by manual or facsimile signature, provided that if the facsimile signature is used the Notes shall be authenticated by the Registrar or any tender agent as may be appointed pursuant to Section 801(c). The Notes shall

be sealed with the County seal or imprinted with a facsimile of such seal. The Treasurer is authorized and directed to then deliver the Notes to the purchaser thereof upon receipt of the purchase price. The Notes shall be delivered at the expense of the County in such city or cities as may be designated by the Treasurer.



213. Renewal, Refunding or Advance Refunding Notes. If at any time it appears to be in the best interests of the County, the Treasurer, by written order, may authorize the issuance of renewal, refunding or advance refunding Notes. The terms of such Notes, and the procedures incidental to their issuance, shall be set subject to Section 309 and, in appropriate cases, Article X.



III.

SHORT TERM RENEWABLE NOTES



301. Authority. At the option of the Treasurer, exercisable by written order, Notes may be issued in accordance with this Article III. All references to "Notes" in Article III refer only to Notes issued pursuant to Article III, unless otherwise specified.



302. Date and Maturity. The Notes shall be dated as of their date of issuance or any prior date selected by the Treasurer, and each issuance thereof shall mature on such date or dates not exceeding one year from the date of their issuance as may be specified by written order of the Treasurer.



303. Interest and Date of Record. The Notes shall bear interest payable at maturity at such rate or rates as may be determined by the Treasurer not exceeding the maximum rate of interest permitted by law on the date the Notes are issued. The date of record shall be not fewer than two nor more than 31 days before the date of payment, as designated by the Treasurer prior to the sale of the Notes.



304. Note Form. The form of Note shall be consistent with the prescriptions of this Resolution and shall reflect all material terms of the Notes. The Notes shall, in the discretion of the Treasurer and consistent with Section 205, either be payable to bearer or be issued in registered form. If issued in registered form, the Notes may be constituted as book-entry securities consistent with Section 208, notwithstanding any contrary provision of Section 308.



305. Denomination and Numbers. The Notes shall be issued in one or more denomination or denominations, as determined by the Treasurer. The Notes shall be numbered from one upwards in such order as the Treasurer determines.



306. Redemption. The Notes shall not be subject to redemption prior to maturity.



307. Sale of Notes. The authority and obligations of the Treasurer set forth in Sections 210 and 211 respecting Fixed Maturity Notes shall apply also to Notes issued under Article III.



308. Execution and Delivery. The authority and obligations of the Treasurer set forth in Section 212 respecting Fixed Maturity Notes shall also apply to Notes issued under Article III.



309. Renewal or Refunding Notes.

(a) The Treasurer may by written order authorize the issuance of renewal or refunding Notes (collectively the "Renewal Notes"). Renewal Notes shall be sold on the maturity date of, and the proceeds applied to the payment of debt service on, the Notes to be renewed. The maturities and repayment terms of the Renewal Notes shall be set by written order of the Treasurer.



(b) In the order authorizing Renewal Notes, the Treasurer shall specify whether the Notes shall be issued in accordance with this Article III, in which event the provisions of Article III shall govern the issuance of the Notes, or whether the Notes shall be issued in accordance with Article II, in which event the provisions of Article II shall govern the issuance of the Notes. The order shall also provide for and shall also govern with respect to:

(i) the aggregate amount of the Renewal Notes;



(ii) the date of the Renewal Notes;



(iii) the denominations of the Renewal Notes;



(iv) the interest payment dates of the Renewal Notes;



(v) the maturity or maturities of the Renewal Notes;



(vi) the terms of sale of the Renewal Notes;



(vii) whether any Renewal Notes issued in accordance with Article II shall be subject to redemption and, if so, the terms thereof; and



(viii) any other terms of the Renewal Notes consistent with, but not specified in, Article II or Article III.



(c) Regardless of whether Renewal Notes need be approved by prior order of the Department of Treasury, the Treasurer, pursuant to Section 89(5)(d) of Act 206, shall promptly report to the Department of Treasury the issuance of any Renewal Notes.



IV.

VARIABLE INTEREST RATE



401. Variable Rate Option. At the option of the Treasurer, exercisable by written order, the Notes, whether

issued pursuant to Article II or Article III, may be issued with a variable interest rate, provided that the rate shall not exceed the maximum rate of interest permitted by law.



402. Determination of Rate. The order of the Treasurer shall provide how often the variable interest rate shall be subject to recalculation, the formula or procedure for determining the variable interest rate, whether and on what terms the rate shall be determined by a remarketing agent in the case of demand obligations consistent with Section 801(d), and whether and on what terms a fixed rate of interest may be converted to or from a variable rate of interest. Such formula or procedure shall be as determined by the Treasurer, but shall track or float within a specified percentage band around the rates generated by any one or more of the following indices:



(i) Publicly reported prices or yields of obligations of the United States of America;



(ii) An index of municipal obligations periodically reported by a nationally recognized source;



(iii) The prime lending rate from time to time set by any bank or trust company in the United States with unimpaired capital and surplus exceeding $40,000,000;



(iv) Any other rate or index that may be designated by order of the Treasurer provided such rate or index is set or reported by a source which is independent of and not controlled by the Treasurer or the County.



The procedure for determining the variable rate may involve one or more of the above indices as alternatives or may involve the setting of the rate by a municipal bond specialist provided such rate shall be within a stated percentage range of one or more of the indices set forth above.



403. Date of Record. The Date of Record shall be not fewer than one nor more than 31 days before the date of payment, as designated by written order of the Treasurer.



404. Redemption. Notwithstanding any contrary provision of subsections (b) and (c) of Section 209, but subject to the last sentence of this Section 404, Notes bearing interest at a variable rate may be subject to redemption by the County and/or put by the holder at any time or times and in any order, as may be determined pursuant to written order of the Treasurer. Notes shall not be subject to redemption more frequently than monthly.



405. Remarketing, Repurchase and Resale.



(a) In the event Notes issued under this Article IV are constituted as demand obligations, the interest rate on the Notes shall be governed by, and shall be subject to, remarketing by a remarketing agent appointed in accordance with Section 801(c), under the terms of a put agreement employed in accordance with Section 801(d).



(b) The County shall be authorized, consistent with Act 206 and pursuant to order of the Treasurer, to participate in the repurchase and resale of Notes in order to reduce the cost of, or increase the revenue, attendant to the establishment of the Revolving Fund and the issuance and discharge of the Notes. Any purchase of Notes pursuant to this subsection (b) shall be made with unpledged monies drawn from revolving funds established by the County in connection with retired general obligation limited tax notes.



V.

MULTIPLE SERIES



501. Issuance of Multiple Series. At the option of the Treasurer, exercisable by written order, the Notes issued under Articles II, Article III or Article X may be issued in two or more individually designated series. Each series shall bear its own rate of interest, which may be fixed or variable in accordance with Article IV. Various series need not be issued at the same time and may be issued from time to time in the discretion of the Treasurer exercisable by written order. In determining the dates of issuance of the respective series, the Treasurer shall consider, among other pertinent factors, the impact the dates selected may have on the marketability, rating and/or qualification for credit support or liquidity support for, or insurance of, the Notes. The Notes of each such series

shall be issued according to this Resolution in all respects (and the term "Notes" shall be deemed to include each series of Notes throughout this Resolution), provided that:



(a) The aggregate principal amount of the Notes of all series shall not exceed the maximum aggregate amount permitted under Section 103;



(b) Each series shall be issued pursuant to Article II or Article III, and different series may be issued pursuant to different Articles;



(c) Each series shall be issued pursuant to Section 502 or Section 503, and different series may be issued pursuant to different Sections;



(d) A series may be issued under Article II for one, two, or three of the annual maturities set forth in Article II with the balance of the annual maturities being issued under Article II or under Article III in one or more other series, provided that the minimum annual maturities set forth in Section 203 shall be reduced and applied pro rata to all Notes so issued; and



(e) The Notes of all series issued pursuant to Article II above shall not, in aggregate, mature in amounts or on dates exceeding the maximum authorized maturities set forth in Section 203.



502. Series Secured Pari Passu. If the Notes are issued in multiple series pursuant to this Article V, each series of Notes may, by written order of the Treasurer, be secured pari passu with the other by the security described in and the amounts pledged by Article VII below. Moreover, such security may, pursuant to further written order of the Treasurer, be segregated in accordance with the following provisions.



(a) The Treasurer may by written order establish separate sub-accounts in the County's 2004 Note Reserve Account for each series of Notes, into which shall be deposited the amount borrowed for the Note Reserve Account for each such series.



(b) The Treasurer may by written order establish separate sub-accounts in the County's 2004 Note Payment Account for each series of Notes, and all amounts deposited in the Note Payment Account shall be allocated to the sub-accounts.

(c)(i) In the event separate sub-accounts are established pursuant to subsection (b) above, and subject to Paragraph (ii) below, the percentage of deposits to the County's 2004 Note Payment Account allocated to each sub-account may be set equal to the percentage that Notes issued in the corresponding series bears to all Notes issued under this Resolution or to any other percentage designated by the Treasurer pursuant to written order; provided that if the various series are issued at different times or if the various series are structured with different maturity dates, (I) sums deposited in the Note Payment Account prior to the issuance of one or more series may upon the issuance of each such series be reallocated among the various sub-accounts established under Subsection (b) above to achieve a balance among the sub-accounts proportionate to the designated percentage allocation, and/or (II) deposits to the Note Payment Account may be allocated among the sub-accounts according to the total amount of debt service that will actually be paid from the respective sub-accounts.



(ii) Alternatively, the Treasurer may, by written order, rank the sub-accounts established under Subsection (b) above in order of priority, and specify that each such sub-account shall receive deposits only after all sub-accounts having a higher priority have received deposits sufficient to discharge all (or any specified percentage of) Notes whose series corresponds to any of the sub-accounts having priority.



(d) In the absence of a written order of the Treasurer to the contrary, the amounts in each sub-account established pursuant to this Section 502 shall secure only the Notes issued in the series for which such sub-account was established, until such Notes and interest on such Notes are paid in full, after which the amounts in such sub-account may, pursuant to written order of the Treasurer, be added pro rata to the amounts in the other sub-accounts and thereafter used as part of such other sub-accounts to secure all Notes and interest on such Notes for which such other sub-accounts were created, until paid in full. Alternatively, amounts held in two or more sub-accounts within either the Note Reserve Account or the Note Payment Account may be commingled, and if commingled shall be held pari passu for the benefit of the holders of each series of Notes pertaining to the relevant sub-accounts.



503. Series Independently Secured. If the Notes are issued in multiple series pursuant to this Article V, each series of Notes may, by written order of the Treasurer, be independently secured in accordance with this Section 503.



(a) Each series of Notes shall pertain to one or more taxing units, as designated by the Treasurer pursuant to written order, and no two series of Notes shall pertain to the same taxing unit. A school district, intermediate school district, or community college district extending beyond the boundaries of a city in which it is located may, pursuant to written order of the Treasurer, be subdivided along the boundaries of one or more cities and each such subdivision shall be deemed a taxing unit for purposes of this Section 503.



(b) Separate sub-accounts shall be established in the County's 2004 Tax Payment Account. Each sub-account shall receive the proceeds of one and only one series of Notes, and amounts shall be disbursed from the sub-account to only those taxing units designated as being in that series.



(c) In the event Notes are issued for deposit into the Project Account established under Section 701, separate sub-accounts shall be established in the Project Account. Each sub-account shall receive the proceeds of one and only one series of Notes, and amounts shall be disbursed from the sub-account only to accounts, sub-

accounts and/or taxing units designated as being in the series corresponding to the sub-account from which disbursement is being made.



(d) A separate sub-account shall be established in the County's 2004 Note Reserve Account for each series of Notes, into which shall be deposited the amount determined by the Treasurer under Section 103 or Section 703 with respect to the series. Each sub-account shall secure one and only one series.



(e) A separate sub-account shall be established in the County's 2004 Note Payment Account for each series of Notes. Each sub-account shall be allocated only those amounts described in Section 704 which pertain to the taxing units included in the series corresponding to the sub-account. Chargebacks received from a taxing unit pursuant to Section 905 shall be deposited in the sub-account corresponding to the series in which the taxing unit is included. Amounts held in each sub-account shall secure the debt represented by only those Notes included in the series corresponding to the sub-account, and disbursements from each sub-account may be applied toward the payment of only those Notes included in the series corresponding to the sub-account.



(f) The amounts in each sub-account established pursuant to this Section 503 shall secure only the Notes issued in the series for which such sub-account was established until such Notes and interest on such Notes are paid in full, after which any amounts remaining in such sub-account shall accrue to the County and shall no longer be pledged toward payment of the Notes.





VI.

TAXABILITY OF INTEREST



601. Federal Tax. The County acknowledges that the current state of Federal law mandates that the Notes be structured as taxable obligations. Consequently, the Notes shall, subject to Article X, be issued as obligations the interest on which is not excluded from gross income for purposes of Federal income tax.



602. State of Michigan Tax. Consistent with the treatment accorded all obligations issued pursuant to Act 206, interest on the Notes shall be exempt from the imposition of the State of Michigan income tax and the State of Michigan single business tax, and the Notes shall not be subject to the State of Michigan intangibles tax.



603. Change in Federal Tax Status. In the event there is a change in the Federal tax law or regulations, or a ruling by the U.S. Department of Treasury or Internal Revenue Service establishes that the Notes may be issued as exempt from Federal income taxes or a change in Michigan law causes the Notes in the opinion of counsel to be exempt from federal income taxes, the Notes may be so issued.





VII.

FUNDS AND SECURITY



701. Delinquent Tax Project Account. If the Notes are issued and sold before the Treasurer has received

certification from the taxing units of the amount of the Delinquent Taxes and if such certification is not reasonably anticipated in time to allow distribution of the proceeds of the Notes within 20 days after the date of issue, a 2004 Delinquent Tax Project Account (the "Project Account") shall be established by the Treasurer as a separate and distinct fund of the County within its general fund. The Project Account shall receive all proceeds from the sale of the Notes, including any premium or accrued interest received at the time of sale. The Project Account shall be held in trust by an escrow agent until the monies therein are disbursed in accordance with this Article VII. The escrow agent shall be a commercial bank, shall be located in Michigan, shall have authority to exercise trust powers, and shall have a net worth in excess of $25,000,000. The form and content of the agreement between the County and the escrow agent shall be approved by the Treasurer. Subject to the following sentence, monies deposited in the Project Account shall be expended only (i) for the purpose of funding the Tax Payment Account established under Section 702 and (ii) to the extent permitted by Act 206, for the purpose of paying the expenses of the offering of the Notes. In the event the Treasurer by written order so directs, additional funding of the Project Account may be undertaken, and any surplus proceeds remaining in the Project Account after the Treasurer has completed the funding of the Tax Payment Account may be transferred to either the 2004 Note Reserve Account created under Section 703 or the 2004 Note Payment Account created under Section 704. Monies in the Project Account may be disbursed by the escrow agent to the County's 2004 Tax Payment Account at any time and from time to time, upon receipt of a written requisition signed by the Treasurer.



702. 2004 Tax Payment Account. The County's 2004 Tax Payment Account (the "Tax Payment Account") is hereby established as a distinct account within the Revolving Fund. The Treasurer shall designate all or a portion of the proceeds of the Notes, not to exceed the amount of Delinquent Taxes, for deposit in the Tax Payment Account. If, however, the proceeds of the Notes are initially deposited in the Project Account pursuant to Section 701, the Treasurer is instead authorized and directed to transfer monies included in the Project Account in accordance with the procedures set forth in Section 701. The County shall apply the monies in the Tax Payment Account to the payment of the Delinquent Taxes or expenses of the borrowing in accordance with Act 206. The allocation of monies from the Tax Payment Account may be made pursuant to a single, comprehensive disbursement or may instead be made from time to time, within the time constraints of Act 206, to particular taxing units as monies are paid into the Tax Payment Account, such that the source of the monies (whether from the County's own funds, from the proceeds of a tax exempt borrowing or from the proceeds of a taxable borrowing) may be traced to the particular taxing unit receiving the funds. Moreover, and regardless of whether multiple series of Notes are issued, the Tax Payment Account may be divided into separate sub-accounts in order to allow the Treasurer to designate which taxing units shall receive borrowed funds and which shall receive funds otherwise contributed by the County.



703. 2004 Note Reserve Account. In the event funding is provided as described in this Section 703, the Treasurer shall establish a 2004 Note Reserve Account (the "Note Reserve Account") as a distinct account within the Revolving Fund. After depositing all of the monies to fund the Tax Payment Account pursuant to Section 702, the Treasurer shall next transfer to the Note Reserve Account, either from the Project Account or directly from the proceeds of Notes, any proceeds remaining from the initial issuance of the Notes. In addition, the Treasurer may transfer unpledged monies from other County sources to the Note Reserve Account in an amount which, when added to any other amounts to be deposited in the Note Reserve Account, does not exceed the amount reasonably required for the Notes secured by the Reserve Account or, if less, 20% of the total amount of the Notes secured by the

Reserve Account. Except as provided below, all monies in the Note Reserve Account shall be used solely for payment of principal of, premium, if any, and interest on the Notes to the extent that monies required for such payment are not available in the County's 2004 Note Payment Account. Monies in the Note Reserve Account shall be withdrawn first for payment of principal of, premium, if any, and interest on the Notes before County general funds are used to make the payments. All income or interest earned by, or increment to, the Note Reserve Account due to its investment or reinvestment shall be deposited in the Note Reserve Account. When the Note Reserve Account is sufficient to retire the Notes and accrued interest thereon, the Treasurer may order that the Note Reserve Account be used to purchase the Notes on the market, or, if the Notes are not available, to retire the Notes when due. If so ordered by the Treasurer, all or any specified portion of the Note Reserve Account may be applied toward the redemption of any Notes designated for redemption in accordance with Section 209.



704. 2004 Note Payment Account.

(a) The County's 2004 Note Payment Account is hereby established as a distinct account within the Revolving Fund. (The County's 2004 Note Payment Account, as supplemented by monies held in any interim account that are designated for transfer to the 2004 Note Payment Account, is herein referred to as the "Note Payment Account".) The Treasurer is directed to deposit into the Note Payment Account, promptly on receipt, those amounts described below in Paragraphs (i), (ii), (iv), and (v) that are not excluded pursuant to Subsection (c) below. Furthermore, the Treasurer may, by written order, deposit into the Note Payment Account all or any portion of the amounts described below in Paragraph (iii).



(i) All Delinquent Taxes.



(ii) All statutory interest on the Delinquent Taxes.



(iii) All property tax administration fees on the Delinquent Taxes, net of any amounts applied toward the expenses of this borrowing.



(iv) Any amounts which are received by the Treasurer from the taxing units within the County because of the unacceptability of the Delinquent Taxes.



(v) Any amounts remaining in the Project Account after the transfers to the Tax Payment Account and Note Reserve Account have been made as specified in Sections 702 and 703.



(b) Monies in the Note Payment Account shall be used by the County to pay principal of, premium, if any, and interest on the Notes as the same become due and payable.



(c)(i) The Treasurer may by written order provide that only a portion of the sums described above in Subsection (a) shall be deposited into the Note Payment Account and applied toward the payment of debt service on the Notes, in which event those sums which are withheld from the Note Payment Account shall be deposited into the Tax Payment Account or, pursuant to further order of the Treasurer, applied toward any other purpose consistent with Act 206. The portion of any sums described in Subsection (a) which are withheld from the Note Payment Account pursuant to this Subsection shall be determined in accordance with the following Paragraph.



(ii) Prior to the issuance of the Notes, the Treasurer may by written order specify a cut-off date not earlier than March 1, 2004, and only those sums payable to the Note Payment Account and received by the County after the cut-off date shall be applied to the Note Payment Account.



(d) The Treasurer may by written order provide that at such time as sufficient funds shall have been deposited into the Note Payment Account to pay all remaining amounts owed under the Notes the pledge on any additional monies otherwise payable to the Note Payment Account shall be discharged and such monies shall not be deposited into the Note Payment Account or otherwise pledged toward payment of the Notes.



(e) The Treasurer may by written order provide that in the event Notes are issued pursuant to Article III, amounts which would otherwise be included in the Note Payment Account or the Note Reserve Account (or any sub-account therein for a particular series of Notes) shall not include any amounts received by the County prior to the latest maturity date of any series of Notes previously issued under Article II and/or Article III.



705. Limited Tax General Obligation and Pledge.



(a) The Notes shall be the general obligation of the County, backed by the County's full faith and credit, the County's tax obligation (within applicable constitutional and statutory limits) and the County's general funds. The County budget shall provide that if the pledged monies are not collected in sufficient amounts to meet the payments of the principal and interest due on the Notes, the County, before paying any other budgeted amounts, shall promptly advance from its general funds sufficient monies to pay such principal and interest.

(b) In addition, the monies listed below are pledged to the repayment of the Notes and, subject to Section 901, shall be used solely for repayment of the Notes until the principal of, premium, if any, and interest on the Notes are paid in full:



(i) All amounts deposited or earned in any Project Account, until disbursed in accordance with Section 701;



(ii) All net proceeds from the sale of the Notes deposited or earned in the Tax Payment Account, until disbursed in accordance with Section 702;



(iii) All amounts deposited in the Note Payment Account pursuant to Section 704(a);



(iv) All amounts deposited in the Note Reserve Account;



(v) All amounts earned from the investment of monies held in the Note Payment Account or the Note Reserve Account; and



(vi) Any supplemental monies placed in the Note Payment Account and drawn in the discretion of the Treasurer from unpledged sums in the revolving funds which pledge shall be subject to such limitations or exceptions as shall be set forth in the written order of the Treasurer.

(c) If the Notes shall be issued in various series pursuant to Article V, this pledge shall in the case of any independently secured series extend only to monies in accounts or sub-accounts pertaining to the particular series.



(d) If the amounts so pledged are not sufficient to pay the principal and interest when due, the County shall pay the same from its general funds or other available sources. Pursuant to written order of the Treasurer, the County may later reimburse itself for such payments from the Delinquent Taxes collected.



706. Security for Renewal, Refunding or Advance Refunding Notes. Renewal, refunding, or advance refunding Notes shall be secured by all or any portion of the same security securing the Notes being renewed, refunded or advance refunded. The monies pledged in Section 705 for the repayment of the Notes are also pledged for the repayment of the principal of, premium, if any, and interest on any renewal, refunding, or advance refunding Notes issued pursuant to this Resolution, and any such renewal, refunding, or advance refunding Notes shall be the general obligation of the County, backed by its full faith and credit, which shall include the tax obligation of the County, within applicable constitutional and statutory limits.



707. Use of Funds after Full Payment or Provision for Payment. After all principal of, premium, if any, and interest on the Notes have been paid in full or provision made therefor by investments of pledged amounts in direct noncallable obligations of the United States of America in amounts and with maturities sufficient to pay all such principal, premium, if any, and interest when due, any further collection of Delinquent Taxes and all excess monies in any fund or account of the Revolving Fund, and any interest or income on any such amounts, may, pursuant to written order of the Treasurer and subject to Article V, be used for any proper purpose within the Revolving Fund including the securing of subsequent issues of notes.



VIII.

SUPPLEMENTAL AGREEMENTS



801. Supplemental Agreements and Documents. The Treasurer, on behalf of the County, is authorized to enter into any or all of the following agreements or commitments as may, in the Treasurer's discretion, be necessary, desirable or beneficial in connection with the issuance of the Notes, upon such terms and conditions as the Treasurer may determine appropriate:



(a) A letter of credit, line of credit, repurchase agreement, note insurance, or similar instrument, providing backup liquidity and/or credit support for the Notes;



(b) A reimbursement agreement, revolving credit agreement, revolving credit note, or similar instrument, setting forth repayments of and security for amounts drawn under the letter of credit, line of credit, repurchase agreement or similar instrument;



(c) A marketing, remarketing, placement, authenticating, paying or tender agent agreement or dealer agreement designating a marketing, remarketing, authenticating, paying, tender or placement agent or dealer and prescribing the duties of such person or persons with respect to the Notes; and



(d) A put agreement or provision allowing the purchaser of the Notes to require the County to repurchase the Notes upon demand at such times as may be provided in such put agreement or provision.



(e) An agreement to use amounts formerly pledged to other years borrowings as security for the Notes when no longer so pledged.



802. Revolving Credit Notes. If the Treasurer enters into a revolving credit agreement (the "Agreement") pursuant to Section 801 above, the Agreement may call for the issuance of one or more revolving credit notes (the "Revolving Credit Notes") for the purpose of renewing all or part of maturing Notes or Notes that have been put pursuant to a put agreement or provision. Such Revolving Credit Notes shall be issued pursuant to Article II or III, as appropriate, and in accordance with the following provisions:



(a) Interest on the Revolving Credit Notes may be payable on maturity, on prior redemption, monthly, bimonthly, quarterly, or as otherwise provided in the Agreement.



(b) The Revolving Credit Notes may mature on one or more date or dates not later than the final maturity date of the Notes, as provided in the Agreement.



(c) The Treasurer may, at the time of the original issuance of the Notes, execute and deliver one Revolving Credit Note in a maximum principal amount not exceeding the lending commitment under the Agreement from time to time in force (and may substitute one such Note in a lesser principal amount for another in the event the lending commitment is reduced), provided that a schedule shall be attached to such Note on which loans and repayments of principal and interest are evidenced and further provided that the making of a loan and the evidencing of such loan on the schedule of any such Note shall constitute the issuance of a renewal Note for the purposes of this Resolution.



IX.

MISCELLANEOUS PROVISIONS



901. Expenses. Expenses incurred in connection with the Notes shall be paid from the property tax administration fees collected on the Delinquent Taxes and, if so ordered by the Treasurer, from any earnings on the proceeds of the offering or from other monies available to the County.



902. Bond Counsel. The Notes (and any renewal, refunding or advance refunding Notes) shall be delivered with the unqualified opinion of Axe & Ecklund, P.C., attorneys of Grosse Pointe Farms, Michigan, bond counsel chosen by the Treasurer, which selection may, at the option of the Treasurer, be for one or more years.



903. Financial Consultants. Stauder Barch & Associates, Inc., Ann Arbor, Michigan, is hereby retained to act as financial consultant and advisor to the County in connection with the sale and delivery of the Bonds.



904. Complete Records. The Treasurer shall keep full and complete records of all deposits to and withdrawals from each of the funds and accounts in the Revolving Fund and any account or sub-account created

pursuant to this Resolution and of all other transactions relating to such funds, accounts and sub-accounts, including investments of money in, and gain derived from, such funds and accounts.



905. Chargebacks. If, by the date which is three months prior to the final maturity date of the Notes, sufficient monies are not on deposit in the Note Payment Account and the Note Reserve Account to pay all principal of and interest on the Notes when due, Delinquent Taxes not then paid or recovered at or prior to the latest tax sale transacted two or more months before the final maturity of the Notes shall, if necessary to ensure full and timely payment on the date of final maturity, be charged back to the local units in such fashion as the Treasurer may determine, and, subject to Article V, the proceeds of such chargebacks shall be deposited into the County's 2004 Note Payment Account no later than five weeks prior to the final maturity of the Notes. This Section 905 shall not be construed to limit the authority of the Treasurer under State law to charge back under other circumstances or at other times.



906. Investments. The Treasurer is authorized to invest all monies in the Project Account, in the Revolving Fund or in any account or sub-account therein which is established pursuant to this Resolution in any one or more of the investments authorized as lawful investments for counties under Act No. 20, Public Acts of 1943, as amended. The Treasurer is further authorized to enter into a contract on behalf of the County under the Surplus Funds Investment Pool Act, Act No. 367, Michigan Public Acts of 1982, as amended, and to invest in any investment pool created thereby monies held in the Project Account, in the Revolving Fund, or in any account or sub-account therein which is established pursuant to this Resolution.



907. Mutilated, Lost, Stolen or Destroyed Notes. In the event any Note is mutilated, lost, stolen, or destroyed, the Treasurer may, on behalf of the County, execute and deliver, or order the Registrar or Paying Agent to authenticate and deliver, a new Note having a number not then outstanding, of like date, maturity and denomination as that mutilated, lost, stolen or destroyed. In the case of a mutilated Note, a replacement Note shall not be delivered unless and until such mutilated Note is surrendered to the Treasurer or the Registrar or Paying Agent. In the case of a lost, stolen, or destroyed Note, a replacement Note shall not be delivered unless and until the Treasurer and the Registrar or Paying Agent shall have received such proof of ownership and loss and indemnity as they determine to be sufficient.

ARTICLE X.

TAX-EXEMPT NOTES OR REFUNDING



1001. Refunding of Taxable Debt or Issuance of Tax-Exempt Debt. The County acknowledges that the current state of Federal law precludes the issuance of the Notes as obligations the interest on which is exempt from Federal income tax. However, the County presently contemplates either that anticipated amendments to the Internal Revenue Code of 1986 (the "Code") and/or the Treasury Regulations issued thereunder (the "Regulations") or a change in Michigan law changing the character of the Notes may in the future permit the issuance of general obligation limited tax notes on a tax-exempt basis, and, in view of this expectation, the County, through the offices of the Treasurer, shall issue tax-exempt notes or issue obligations to refund any or all outstanding Notes issued as taxable obligations, at the time, on the terms, and to the extent set forth in this Article X.



1002. Timing of Refunding. The aforementioned refunding obligations (the "Refunding Notes") shall be issued after the effective date of any change in the Code, Regulations, Internal Revenue Service pronouncements or judicial rulings which, as confirmed by the written opinion of bond counsel, permit the refunding of all or some of the outstanding Notes with proceeds from obligations the interest on which is excluded from gross income for purposes of Federal income tax.



1003. Extent of Refunding. Subject to the other provisions of this Section 1003, the Refunding Notes shall refund all Notes outstanding at or after the effective date of any change in the law described in Section 1002. This Section 1003 shall not, however, be construed to require the refunding of any Note prior to the time such Note may be refunded on a tax-exempt basis, nor shall this Section 1003 be construed to require the refunding of any Note, if that refunding would result in greater cost to the County (including interest expense, professional fees and administrative outlays) than would arise if the Note were to remain outstanding.



1004. Confirmatory Action. Subsequent to any change in the law described in Section 1002, the Board shall convene to consider any terms of the Refunding Notes requiring specific ratification by the Board.



1005. Arbitrary Covenant and Tax Law Compliance. In the event tax-exempt Notes or Refunding Notes are issued pursuant to this Article X, the following covenants shall be observed by the County:



(i) the County will make no use of the proceeds of the Notes or Refunding Notes and will undertake no other intentional act with respect to the Notes or Refunding Notes which, if such use or act had been reasonably expected on the date of issuance of the Notes or Refunding Notes or if such use or act were intentionally made or undertaken after the date of issuance of the Notes or Refunding Notes, would cause the Notes or Refunding Notes to be "arbitrary bonds," as defined in Section 148 of the Internal Revenue Code of 1986, as amended (the "Code"), in the Regulations promulgated under Sections 103 and 148 of the Code or in any successor or supplementary provision of law hereinafter promulgated,



(ii) the County will undertake all actions as shall be necessary to maintain the Notes or Refunding Notes as obligations the interest on which qualifies for the tax exemption provided by Section 103(a) of the Code, including, where appropriate and without limitation, filing informational returns with the Secretary of Treasury, keeping accurate account of all monies earned in any fund, account or sub-account authorized by this Resolution or any resolution adopted in accordance with Section 1004 above, certifying cumulative cash flow deficits of the County and the local units, and investing any required portion of the gross proceeds of the Notes or Refunding

Notes, whether on behalf of the County or the local units, in tax-exempt obligations or State and Local Government Series obligations, and



(iii) the County will make timely payment to the United States of any investment earnings, realized by the County on the gross proceeds of the Notes or Refunding Notes, as may be subject to rebate under Section 148(f) of the Code, and, to the extent required under applicable law or deemed by the Treasurer to be in the best interest of the County pursuant to written order, the County's obligation to make such payment to the United States shall also account for excess investment earnings realized by local units on all or a portion of the gross proceeds distributed to, and held by, the local units pursuant to Section 702.



(iv) the Treasurer shall be directed to take such actions and to enter into such agreements and certifications, on behalf of the County, as the Treasurer shall deem necessary or appropriate to comply with the foregoing covenants.



1006. Undertaking to Provide Continuing Disclosure. If necessary, this Board of Commissioners, for and on behalf of the County of Ingham, hereby covenants and agrees, for the benefit of the beneficial owners of the Notes to be issued by the County, to enter into a written undertaking (the "Undertaking") required by Rule 15c2-12 promulgated by the Securities and Exchange Commission pursuant to the Securities and Exchange Act of 1934 (the "Rule") to provide continuing disclosure of certain financial information and operating data and timely notices of the occurrence of certain events in accordance with the Rule. The Undertaking shall be substantially in the form as approved by the Underwriter of the Notes. The Undertaking shall be enforceable by the beneficial owners of Notes or by the Underwriter on behalf of such beneficial owners (provided that the Underwriter's right to enforce the provisions of the Undertaking shall be limited to a right to obtain specific enforcement of the County's obligations hereunder and under the Undertaking), and any failure by the County to comply with the provisions of the Undertaking shall not be deemed a default with respect to the Notes.



The County Treasurer or other officer of the County charged with the responsibility for issuing the Notes shall provide a Continuing Disclosure Certificate for inclusion in the transcript of proceedings, setting forth the terms of the County's Undertaking.



After consideration of the borrowing resolution presented earlier this day with regard to Act 206 of the Public Acts of 1893, as amended ("Act 206"), and in respect of such borrowing resolution, the resolution set forth below was offered by Commissioner Lynch and seconded by Commissioner Dedden.



FINANCE: Yeas: Lynch, Grebner, Dedden, De Leon, Thomas

Nays: None Absent: Minter Approved 4/7/04



Moved by Commissioner Lynch, supported by Commissioner Dedden to adopt the resolution. Motion carried on a unanimous roll call vote. Absent: Commissioners Hertel and Schafer.



The following resolution was introduced by the Finance Committee:



RESOLUTION AUTHORIZING 2004 ADMINISTRATIVE FUND



RESOLUTION #04-105



A regular meeting of the Board of Commissioners of the County of Ingham, Michigan (the "County"), was held in Mason, Michigan, on April 13, 2003. The following Commissioners were



PRESENT: Celentino, Dedden, De Leon, Grebner, Holman, Lynch, Nevin, Schor, Severino, Stid, Swope, Thomas, Weatherwax-Grant

ABSENT: Hertel, Schafer



RESOLUTION AUTHORIZING 2004 ADMINISTRATIVE FUND



IT IS RESOLVED BY THE INGHAM COUNTY BOARD OF COMMISSIONERS AS FOLLOWS:



The County Treasurer, pursuant to Section 87c, Subsection (2), of Act 206, is designated as Agent for the County, and the Treasurer's office shall receive all such sums as are provided in Section 87c, Subsection (3), to cover administrative expenses so long as Treasurer waives right to receive such sums as would be payable to his under Section 87c, Subsection (3).



Discussion followed. A vote was thereupon taken on the foregoing resolution and the vote for each such resolution was as follows:



AYES: Celentino, Dedden, De Leon, Grebner, Holman, Lynch, Nevin, Schor, Severino, Stid, Swope, Thomas, Weatherwax-Grant

NAYS: None

ABSTAIN: None

A sufficient majority having voted therefor, the two resolutions appearing above were adopted.

STATE OF MICHIGAN

COUNTY OF INGHAM



I certify that the foregoing is a true and accurate copy of the resolutions adopted by the Ingham County Board of Commissioners, that such resolutions were duly adopted at a regular meeting held on the 13th day of April, 2004, and that notice of such meeting was given as required by law.



Mike Bryanton

Ingham County Clerk

[SEAL]



FINANCE: Yeas: Lynch, Grebner, Dedden, De Leon, Thomas

Nays: None Absent: Minter Approved 4/7/04



Moved by Commissioner Lynch, supported by Commissioner Dedden to adopt the resolution. Motion carried on a unanimous roll call vote. Absent: Commissioners Hertel and Schafer.



The following resolution was introduced by the Finance Committee:



RESOLUTION AUTHORIZING ADJUSTMENTS TO THE 2004 INGHAM COUNTY BUDGET



RESOLUTION #04-106



WHEREAS, the Board of Commissioners adopted the 2004 Budget on October 28, 2003 and has authorized certain amendments since that time, and it is now necessary to make some adjustments as a result of updated revenue and expenditure projections, fund transfers, reappropriations, accounting and contractual changes, errors and omissions, and additional appropriation needs; and



WHEREAS, the Liaison Committees and the Finance Committee have reviewed the proposed budget adjustments prepared by the Controller's staff and have made adjustments where necessary; and



WHEREAS, Public Act 621 of 1978 requires that local units of government maintain a balanced budget and periodically adjust the budget to reflect revised revenue and expenditure levels.



THEREFORE BE IT RESOLVED, that the Ingham County Board of Commissioners hereby directs the Controller to make the necessary transfers to adjust revenues and expenditures in the following funds, according to the attached schedules:



2004 BUDGET PROPOSED PROPOSED

FUND DESCRIPTION 03/01/04 CHANGES BUDGET



101* General Fund $66,632,201 $131,781 $66,763,982

215 Friend of the Court 4,693,444 0 4,693,444

230 Hotel/Motel 1,800,000 31,261 1,831,261

245 Public Improvement 1,117,951 235,604 1,353,555

265 Drug Law Enforcement 15,000 46,087 61,087

267 Community Corrections 1,619,687 24,600 1,644,287

285 Justice Training Grant 29,000 821 29,821

292 Family Division - Child Care 8,212,237 43,461 8,255,698

561 Fair 1,156,050 31,261 1,187,311

636 MIS Fund 2,073,736 6,500 2,080,236

664 Mach. & Equip. Revolving 450,669 170,125 620,794

675 Telephone 627,556 10,922 638,478



* Does not include funds associated with the sale of Ingham Medical Center.



BE IT FURTHER RESOLVED, that as a result of the Village of Stockbridge reducing its contract with Ingham County for police services from 80 to 40 hours per week, a vacant road patrol deputy is eliminated.



FINANCE: Yeas: Lynch, Grebner, Dedden, Thomas

Nays: None Absent: Minter, De Leon Approved 4/7/04



GENERAL FUND REVENUES



2004 Budget - 3/01/04 Proposed Changes 2004 Proposed Budget
Tax Revenues
County Property Tax 38,863,360 38,863,360
Property Tax Adjustments (150,000) (150,000)
Delinquent Real Property Tax 10,000 10,000
Unpaid Personally Property Tax 25,000 25,000
PILT/IFT/CFT 475,000 475,000
Trailer Fee Tax 22,000 22,000
Intergovernmental Transfers
Single Business Tax 793,910 793,910
State Revenue Sharing 4,402,192 4,402,192
Convention/Tourism Tax - Liquor 1,350,947 1,350,947
Health and Safety Fund 230,000 230,000
Use of Fund Balance 9,583 204,541 214,124
Department Generated Revenue
Animal Control 324,600 324,600
Circuit Court - Family Division 357,878 357,878
Circuit Court - Friend of the Court 201,306 201,306
Circuit Crt - General Trial 1,439,343 1,439,343
Cooperative Extension 161,247 161,247
County Clerk 405,830 405,830
District Court 2,209,997 2,209,997
Drain Commissioner/Drain Tax 337,000 337,000
Economic Development 70,865 70,865
Elections 15,370 15,370
Emergency Operations 43,000 43,000
Equalization /Tax Services 30,800 30,800
Probate Court 277,178 277,178
Prosecuting Attorney 710,997 710,997
Purchasing 8,706 8,706
Register of Deeds 2,508,102 2,508,102
Remonumentation Grant 88,241 88,241
Sheriff 5,590,799 (72,760) 5,518,039
Treasurer 5,645,814 5,645,814
Tri-County Regional Planning 37,272 37,272
Veteran Affairs 135,864 135,864
Total General Fund Revenues 66,632,201 131,781 66,763,982


GENERAL FUND EXPENDITURES



2004 Budget - 3/01/04 Proposed Changes 2004 Proposed Budget
Board of Commissioners 469,264 469,264
Circuit Court - General Trial 6,148,874 6,148,874
District Court 1,823,206 1,823,206
Circuit Court - Friend of the Court 449,942 449,942
Jury Board 1,208 1,208
Probate Court 1,262,387 228 1,262,615
Circuit Court - Family Division 6,132,911 6,132,911
Jury Selection 65,724 65,724
Elections 254,734 254,734
Financial Services 583,181 583,181
County Attorney 385,890 385,890
County Clerk 704,956 704,956
Controller 798,010 14,850 812,860
Equalization/Tax Services 662,879 6,987 669,866
Human Resources 681,063 681,063
Prosecuting Attorney 5,215,462 5,215,462
Purchasing 246,368 246,368
Facilities 1,415,709 1,415,709
Register of Deeds 675,827 675,827
Remonumentation Grant 88,241 88,241
Treasurer 610,554 25,000 635,554
Drain Commissioner 819,254 819,254
Economic Development 149,977 149,977
Community Agencies 199,371 84 199,455
Women's Commission 500 500
Environmental Affairs Comm 500 500
AC Shelter Advisory Board 500 500
FOC Advisory Committee 2,000 2,000
Historical Commission 500 500
Tri-County Regional Planning 62,120 62,120
Jail Maintenance 197,255 197,255
Sheriff 18,457,878 (44,031) 18,413,847
Community Corrections 90,231 90,231
Animal Control 1,156,867 18,633 1,175,500
Emergency Operations 152,652 41,096 193,748
Board of Public Works 950 950
Drain Tax at Large 117,000 117,000
Health Department 7,813,782 7,813,782
Medical Examiner 242,429 242,429
Substance Abuse 679,208 679,208
Community Mental Health 1,837,524 1,837,524
Family Independence Agency 922,891 922,891
Tri-County Aging 68,895 68,895
Veterans Affairs 318,197 318,197
Cooperative Extension 794,232 794,232
Parks and Recreation 1,754,360 1,754,360
Contingency Reserves 163,343 163,343
Capital Area Rail Council 2,350 2,350
Capital Improvements 1,951,045 68,934 2,019,979
Total General Fund Expenditures 66,632,201 131,781 66,763,982


General Fund Revenues



Sheriff Increase insurance recovery revenue $10,250. Funds will be used for vehicle replacements. Reduce revenue $83,010 due to reduction in Stockbridge Police Services contract from 80 to 40 hours per week.



Use of Fund Balance Increase use of fund balance $204,541 for various reappropriations.



General Fund Expenditures



District Court Transfer $3,000 from temporary salaries to trial court appointed attorneys to raise court appointed attorney contract from $1,000 to $1,250 per month (additional funds will come from visiting judges budget per line item transfer).



Circuit Crt/Family Div Transfer $11,826 from general fund supplies budget to child care fund supplies budget. This will more accurately reflect the cost of each activity, and leverage additional child care fund money.



Probate Court Carry over $228 in unspent funds for Boundary Commission, authorized by Resolution 03-314. Transfer $15,000 from permanent salaries to temporary salaries. Funds are available due to employee turnover, and will assist the court in catching up backlog of work.



Controller Reappropriate $14,850 in unspent funds for Center for Criminal Justice Research contract, authorized by Resolution 03-118.



Equalization Reappropriate $6,987 in unspent funds for tax mapping included in 2003 budget.



Treasurer Reappropriate $25,000 in unspent funds for accommodation audits, authorized by Resolution 03-110.



Equal Opportunity Comm. Reappropriate $84 in unspent funds from 2003 budget.



Em Ops/HAZMAT Reappropriate $41,096 in unspent Hazmat funds.

Sheriff Reappropriate $2,409 in unspent funds for Interagency Task Force, authorized by Resolution 03-217. Reappropriate $20,308 in grant match for the 2002 Cops More grant authorized by Resolution 02-275. Reappropriate $1,790 in unspent D.A.R.E. donation funds. Reappropriate $4,222 in unspent victim advocacy grant funds. Increase vehicle budget $10,250, to be paid for from insurance recovery revenue. Reduce costs associated with Stockbridge police services contract $83,010, as contract was reduced from 80 to 40 hours per week. One vacant road patrol deputy is eliminated.



Animal Control Reappropriate $14,933 for a vehicle ordered in 2003, but delivered in 2004. Reappropriate $3,700 in unspent training funds to send new animal control officer to police academy training.



Capital Improvements Reappropriate $36,152 for video arraignment project, $1,597 for stock lock parts at jail, $1,185 for county-wide asbestos removal, and $30,000 for fire alarm system at jail.



Non-General Fund Adjustments

Friend of the Court Reduce salary budget due to attrition. Transfer

F215 excess funds to Michigan Works! grant. Additional matching funds are required to cover lower than anticipated grant revenues ($5,000).

Hotel/Motel Reappropriate unspent hotel/motel funds

F230 from 2003 CIP Budget for building

repair and maintenance ($2,949) and surfacing and landscaping ($28,312) at the Fair.

Public Improvement Reappropriate funds for the following

F245 capital improvement projects: $30,000 for fire alarm system at jail per 1997 CIP budget, $10,379 for county-wide floor replacement and $15,000 for jail heater covers per 1999 CIP budget, $36,152 for video arraignment project per 2000 CIP budget, $7,000 to repair monument at Mason Courthouse and $12,553 for Circuit Court file storage project per 2001 CIP budget, $30,000 to replace heating units at the jail, $5,000 for stainless steel doors at the Jail, and $20,000 for a token gate at the GPB/VMC Visitors lot per the 2002 CIP budget, $15,000 for lock replacements at jail, $8,174 to repair Animal Control garage walls, $1,597 for stock lock parts at the jail, $8,000 for jail and District Court parking lot lights, $6,000 for county-wide asbestos removal, and $30,749 for county-wide parking lot repairs per 2003 CIP budget.



Drug Law Enforcement Reappropriate unspent Sheriff drug

F265 forfeiture funds ($46,087).



Community Corrections Increase revenue from $1 surcharge fee.

F267 Increase expenses for increased rental cost at new location. ($24,600).



Justice Training Grant Reappropriate previous years' unspent

F285 Act 302 training funds. ($821).



Family Division Child Care Reappropriate unspent funds from

F292 Thoman Foundation Grant. ($19,809) Increase supplies budget $23,652. 50% of funding will come from a transfer from the Family Division general fund budget, and 50% will come from the state child care fund.

Fair Reappropriate unspent hotel/motel funds

F561 from 2003 CIP Budget for building repair and maintenance ($2,949) and surfacing and landscaping ($28,312).

MIS Increase revenues and expenditures to replace

F636 technician laptops ($6,500).



Equipment Revolving Increase CIP upgrade funds to purchase:

F664 one laptop for Cooperative Extension ($2,700), two PCs and one monitor for Probate Court ($1,800), 17 PCs and 18 monitors for Register of Deeds ($25,722 - $8,556 of this amount carried over from 2003), 7 PCs and monitors ($7,180 - $4,097 of this amount carried over from 2003), one laptop ($1,431) and one printer ($1,448) for the Clerk, 11 PCs and monitors for Adult Probation ($11,368), one printer ($1,272) and 12 PCs and monitors ($12,600) for the Sheriff, one PC and monitor for Board of Commissioners ($1,050), one laptop ($1,440) and one PC and monitor ($1,033) for Prosecuting Attorney, and one PC and monitor for Facilities ($1,050). Reappropriate funds for the following capital improvements projects: $10,390 for video recording equipment in the Board of Commissioners room per Resolution 03-288, $55,630 for Register of Deeds microfilm conversion per 2002 CIP Budget, $6,511 for Emergency Operations information technology improvements, $4,000 for microfilm camera replacement and $6,000 for scanner replacement for Probate Court, and $17,500 for Drain Office furniture replacement per 2003 CIP budget.

Telephone Fund Increase revenues and expenditures to

F675 replace one PC, laptop and software for the call accounting phone system ($10,922).



Moved by Commissioner Lynch, supported by Commissioner Dedden to adopt the resolution. Motion carried on a unanimous roll call vote. Absent: Commissioners Hertel and Schafer.



The following resolution was introduced by the Human Services Committee:



RESOLUTION HONORING LINDA KEEFE



RESOLUTION #04-107



WHEREAS, Linda Keefe has been a member of the Clinton-Eaton-Ingham Community Mental Health Board of Directors since January of 1998; and



WHEREAS, in her role as a member of the Community Mental Health Board of Directors, Linda has been instrumental in helping them work through difficult financial times while keeping their focus on their calling - that of serving the residents of the tri-county community; and



WHEREAS, she continually kept Community Mental Health in touch with the impact of their actions and decisions on the most vulnerable citizens in our community; and



WHEREAS, her support for Community Mental Health employees and the difficult work that they do has been critical to keeping morale strong during difficult times; and



WHEREAS, her ability to see the commonality in the stances of management, labor, and consumers helped Community Mental Health fashion an approach to operating with reduced resources that fostered a stronger Community Mental Health and a stronger community; and



WHEREAS, Linda's calm, level-headed approach to difficult, complex, and potentially divisive issues has been critical to sound decision making by the Community Mental Health Board of Directors.

THEREFORE BE IT RESOLVED, that the Ingham County Board of Commissioners hereby honors Linda Keefe for her years of service as a member of the Clinton-Eaton-Ingham Community Mental Health Board of Directors and for her contributions to the citizens of the tri-county area.



BE IT FURTHER RESOLVED, that the Board wishes her continued success in all of her future endeavors.



HUMAN SERVICES: Yeas: Hertel, Dedden Weatherwax-Grant, Schor, Severino, Nevin

Nays: None Absent: None Approved 4/5/04



Adopted as part of the consent agenda.



The following resolution was introduced by the Human Services, County Services and Finance Committees:



RESOLUTION TO AUTHORIZE A FIVE-YEAR LEASE FOR THE

LESLIE COMMUNITY HEALTH CENTER



RESOLUTION #04-108



WHEREAS, Ingham County operates a community health center at 100 S. Main Street in Leslie; and



WHEREAS, the five-year lease agreement for that site expires on April 30, 2004; and



WHEREAS, the owner, Mr. John Stewart, has offered a new five-year lease at the rate of $650 per month; and



WHEREAS, the Health Officer has recommended that the Board of Commissioners authorize the new five-year lease agreement.



THEREFORE BE IT RESOLVED, that the Ingham County Board of Commissioners authorizes a five-year lease agreement with John W. Stewart for the use of 1,314 square feet of space at 100-B South Main Street, Leslie, Michigan.



BE IT FURTHER RESOLVED, that the period of the lease agreement shall be May 1, 2004 through April 30, 2009.



BE IT FURTHER RESOLVED, that Ingham County shall pay $650 per month for the use of the space and shall be responsible for paying utilities, including heat, electricity, water, sewage costs, telephone charges, trash removal and all janitorial costs arising out of the occupation and use of the premises.



BE IT FURTHER RESOLVED, that the owner shall be responsible for maintaining the premises and all common areas in good repair, including the heating and cooling systems, electrical, plumbing, sewage, carpets and shall clean all common areas.



BE IT FURTHER RESOLVED, that the Board Chairperson is authorized to sign the lease agreement after review by the County Attorney.



HUMAN SERVICES: Yeas: Hertel, Dedden Weatherwax-Grant, Schor, Severino, Nevin

Nays: None Absent: None Approved 4/5/04



COUNTY SERVICES: Yeas: Swope, Thomas, De Leon, Hertel, Severino, Nevin

Nays: None Absent: None Approved 4/6/04



FINANCE: Yeas: Lynch, Grebner, Dedden, De Leon, Thomas

Nays: