MCL - 57-2018-6
Act 57 of 2018
CORRIDOR IMPROVEMENT AUTHORITIES
| Document | Type | Description |
|---|---|---|
| Section 125.4602 | Section | Definitions; A to M. |
| Section 125.4603 | Section | Definitions. |
| Section 125.4604 | Section | Multiple authorities; establishment; public body corporate; powers. |
| Section 125.4605 | Section | Development area; establishment in municipality; exception; criteria; compliance. |
| Section 125.4606 | Section | Creation of authority; resolution by governing body; notice of public hearing; adoption of resolution designating boundaries; alteration or amendment; interlocal agreement. |
| Section 125.4607 | Section | Annexation or consolidation; effect. |
| Section 125.4608 | Section | Authority under supervision and control of board; membership; appointment; terms; vacancy; expenses; chairperson; oath; proceedings and rules subject to open meetings act; removal of board member; financial records; writings subject to freedom of information act; members as members of business improvement district; creation of joint authority; board. |
| Section 125.4609 | Section | Director, treasurer, secretary, legal counsel, other personnel; compensation; duties. |
| Section 125.4610 | Section | Retirement and insurance programs. |
| Section 125.4611 | Section | Board; powers. |
| Section 125.4612 | Section | Authority as instrument of political subdivision. |
| Section 125.4613 | Section | Acquisition of private property; transfer to authority; use. |
| Section 125.4614 | Section | Financing sources; disposition. |
| Section 125.4615 | Section | Special assessment; levy; borrowing money and issuing notes. |
| Section 125.4616 | Section | Revenue bonds. |
| Section 125.4617 | Section | Acquisition or construction of property; financing; bonds or notes. |
| Section 125.4618 | Section | Tax increment financing plan. |
| Section 125.4619 | Section | Tax increment revenues; transmission; expenditures; use. |
| Section 125.4620 | Section | Financing development program of tax increment financing plan; authorization, issuance, and sale of general obligation bonds; estimate of anticipated tax increment revenues; resolution; security; lien. |
| Section 125.4621 | Section | Development plan; preparation; contents. |
| Section 125.4622 | Section | Development plan; public hearing; notice; contents; opportunity to speak; hearing record. |
| Section 125.4623 | Section | Approval, rejection, or approval with modification; considerations. |
| Section 125.4624 | Section | Notice to vacate. |
| Section 125.4625 | Section | Budget; submission to board; preparation; approval; adoption; cost of handling and auditing funds. |
| Section 125.4626 | Section | Preservation of historical sites. |
| Section 125.4627 | Section | Dissolution. |
| Section 125.4629 | Section | Tax increment revenues; definition; condition. |