ADOPTED - SEPTEMBER 28, 2010

                                                                                                                                                   Agenda Item No. 23

 

Introduced by the County Services and Finance Committees of the:

 

INGHAM COUNTY BOARD OF COMMISSIONERS

 

RESOLUTION AUTHORIZING A CONTRACT WITH MILLER, CANFIELD, PADDOCK & STONE TO PERFORM LEGAL SERVICES ON THE 2010 GRADY PORTER BONDS REFINANCING

 

RESOLUTION #10-298

 

WHEREAS, it is cost beneficial to refinance the 2002 Grady Porter Bonds; and

 

WHEREAS, a bond attorney is needed to complete this refinancing process; and

 

WHEREAS, Miller, Canfield, Paddock & Stone was the County’s bond attorney for the original bonding process and has provided a quote to perform the refinancing service at a price of $20,000.

 

THEREFORE BE IT RESOLVED, that the Ingham County Board of Commissioners approves a contact with Miller, Canfield, Paddock & Stone in the amount of $20,000, to perform legal services on the 2010 Grady Porter Bonds refinancing and that the expenditure will be paid from the bond proceeds.

 

BE IT FURTHER RESOLVED, that the Chairperson of the Ingham County Board of Commissioners and the County Clerk are authorized to sign any contract documents consistent with this resolution and approved as to form by the County Attorney.

 

COUNTY SERVICES:  Yeas:  Copedge, Celentino, Grebner, McGrain, Vickers

    Nays:  None          Absent:  Schor        Approved 9/21/10

 

FINANCE:   Yeas:  Grebner, Tennis, Holman, Dougan

      Nays:  None         Absent: Schor, Bahar-Cook    Approved 9/22/10