PocketLaw | Michigan Compiled Laws | 554 of 2008 - Regional Convention

554 of 2008 - Regional Convention Facility Authority Act (141.1351 - 141.1379)

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Section
141.1351

Short Title.

Section
141.1353

Legislative Findings.

Section
141.1355

Definitions.

Section
141.1357

Qualified Metropolitan Area; Creation of Authority; Authority as Municipal Public Body Corporate and Politic; Powers, Duties, and Jurisdictions; Name; Transfer of Qualified Convention Facility From Qualified City to Authority; Exemption From Taxes and Special Assessments; Presumption of Validity.

Section
141.1359

Board of Directors; Membership; Qualifications; "Local Government" Defined; Terms; Vacancy; Filing of Appointment; Oath; Compensation; Individuals Prohibited From Appointment.

Section
141.1361

Board; Meeting; Election of Chairperson and Officers; Actions Requiring Unanimous Consent; Business Conducted at Public Meeting; Availability of Records and Documents to Public; System of Accounts; Annual Audit; Budget; Contracts; Use of Competitive Procurement Methods; Exceptions; Purchases; Preferences; Procedures to Monitor Performance of Contracts; Procurement Policy; Employment of Personnel; Certain Actions Prohibited; Citizens Advisory Council.

Section
141.1363

Chief Executive Officer; Appointment; Compensation; Duties; Responsibilities; Service; Powers; Bond; Certain Conduct Prohibited.

Section
141.1365

Board Member or Officer, Appointee, or Employee of Authority; Discharge of Duties; Nonpartisan; Reliance on Certain Opinions, Reports, or Statements; Adoption of Bylaws; Personal Liability; Insurance; Conflicts of Interest; Ethics Manual; Removal of Board Member From Office; Filing Financial Disclosure Statement; Rules; Interest in or Employment by Entity After Termination of Board Membership or Employment.

Section
141.1367

Authority; Powers and Duties; Levy of Tax.

Section
141.1369

Transfer of Qualified Convention Facility to Authority; Resolution Disapproving Transfer; Leasing of Qualified Convention Facility to Authority; Lease Requirements; Actions to Occur on Transfer Date; Duties and Obligations of Authority; Certain Contracts, Agreements, Conveyances, Rights, Obligations, or Liabilities as Voidable; Cancellation or Termination of Agreement to Which Local Government Is Party; Reversion; Agreement to Make Capital Improvements.

Section
141.1371

Transfer of Employees to Authority; Reassignment of Employees Within Local Government; Representation; Rights and Benefits; Effect of Transfer on Pension Benefits or Credits.

Section
141.1373

Revenue Sources; Establishment of Regional Convention Facility Operating Trust Fund; Expenditures; Limitation; Financial Obligation.

Section
141.1375

Bonds or Municipal Securities; Issuance; Interest Rate Exchange or Swap, Hedge, or Similar Agreements; Creation of Reserve Fund; Pledge; Filing; Issuance and Delivery of Notes; Maturity; Use of Proceeds; Exemptions.

Section
141.1377

Evidences of Indebtedness or Liability as Contract; Assumption and Performance of Obligations.

Section
141.1379

Applicability of Restrictions Standards or Prerequisites of Local Government; Additional Powers; Construction of Act.