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MICHIGAN STATUTES AND CODES
Act 94 of 2008 - WATER RESOURCE IMPROVEMENT TAX INCREMENT FINANCE AUTHORITY ACT (125.1771 - 125.1794)
- Section 125.1771 - Short title.
- Section 125.1772 - Definitions; A to M.
- Section 125.1773 - Definitions; O to W.
- Section 125.1774 - Establishment of multiple authorities; powers.
- Section 125.1775 - Intent to create and provide for operation of authority within water resource improvement district; resolution of intent; notice of public hearing; adoption of ordinance; filing; pu
- Section 125.1776 - Annexation or consolidation.
- Section 125.1777 - Board; membership; qualifications; terms; appointment to fill vacancy; compensation; oath of office; proceedings and rules subject to open meetings act; meetings; removal of board m
- Section 125.1778 - Director; compensation; service; oath; bond; duties; acting director; treasurer; secretary; legal counsel; duties; other personnel.
- Section 125.1779 - Participation of employees in municipal retirement and insurance programs; employees not civil service employees.
- Section 125.1780 - Board; powers; duties; preparation of water resource management plan; consultation with certain entities.
- Section 125.1781 - Authority as instrumentality of political subdivision.
- Section 125.1782 - Financing sources; disposition of money received.
- Section 125.1783 - Borrowing money and issuing bonds.
- Section 125.1784 - Borrowing money and issuing bonds or notes; security; pledge; lien; exemption of bonds or notes from taxation; municipality not liable on bonds and notes of authority; statement; in
- Section 125.1785 - Tax increment financing plan; preparation and submission; development plan; statement of estimated impact; approval; notice, hearing, and disclosure provisions; modification; exempt
- Section 125.1786 - Transmission of tax increment revenues to authority; expenditures; terms; reversion of unused funds; abolishment of plan; conditions; status report on tax increment financing accoun
- Section 125.1787 - Authorization, issuance, and sale of tax increment bonds.
- Section 125.1788 - Development plan; contents.
- Section 125.1789 - Development plan or tax increment financing plan; adoption of ordinance; notice of public hearing; purpose of public hearing.
- Section 125.1790 - Determination of public purpose; approval or rejection of plan; modifications; considerations.
- Section 125.1791 - Operation of authority; budget; review by board; submission to governing body; adoption; cost of handling and auditing funds.
- Section 125.1792 - Dissolution of authority.
- Section 125.1793 - Enforcement of act; rules.
- Section 125.1794 - Prohibition.
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