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Part 7 Water Resource Improvement Authorities (125.4702...125.4722)
Law
Michigan Compiled Laws
Planning, Housing, and Zoning
57 of 2018 - Recodified Tax Increment Financing Act (125.4101 - 125.4915)
Part 7 Water Resource Improvement Authorities (125.4702...125.4722)
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Section
125.4702
Definitions; a to M.
Section
125.4703
Definitions; O to W.
Section
125.4704
Establishment of Multiple Authorities; Powers.
Section
125.4705
Intent to Create and Provide for Operation of Authority Within Water Resource Improvement District; Resolution of Intent; Notice of Public Hearing; Adoption of Ordinance; Filing; Publication; Alteration or Amendment of Boundaries; Agreement With Adjoining Municipality.
Section
125.4706
Annexation or Consolidation.
Section
125.4707
Board; Membership; Qualifications; Terms; Appointment to Fill Vacancy; Compensation; Oath of Office; Proceedings and Rules Subject to Open Meetings Act; Meetings; Removal of Board Member; Publication of Expense Items; Availability of Financial Records; Writings Subject to Freedom of Information Act.
Section
125.4708
Director; Compensation; Service; Oath; Bond; Duties; Acting Director; Treasurer; Secretary; Legal Counsel; Duties; Other Personnel.
Section
125.4709
Participation of Employees in Municipal Retirement and Insurance Programs; Employees Not Civil Service Employees.
Section
125.4710
Board; Powers; Duties; Preparation of Water Resource Management Plan; Consultation With Certain Entities; Application for State and Federal Permits.
Section
125.4711
Authority as Instrumentality of Political Subdivision.
Section
125.4712
Financing Sources; Disposition of Money Received.
Section
125.4713
Borrowing Money and Issuing Bonds.
Section
125.4714
Borrowing Money and Issuing Bonds or Notes; Security; Pledge; Lien; Exemption of Bonds or Notes From Taxation; Municipality Not Liable on Bonds and Notes of Authority; Statement; Investment; Deposit.
Section
125.4715
Tax Increment Financing Plan; Preparation and Submission; Development Plan; Statement of Estimated Impact; Approval; Notice, Hearing, and Disclosure Provisions; Modification; Exempting Taxes From Capture; Resolution; Action of Library Board or Commission.
Section
125.4716
Transmission of Tax Increment Revenues to Authority; Expenditures; Terms; Reversion of Unused Funds; Abolishment of Plan; Conditions.
Section
125.4717
Authorization, Issuance, and Sale of Tax Increment Bonds.
Section
125.4718
Development Plan; Contents.
Section
125.4719
Development Plan or Tax Increment Financing Plan; Adoption of Ordinance; Notice of Public Hearing; Purpose of Public Hearing.
Section
125.4720
Determination of Public Purpose; Approval or Rejection of Plan; Modification; Considerations.
Section
125.4721
Operation of Authority; Budget; Review by Board; Submission to Governing Body; Adoption; Cost of Handling and Auditing Funds.
Section
125.4722
Dissolution of Authority.