MCL - Act 147 of 1935
AN ACT authorizing the acquisition, improvement, construction, operation and maintenance of certain public works by the state; providing for the creation of the state bridge commission; authorizing the issuance of revenue bonds of the state payable solely from earnings to pay the cost of such works; making such bonds exempt from taxation and making them eligible for certain investments; providing for the collection of fees, rents, tolls and other charges for the payment of such bonds and for the cost of maintenance, operation and repair of the works; declaring that no debt of the state shall be incurred in the exercise of any of the powers granted by this act; and providing for condemnation.
History: 1935, Act 147, Imd. Eff. June 4, 1935
| Document | Type | Description |
|---|---|---|
| Section 254.151 | Section | State bridge commission; issuance of revenue bonds for public works. |
| Section 254.152 | Section | State bridge commission; definitions. |
| Section 254.153 | Section | State bridge commission; membership, oath, bond. |
| Section 254.154 | Section | State bridge commission; acquisition of necessary property. |
| Section 254.155 | Section | State bridge commission; purchase of public works. |
| Section 254.156 | Section | Improvement of public works. |
| Section 254.157 | Section | Construction of public works; agreements with other states and Canada. |
| Section 254.158 | Section | Revenue bonds for public works; sale, notice; signature; report to administrative board. |
| Section 254.159 | Section | Lien on bond proceeds. |
| Section 254.160 | Section | Trust indenture; collateral security, surety bonds; expenses. |
| Section 254.161 | Section | Revenues; contracts with state highway department and Ontario; elimination of tolls. |
| Section 254.162 | Section | Powers of commission. |
| Section 254.163 | Section | Action by trustee and bondholders. |
| Section 254.164 | Section | Acceptance of contributions; use. |
| Section 254.165 | Section | Competing ferries. |
| Section 254.166 | Section | Alternative methods of act. |
| Section 254.167 | Section | Construction of act. |