To: Martin L. Cousineau, Finance Committee Chairperson
From: Jeff Wright, Drain Commissioner, Genesee County Water & Waste Services
title
RE: Notice of Intent to Sell Bonds
recommendation
BOARD ACTION REQUESTED:
Notice of Intent to Issue Revenue Bonds of the Genesee County Sewage Disposal System No. 3.
BACKGROUND:
Public Acts 342 permits counties to pledge full faith and credit backing for county improvements. Public Act 342 requires a Notice of Intent and a 45-day referendum period prior to effectuation.
DISCUSSION:
Genesee County Drain Commissioner's Office - Division of Water & Waste Services has identified $6.4 million of capital improvements required for our facilities over the next five (5) years. Projects include treatment plant improvements required to meet NDPES Permit requirements.
IMPACT ON HUMAN RESOURCES:
None
IMPACT ON BUDGET:
General Funds - None
IMPACT ON FACILITIES:
None
IMPACT ON TECHNOLOGY:
None
CONFORMITY TO COUNTY PRIORITIES:
Conformance with GCDC-WWS Master Plans.
TO THE HONORABLE CHAIRPERSON AND MEMBERS OF THE GENESEE COUNTY BOARD OF COMMISSIONERS, GENESEE COUNTY, MICHIGAN
LADIES AND GENTLEMEN:
At a regular meeting of the Board of Commissioners of the County of Genesee, Michigan, held on _____________, 2025.
PRESENT_____________________________________________________________
__________________________________________________________
ABSENT:______________________________________________________________
The following resolution was offered by ___________________ and supported by ____________________:
Resolution No. _____
A resolution authorizing publication of a notice of intent to issue revenue bonds of the Genesee County Sewage Disposal System No. 3.
WHEREAS, the County of Genesee, State of Michigan (the "County"), has previously established and is operating the Genesee County Sewage Disposal System No. 3 (the "System") pursuant to the provisions of Act 342, Public Acts of Michigan, 1939, as amended; and
WHERE...
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