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MICHIGAN STATUTES AND CODES
Act 280 of 2005 - CORRIDOR IMPROVEMENT AUTHORITY ACT (125.2871 - 125.2899)
- Section 125.2871 - Short title.
- Section 125.2872 - Definitions; A to M.
- Section 125.2873 - Definitions.
- Section 125.2874 - Authority; establishment; public body corporate; powers.
- Section 125.2875 - Development area; establishment in municipality; exception; criteria; compliance.
- Section 125.2876 - Creation of authority; resolution by governing body; notice of public hearing; adoption of resolution designating boundaries; alteration or amendment; interlocal agreement.
- Section 125.2877 - Annexation or consolidation; effect.
- Section 125.2878 - Authority under supervision and control of board; membership; appointment; terms; vacancy; expenses; chairperson; oath; proceedings and rules subject to open meetings act; removal o
- Section 125.2879 - Director, treasurer, secretary, legal counsel, other personnel; compensation; duties.
- Section 125.2880 - Retirement and insurance programs.
- Section 125.2881 - Board; powers.
- Section 125.2882 - Authority as instrument of political subdivision.
- Section 125.2883 - Acquisition of private property; transfer to authority; use.
- Section 125.2884 - Financing sources; disposition.
- Section 125.2885 - Special assessment; levy; borrowing money and issuing bonds.
- Section 125.2886 - Revenue bonds.
- Section 125.2887 - Acquisition or construction of property; financing; bonds or notes.
- Section 125.2888 - Tax increment financing plan.
- Section 125.2889 - Tax increment revenues; transmission; expenditures; use; annual report.
- Section 125.2890 - Financing development program of tax increment financing plan; authorization, issuance, and sale of general obligation bonds; estimate of anticipated tax increment revenues; resolut
- Section 125.2891 - Development plan; preparation; contents.
- Section 125.2892 - Development plan; public hearing; notice; contents; opportunity to speak; hearing record.
- Section 125.2893 - Approval, rejection, or approval with modification; considerations.
- Section 125.2894 - Notice to vacate.
- Section 125.2895 - Budget; submission to board; preparation; approval; adoption; cost of handling and auditing funds.
- Section 125.2896 - Preservation of historical sites.
- Section 125.2897 - Dissolution.
- Section 125.2898 - Enforcement of act; rules.
- Section 125.2899 - Tax increment revenues; definition; condition.
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