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Shiawassee County board consents to Wheeler Intercounty Drain bonds, pledges limited tax credit up to apportioned share
Summary
The Shiawassee County Board of Commissioners adopted Resolution 25-01-01 consenting to up to $920,000 in Wheeler Intercounty Drain Bonds and pledging the county's limited tax full faith and credit to the extent of assessments apportioned to Shiawassee County; the resolution requires Genesee County to adopt a substantially similar pledge to take effect.
The Shiawassee County Board of Commissioners on Jan. 15 adopted Resolution 25-01-01 consenting to the issuance of Wheeler Intercounty Drain Bonds, Series 2025, in an amount not to exceed $920,000 and pledging the county’s limited tax full faith and credit to the extent of special assessments apportioned to Shiawassee County.
Assistant Prosecutor John Ryan presented the item as the board considered the Drainage Board’s plan to finance improvements to the Wheeler…
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