Joseph Fielek

1:30PM FYI — the only reference to Treasury is on page 4 of the request letter as indicated below: With input from the Department of Treasury, MDTED assessed that the most significant immediate negative impact will be the economic effects of such things as decreased property values, lost business activity (new businesses will not move to Flint and existing businesses that rely on clean water, such as restaurants, will be hurt), lost employment, population loss (renters will leave the city). Residents and businesses will also have to pay extra for bottled water, so the extra spending on water will take away from other spending. It is relatively easy for residents to move some of their economic/spending activity outside the city, so the Flint economy will be hurt. These impacts will create an economic downturn in Flint. In terms of personal income losses, a three to four percent loss in nominal personal income in the City of Flint seems a reasonable estimate, which would equal a negative impact of $85 million to $115 million per year in lost economic activity. Long-term, there will be the significant cost of a new water system. Direct health related costs, estimated by MDHHS, are in addition to this estimate. So | would say for the most part we have no other comment to make regarding this correspondence.

Importance: High All: | received the attached documents from MSP EMHSD a few minutes ago. Treasury needs to review and approve the two documents: 1) the letter to President Obama and 2) an associated FEMA request form before they sent to the Governor's office for final review and editing. The approval is needed based on information provided by the Michigan Department of Treasury on page 4 of the Declaration Request Cover Letter attached. Can any of you tell me who should approve this? This has been promised to the Governor by early afternoon, our approval needs to be returned to Tony Katarsky by no later than 1:30 PM today. Please let me know or call me at 517- SMMEF discuss. Thanks, Ann Luepnitz Manager Facility, Mail, and Data Operations xxxEND_PAGE:treasury01_b40_7317_7621_143 Phone: 517-636-5335 Cell: 517-410-3275 Fax: 517-322-1631

All: | attended the briefing at the SEOC regarding the Flint Water Crisis, Randy Byrne also attended. The briefing included a lot of details regarding actions already taken by the City, County, and State and to establish the resources necessary to move forward to get the issue fixed. MSP-EMHSD has taken the lead along with several other state agency EMC and PlO’s, at this time Treasury is not part of the incident command plans but they will call on us if needed. After the meeting, Randy Byrnes informed me of the RTAB that is in place with the City of Flint and | shared with MSP, Chris Kelenske and Tony Katarsky, they appreciated having knowledge of the RTAB and feel that will work its daily course and not play at this time in the EM plan. If you have any questions let me know. Ann Luepnitz Manager Facility, Mail, and Data Operations Phone: 517-636-5335 Cell: 517-410-3275 Fax: 517-322-1631

Ok thanks for the FYI. Give us an update after the meeting. Sent from my iPhone

Please let me know when the wire actually gets launched. Thanks for your efforts.

CoB Request anproved, signed paper work will fallow.

Follow Up Flag: Follow up Flag Status: Flagged Hi all, We've received the Flint wire request from Jennifer Dingman for $4,000,000. I’ve forwarded to Joe for his approval. Once we receive his approval, we’ll process the request and send fax confirmation to Jennifer Dingman. The payment will be processed today. Feel free to contact me with questions. Thanks, Elysse Christenson, Departmental Analyst Banking and Disbursements Section Office of Financial Services Michigan Department of Treasury Ph: 517.636.5384

Importance: High ichlgan.gov> an.gov>; Acker, Hi Joe, Please provide your approval for the attached Flint wire request. | will be leaving at 2:00 today so please be sure to include my coworker Chelsea Acker on your response. Thanks, Elysse xxxEND_PAGE:executiveofficeemails19_b086_234_235_2

Agreed here. Just about getting it to Flint

I don’t know that we care that it goes thru ASC do we ?... as long as it gets done.

Ok, thanks Suzie.

Thanks for sending this Elysse.

Will do Joe. Paul McDonald wi be on this tomorrow. Sent from my iPhone

To initiate the wire request, please complete the attached form and fax it to Treasury's Office of Financial Services at (517) 636-5401. Being that this is a non-repetitive wire, we will need to obtain Joe Fielek or Tom Saxton’s approval prior to processing. In addition to the form, please provide us with a brief memo explaining the reason for the wire. Staff is available to process wires until 4:30 each day; however, being that we will need to obtain approvals on our end, we encourage you to fax the requested memo and form to us by 1:30. Feel free to contact me if you have further questions or would like assistance in completing the form. Thanks, Elysse Christenson, Departmental Analyst Banking and Disbursements Section Office of Financial Services Michigan Department of Treasury Ph: 517.636.5384 Christensone1 @michigan.gov

Yes Jim have you DEQ accounting people work with our banking people regarding initiating a wire request.

tensonks i@emichigan. gov> v>, "Workman, Wayne Byrne, Randall (Treasury)" To initiate the wire request, please complete the attached form and fax it to Treasury's Office of Financial Servicas at (517} 636-5401, Being that this is a non-repetitive wire, we will need te obtain Joe Flelek or Torn Saxton’s approval prior te: processing. In addition to the form, please provide us with a brief marno explaining the reason for the wire. Staff is available te process wires until 4:36 each day; hiwever, being that we will need to obtain approvals on our end, we encourage you to fax the requested memo and form te us by 1:30. Feel free to contact me if you have further questions or would like assistarme in completing the form. Thanks, Elysse Christenson, Departrnental Analyst Banking and Disbursements Section Office of Financial Services Michigan Departrnent of Treasury Ph: SL7636.5384 Ormchigar. gay

>; Gross, Sara (Treasury) <@ Wire approved - paperwork to follow.

gsasl@rmichivan goy> Please see attached. Thanks, Ehysse xxxEND_PAGE:deq19_b13_1016_1232_169

'y>; Gross, Sara (Treasury) <& ighigan.goy>; Ruttman, Jennifer (Treasury) <ritt y> They will be resubmitting an updated form shortly.

Thanks, lH be looking for it.

Do you know why the date on the signature line is B/21/15¢

Joe, FYI, DEQ will be requesting a non-repetitive wire transfer to the City of Flint for $2.0 million, today. We are assisting them in completing the wire transfer documents. In regards to this article. Hips www rolive corm nwe ff de P2015 state od int should fave be hind We will have the paperwork to you shortly. sara Sara Gross Banking and Disbursement Manager Office of Financial Services Department of Treasury Ph: 517-636-535 xxxEND_PAGE:deq19_b13_1016_1232_171 Michigan Department of Treasury Form 3703 (Rev, 01-11) Repetitive Wire or Non-Repetitive Wire Transfer Payment Request or Update PART A: ACTION REQUESTED (check only one) PART B: AGENCY CONTACT INFORMATION : 4. Agency Contact 2. Telephone Number Repettive iis - Jennifer Dingman (617) 335-2508 cI} Request to send payment via Repetitive wire transfer 3 Fexhumber 7. Pages Faxed (817) 373-6525 %. Date Faxed 10/19/15 6. Recelpls Processing Division Contacts | oO Add new repetitive payrnent (See note below} [| Change existing repetitive payment Cl Delete existing repetitive payment Telephone: (617)-636-5384 or (517) 636-6400 Non-Ropetitive Wire {one-time payment) Fax: (617) 636-5401 ; Request to send payment via Non-repelitive wire transfer PART C: PAYMENT Repalitive Payment - complete Parts Ct-14; Add, Change cr Delete payment— complete C1, C6-14 and Dt; Non-Repotitive Payment ~ Complete C1-14 and D1, 7. MAIN FACS Dac Agency (3 digits) 2. MAIN FAGS Document Numbar (8 characters) 2, MAIN FACS Payment Number for Wire Transfer (9 digits) 761 . x : 4, Seillement Date 6, Transfer Amount 10/19/15 $2,000,060.00 6. Receiving Bank Name ‘Receiving Bank Rouling Transit Number JPMorganGhase PPI; @. Boneficlary's Bank (80K) Name (If different from recelving bark} $, Baneficlary information (BNF} (name on ‘eccounl} City of Filnt Commercial Account i 71. Payment Dalails — Originator to Benelictary Information (OBI) and Bank to Bank information {BEI} 413, Date 44, Request wite confirmation 1019/15 R]ves [uo | Deputy Treasurers or Finandal Services Bureayy Director, required for Add, Change ar Defatton petitive ee? As (of Treasury cerilfies the payment was inllated as follows: 7. Approval of Treasury's e of repetilive payment informaiton or requesting Signature: 2, Transaclion Number Entered by s s on at amdp.m, Released by on at am/p.m, PART E: DMB CERTIFICATION OF FUNDS (f unable to sucessfully enter and post MAIN FACS document) Along ‘with this form, submit PCHL 1800 (Direct Voucher Header Entry) screen from ADPIGS or 520 (View a Balch) screen from ReSTARS to your Agettcy Accountant Lialson for OMB certification of funds. Signature | To submit payment request fo Treasury: Fax completed form, with seraen print of MAIN FACS header seraon (ADPICS Screen PCHL 4800 of R*STARS screen 520, aller approved and posted If timing altows) {o; Receipis Processing Diston, as shovm In Section 86 above. xxxEND_PAGE:deq19_b13_1016_1232_172

See attached info. Let me know if this works or not

I don’t disagree but find out what bottle dollars are around (& the flow) so we can answer the question. | told Wayne we should ‘throw out’ tobacco. This is the one time we haven’t when we have a vexing problem.

Bottle deposit or Escheats fund? Whatever the case, think you would still have the lending of the credit of the State issue. Hence why the ELB route was created, which is an “investment” on the State’s books. And for the most part if you would lend from an individual fund or just have an overall “investment” from the common cash fund, you are still trying up cash that would otherwise be available to manage. How about some sort of loan from the SRF?