Title
DPS Garage be reinstated in the 2004 budget
Body
Whereas, in accordance with the provisions of Public Act 2 of 1968, Public Act 621 of 1978, the Uniform Budgeting and Accounting Act for Local Government, and the Charter for the City of Rochester Hills, Chapter III, Section 3.2, the Mayor as the Chief Executive Officer shall prepare the budget proposal for the ensuing year and shall submit it to the Council at its first meeting in August; and
Whereas, at its August 6, 2003 meeting City Council acknowledged receipt from the Mayor of the proposed 2004 Budget Plan and set a Public Hearing to be held September 3, 2003 at 7:30 p.m. to hear comments on the proposed Budget Plan; and
Be It Resolved, that the City Council of the City of Rochester Hills hereby reinstates the Department of Public Service Garage project to the Budget for 2004 in the amount of $13.0 million, the revenue of which to be generated from the future sale of the City-owned building and property at 1700 West Hamlin Road in the amount of $6.5 million and bonding in the amount of $6.5 million.