255 of 1978 - Commercial Redevelopment Act (207.651 - 207.668)

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  2. Michigan Compiled Laws
  3. Taxation
  4. 255 of 1978 - Commercial Redevelopment Act (207.651 - 207.668)

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Section
207.651

Short Title.

Section
207.652

Meanings of Words and Phrases.

Section
207.653

Meanings of Words and Phrases.

Section
207.654

Definitions; L to T.

Section
207.655

Commercial Redevelopment District; Establishment; Resolution; Notice; Hearing; Finding and Determination; Applicability of District Established by Township; Exemption of Restored Facility; Commercial Property Included as Part of Commercial Redevelopment District Also Part of Tax Increment District.

Section
207.656

Application for Commercial Facilities Exemption Certificate; Filing; Contents; Notice; Hearing; Determination of State Equalized Valuation of Property Owned by Local Governmental Unit on June 21, 1978, and Subsequently Conveyed to Private Owner and Zoned Commercial.

Section
207.657

Application for Commercial Facilities Exemption Certificate; Approval or Disapproval.

Section
207.658

Commercial Facilities Exemption Certificate; Issuance; Contents; Effective Date; Filing; Record.

Section
207.659

Exemption From Ad Valorem Property Taxes; Duration of Certificate; Review and Extension of Certificate; Limitation; Date of Issuance of Certificate of Occupancy; Basis of Review.

Section
207.660

Finding and Statement as to State Equalized Valuation of Property Proposed to Be Exempt; Requirements for Exemption Certificate.

Section
207.661

Valuation of Facilities and Property by Assessor.

Section
207.662

Commercial Facilities Tax; Levy; Amount; Collection, Disbursement, and Assessment of Tax; Allocation; Payment to State Treasury and Credit to State School Aid Fund; Copy of Amount of Disbursement; Facility Located in Renaissance Zone; “Casino” Defined.

Section
207.662a

Reduction in Number of Mills Levied Under State Education Tax Act; Limitation on Number of Exclusions.

Section
207.663

Tax as Lien Upon Real Property; Certificate of Nonpayment and Affidavit Required for Proceedings Upon Lien.

Section
207.664

Grounds for Revocation of Exemption.

Section
207.665

Transfer or Assignment of Certificate; Approval; Notice and Hearing.

Section
207.666

Report on Status of Exemption.

Section
207.667

Report on Utilization of Commercial Redevelopment Districts; Economic Analysis of Costs and Benefits.

Section
207.668

Limitation on New Exemptions; Continuation of Exemption.