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Wayne County committee backs pledge for North Branch Big Swan Creek intercounty drain bonds
Summary
Wayne County—ommittee on Public Services approved a resolution pledging limited-tax full faith and credit for North Branch Big Swan Creek Intercounty Drain 2025 bonds, with updated apportionments and lower dollar amounts after bids came in.
The Wayne County Commission—ommittee on Public Services approved a resolution pledging limited-tax full faith and credit for drainage bonds issued by the North Branch Big Swan Creek Intercounty Drainage District.
The resolution authorizes Wayne County s part of an intercounty drainage district with Washtenaw and Monroe counties to pledge its limited-tax full faith and credit for its share of bonds to pay for a multi-county drain improvement project. The committee approved the measure as part of a bundled motion covering items 1 through 11.
Under Michigan rain law, the intercounty drainage board receives petitions for major projects and may propose issuance of drainage…
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