reglab/housing_qa huggingface dataset:
MI Comp L § 125.4202 (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 57 of 2018 - Recodified Tax Increment Financing Act (125.4101 - 125.4915)|57-2018-2 - Part 2 Downtown Development Authorities (125.4201...125.4230)|Section 125.4202 - Authority; Establishment; Restriction; Public Body Corporate; Powers Generally.

125.4202 Authority; establishment; restriction; public body corporate; powers generally.Sec. 202.  (1) Except as otherwise provided in this subsection, a municipality may establish 1 authority. If, before November 1, 1985, a municipality establishes more than 1 authority, those authorities may continue to exist as separate authorities. Under the conditions described in section 203a, a municipality may have more than 1 authority within that municipality's boundaries. A parcel of property shall not be included in more than 1 authority created by this part.  (2) An authority shall be a public body corporate which may sue and be sued in any court of this state. An authority possesses all the powers necessary to carry out the purpose of its incorporation. The enumeration of a power in this part shall not be construed as a limitation upon the general powers of an authority. History: 2018, Act 57, Eff. Jan. 1, 2019
MI Comp L § 125.4203a (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 57 of 2018 - Recodified Tax Increment Financing Act (125.4101 - 125.4915)|57-2018-2 - Part 2 Downtown Development Authorities (125.4201...125.4230)|Section 125.4203a - Authority of Annexing or Consolidated Municipality; Obligations, Agreements, and Bonds.

125.4203a Authority of annexing or consolidated municipality; obligations, agreements, and bonds.Sec. 203a.  If a downtown district is part of an area annexed to or consolidated with another municipality, the authority managing that district shall become an authority of the annexing or consolidated municipality. Obligations of that authority incurred under a development or tax increment plan, agreements related to a development or tax increment plan, and bonds issued under this part shall remain in effect following the annexation or consolidation. History: 2018, Act 57, Eff. Jan. 1, 2019
MI Comp L § 125.4203b (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 57 of 2018 - Recodified Tax Increment Financing Act (125.4101 - 125.4915)|57-2018-2 - Part 2 Downtown Development Authorities (125.4201...125.4230)|Section 125.4203b - Ratification and Validation of Ordinance and Actions; Compliance.

125.4203b Ratification and validation of ordinance and actions; compliance.Sec. 203b.  (1) An ordinance enacted by a municipality that has a population of less than 50,000 establishing an authority, creating a district, or approving a development plan or tax increment financing plan, or an amendment to an authority, district, or plan, and all actions taken under that ordinance, including the issuance of bonds, are ratified and validated notwithstanding that notice for the public hearing on the establishment of the authority, creation of the district, or approval of the development plan or tax increment financing plan, or on the amendment, was not published, posted, or mailed at least 20 days before the hearing, if the notice was published or posted at least 15 days before the hearing or the authority was established in 1984 by a village that filed the ordinance with the secretary of state not later than March 1986. This section applies only to an ordinance adopted by a municipality before February 1, 1991, and shall include any bonds or amounts to be used by the authority to pay the principal of and interest on bonds that have been issued or that are to be issued by the authority, the incorporating municipality, or a county on behalf of the incorporating municipality. An authority for which an ordinance or amendment to the ordinance establishing the authority has been published before February 1, 1991 is considered for purposes of section 203(4) to have promptly filed the ordinance or amendment to the ordinance with the secretary of state if the ordinance or amendment to the ordinance is filed with the secretary of state before October 1, 1991. As used in this section, "notice was published" means publication of the notice occurred at least once.  (2) A development plan and tax increment financing plan approved by a resolution adopted by the village council of a village having a population of less than 3,000 before June 15, 1988 rather than by adoption of an ordinance is ratified and validated, if an amendment to the plans was adopted by the village council in compliance with sections 18 and 19.  (3) A development plan and tax increment financing plan approved by a resolution adopted by the village council of a village having a population of less than 7,000 before June 1, 1998 rather than by adoption of an ordinance is ratified and validated if an amendment to the plans was adopted by the village council in compliance with sections 18 and 19. History: 2018, Act 57, Eff. Jan. 1, 2019
MI Comp L § 125.4203c (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 57 of 2018 - Recodified Tax Increment Financing Act (125.4101 - 125.4915)|57-2018-2 - Part 2 Downtown Development Authorities (125.4201...125.4230)|Section 125.4203c - Proceedings or Findings; Validity.

125.4203c Proceedings or findings; validity.Sec. 203c.  The validity of the proceedings or findings establishing an authority, or of the procedure, adequacy of notice, or findings with respect to the approval of a development plan or tax increment financing plan is conclusive with respect to the capture of tax increment revenues for an other protected obligation that is a bond issued after October 1, 1994. History: 2018, Act 57, Eff. Jan. 1, 2019
MI Comp L § 125.4203d (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 57 of 2018 - Recodified Tax Increment Financing Act (125.4101 - 125.4915)|57-2018-2 - Part 2 Downtown Development Authorities (125.4201...125.4230)|Section 125.4203d - Establishment or Amendment of Authority, District, or Plan; Notice; Publication or Posting.

125.4203d Establishment or amendment of authority, district, or plan; notice; publication or posting.Sec. 203d.  An ordinance enacted by a municipality that has a population of greater than 1,000 and less than 2,000 establishing an authority, creating a district, or approving a development plan or tax increment financing plan, or an amendment to an authority, district, or plan, and all actions taken or to be taken under that ordinance, including the issuance of bonds, are ratified and validated notwithstanding that notice for the public hearing on the establishment of the authority, creation of the district, or approval of the development plan or tax increment financing plan, or on the amendment, was not published, posted, or mailed at least 20 days before the hearing, provided that the notice was either published or posted at least 10 days before the hearing or that the authority was established in 1990 by a municipality that filed the ordinance with the secretary of state not later than July 1991. This section applies only to an ordinance or an amendment adopted by a municipality before January 1, 1999 and shall include any bonds or amounts to be used by the authority to pay the principal of and interest on bonds that have been issued or that are to be issued by the authority or the incorporating municipality. An authority for which an ordinance or amendment to the ordinance establishing the authority has been published before February 1, 1991 is considered for purposes of section 203(3) to have promptly filed the ordinance or amendment to the ordinance with the secretary of state if the ordinance or amendment to the ordinance is filed with the secretary of state before December 31, 2002. The validity of the proceedings or findings establishing an authority described in this section, or of the procedure, adequacy of notice, or findings with respect to the approval of a development plan or tax increment financing plan for an authority described in this section is conclusive with respect to the capture of tax increment revenues for a bond issued after June 1, 2002 and before June 1, 2006. As used in this section, "notice was either published or posted" means either publication or posting of the notice occurred at least once. History: 2018, Act 57, Eff. Jan. 1, 2019
MI Comp L § 125.4205 (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 57 of 2018 - Recodified Tax Increment Financing Act (125.4101 - 125.4915)|57-2018-2 - Part 2 Downtown Development Authorities (125.4201...125.4230)|Section 125.4205 - Director; Acting Director; Treasurer; Secretary; Legal Counsel; Other Personnel.

125.4205 Director; acting director; treasurer; secretary; legal counsel; other personnel.Sec. 205.  (1) The board may employ and fix the compensation of a director, subject to the approval of the governing body of the municipality. The director shall serve at the pleasure of the board. A member of the board is not eligible to hold the position of director. Before entering upon the duties of his or her office, the director shall take and subscribe to the constitutional oath, and furnish bond, by posting a bond in the penal sum determined in the ordinance establishing the authority payable to the authority for use and benefit of the authority, approved by the board, and filed with the municipal clerk. The premium on the bond shall be deemed an operating expense of the authority, payable from funds available to the authority for expenses of operation. The director shall be the chief executive officer of the authority. Subject to the approval of the board, the director shall supervise, and be responsible for, the preparation of plans and the performance of the functions of the authority in the manner authorized by this part. The director shall attend the meetings of the board, and shall render to the board and to the governing body of the municipality a regular report covering the activities and financial condition of the authority. If the director is absent or disabled, the board may designate a qualified person as acting director to perform the duties of the office. Before entering upon the duties of his or her office, the acting director shall take and subscribe to the oath, and furnish bond, as required of the director. The director shall furnish the board with information or reports governing the operation of the authority as the board requires.  (2) The board may employ and fix the compensation of a treasurer, who shall keep the financial records of the authority and who, together with the director, shall approve all vouchers for the expenditure of funds of the authority. The treasurer shall perform such other duties as may be delegated to him or her by the board and shall furnish bond in an amount as prescribed by the board.  (3) The board may employ and fix the compensation of a secretary, who shall maintain custody of the official seal and of records, books, documents, or other papers not required to be maintained by the treasurer. The secretary shall attend meetings of the board and keep a record of its proceedings, and shall perform such other duties delegated by the board.  (4) The board may retain legal counsel to advise the board in the proper performance of its duties. The legal counsel shall represent the authority in actions brought by or against the authority.  (5) The board may employ other personnel deemed necessary by the board. History: 2018, Act 57, Eff. Jan. 1, 2019
MI Comp L § 125.4206 (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 57 of 2018 - Recodified Tax Increment Financing Act (125.4101 - 125.4915)|57-2018-2 - Part 2 Downtown Development Authorities (125.4201...125.4230)|Section 125.4206 - Participation of Employees in Municipal Retirement and Insurance Programs.

125.4206 Participation of employees in municipal retirement and insurance programs.Sec. 206.  The employees of an authority shall be eligible to participate in municipal retirement and insurance programs of the municipality as if they were civil service employees except that the employees of an authority are not civil service employees. History: 2018, Act 57, Eff. Jan. 1, 2019
MI Comp L § 125.4208 (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 57 of 2018 - Recodified Tax Increment Financing Act (125.4101 - 125.4915)|57-2018-2 - Part 2 Downtown Development Authorities (125.4201...125.4230)|Section 125.4208 - Board Serving as Planning Commission; Agenda.

125.4208 Board serving as planning commission; agenda.Sec. 208.  If a board created under this part serves as the planning commission under the Michigan planning enabling act, 2008 PA 33, MCL 125.3801 to 125.3885, the board shall include planning commission business in its agenda. History: 2018, Act 57, Eff. Jan. 1, 2019
MI Comp L § 125.4209 (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 57 of 2018 - Recodified Tax Increment Financing Act (125.4101 - 125.4915)|57-2018-2 - Part 2 Downtown Development Authorities (125.4201...125.4230)|Section 125.4209 - Authority as Instrumentality of Political Subdivision.

125.4209 Authority as instrumentality of political subdivision.Sec. 209.  The authority shall be deemed an instrumentality of a political subdivision for purposes of 1972 PA 227, MCL 213.321 to 213.332. History: 2018, Act 57, Eff. Jan. 1, 2019
MI Comp L § 125.4210 (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 57 of 2018 - Recodified Tax Increment Financing Act (125.4101 - 125.4915)|57-2018-2 - Part 2 Downtown Development Authorities (125.4201...125.4230)|Section 125.4210 - Taking, Transfer, and Use of Private Property.

125.4210 Taking, transfer, and use of private property.Sec. 210.  A municipality may take private property under 1911 PA 149, MCL 213.21 to 213.25, for the purpose of transfer to the authority, and may transfer the property to the authority for use in an approved development, on terms and conditions it deems appropriate, and the taking, transfer, and use shall be considered necessary for public purposes and for the benefit of the public. History: 2018, Act 57, Eff. Jan. 1, 2019
MI Comp L § 125.4211 (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 57 of 2018 - Recodified Tax Increment Financing Act (125.4101 - 125.4915)|57-2018-2 - Part 2 Downtown Development Authorities (125.4201...125.4230)|Section 125.4211 - Financing Activities of Authority; Disposition of Money Received by Authority; Municipal Obligations.

125.4211 Financing activities of authority; disposition of money received by authority; municipal obligations.Sec. 211.  (1) The activities of the authority shall be financed from 1 or more of the following sources:  (a) Donations to the authority for the performance of its functions.  (b) Proceeds of a tax imposed pursuant to section 212.  (c) Money borrowed and to be repaid as authorized by sections 213 and 213a.  (d) Revenues from any property, building, or facility owned, leased, licensed, or operated by the authority or under its control, subject to the limitations imposed upon the authority by trusts or other agreements.  (e) Proceeds of a tax increment financing plan, established under sections 214 to 216.  (f) Proceeds from a special assessment district created as provided by law.  (g) Money obtained from other sources approved by the governing body of the municipality or otherwise authorized by law for use by the authority or the municipality to finance a development program.  (h) Money obtained pursuant to section 213b.  (i) Revenue transferred pursuant to section 11a of chapter 2 of the city income tax act, 1964 PA 284, MCL 141.611a.  (j) Revenue transferred pursuant to section 11b of chapter 2 of the city income tax act, 1964 PA 284, MCL 141.611b.  (2) Money received by the authority and not covered under subsection (1) shall immediately be deposited to the credit of the authority, subject to disbursement pursuant to this part. Except as provided in this part, the municipality shall not obligate itself, nor shall it ever be obligated to pay any sums from public funds, other than money received by the municipality pursuant to this section, for or on account of the activities of the authority. History: 2018, Act 57, Eff. Jan. 1, 2019
MI Comp L § 125.4212 (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 57 of 2018 - Recodified Tax Increment Financing Act (125.4101 - 125.4915)|57-2018-2 - Part 2 Downtown Development Authorities (125.4201...125.4230)|Section 125.4212 - Ad Valorem Tax; Borrowing in Anticipation of Collection.

125.4212 Ad valorem tax; borrowing in anticipation of collection.Sec. 212.  (1) An authority with the approval of the municipal governing body may levy an ad valorem tax on the real and tangible personal property not exempt by law and as finally equalized in the downtown district. The tax shall not be more than 1 mill if the downtown district is in a municipality having a population of 1,000,000 or more, or not more than 2 mills if the downtown district is in a municipality having a population of less than 1,000,000. The tax shall be collected by the municipality creating the authority levying the tax. The municipality shall collect the tax at the same time and in the same manner as it collects its other ad valorem taxes. The tax shall be paid to the treasurer of the authority and credited to the general fund of the authority for purposes of the authority.  (2) The municipality may at the request of the authority borrow money and issue its notes under the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821, in anticipation of collection of the ad valorem tax authorized in this section. History: 2018, Act 57, Eff. Jan. 1, 2019
MI Comp L § 125.4213 (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 57 of 2018 - Recodified Tax Increment Financing Act (125.4101 - 125.4915)|57-2018-2 - Part 2 Downtown Development Authorities (125.4201...125.4230)|Section 125.4213 - Revenue Bonds.

125.4213 Revenue bonds.Sec. 213.  The authority may borrow money and issue its negotiable revenue bonds under the revenue bond act of 1933, 1933 PA 94, MCL 141.101 to 141.140. Revenue bonds issued by the authority shall not except as hereinafter provided be deemed a debt of the municipality or the state. The municipality by majority vote of the members of its governing body may pledge its full faith and credit to support the authority's revenue bonds. History: 2018, Act 57, Eff. Jan. 1, 2019
MI Comp L § 125.4215 (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 57 of 2018 - Recodified Tax Increment Financing Act (125.4101 - 125.4915)|57-2018-2 - Part 2 Downtown Development Authorities (125.4201...125.4230)|Section 125.4215 - Transmitting and Expending Tax Increments Revenues; Reversion of Surplus Funds; Abolishment of Tax Increment Financing Plan; Conditions.

125.4215 Transmitting and expending tax increments revenues; reversion of surplus funds; abolishment of tax increment financing plan; conditions.Sec. 215.  (1) The municipal and county treasurers shall transmit to the authority tax increment revenues.  (2) The authority shall expend the tax increment revenues received for the development program only pursuant to the tax increment financing plan. Surplus funds shall revert proportionately to the respective taxing bodies. These revenues shall not be used to circumvent existing property tax limitations. The governing body of the municipality may abolish the tax increment financing plan when it finds that the purposes for which it was established are accomplished. However, the tax increment financing plan shall not be abolished, allowed to expire, or otherwise terminate until the principal of, and interest on, bonds issued pursuant to section 216 have been paid or funds sufficient to make the payment have been segregated. History: 2018, Act 57, Eff. Jan. 1, 2019
MI Comp L § 125.4218 (2021)
2021 Michigan Compiled Laws|Chapter 125 - Planning, Housing, and Zoning|Act 57 of 2018 - Recodified Tax Increment Financing Act (125.4101 - 125.4915)|57-2018-2 - Part 2 Downtown Development Authorities (125.4201...125.4230)|Section 125.4218 - Ordinance Approving or Amending Development Plan or Tax Increment Financing Plan; Public Hearing; Notice; Record.

125.4218 Ordinance approving or amending development plan or tax increment financing plan; public hearing; notice; record.Sec. 218.  (1) The governing body, before adoption of an ordinance approving or amending a development plan or approving or amending a tax increment financing plan, shall hold a public hearing on the development plan. Notice of the time and place of the hearing shall be given by publication twice in a newspaper of general circulation designated by the municipality, the first of which shall be not less than 20 days before the date set for the hearing. Notice of the hearing shall be posted in at least 20 conspicuous and public places in the downtown district not less than 20 days before the hearing. Notice shall also be mailed to all property taxpayers of record in the downtown district not less than 20 days before the hearing. Beginning June 1, 2005, the notice of hearing within the time frame described in this subsection shall be mailed by certified mail to the governing body of each taxing jurisdiction levying taxes that would be subject to capture if the development plan or the tax increment financing plan is approved or amended.  (2) Notice of the time and place of hearing on a development plan shall contain: a description of the proposed development area in relation to highways, streets, streams, or otherwise; a statement that maps, plats, and a description of the development plan, including the method of relocating families and individuals who may be displaced from the area, are available for public inspection at a place designated in the notice, and that all aspects of the development plan will be open for discussion at the public hearing; and other information that the governing body considers appropriate. At the time set for hearing, the governing body shall provide an opportunity for interested persons to be heard and shall receive and consider communications in writing with reference to the development plan. The hearing shall provide the fullest opportunity for expression of opinion, for argument on the merits, and for introduction of documentary evidence pertinent to the development plan. The governing body shall make and preserve a record of the public hearing, including all data presented thereat. History: 2018, Act 57, Eff. Jan. 1, 2019