reglab/housing_qa huggingface dataset:
MI Comp L § 254.224 (2021)
2021 Michigan Compiled Laws|Chapter 254 - Bridges|Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)|Section 254.224 - Real Property; Purchase and Conveyance by City of Sault Ste. Marie; Condemnation Proceedings; Title; Removal of Property.

254.224 Real property; purchase and conveyance by city of Sault Ste. Marie; condemnation proceedings; title; removal of property. Sec. 4.  (1) The authority is hereby authorized and empowered to acquire by purchase, whenever it considers such purchase expedient, solely from funds provided under the authority of this act, such lands, structures, property, rights, rights-of-way, franchises, easements, and other interests in lands, including lands lying under water and riparian rights, which are located within or without the state, as it considers necessary or convenient for the construction, repair, improvement, and operation of the project, upon such terms and at such prices as it considers to be reasonable and that can be agreed upon between it and the owner thereof, and to take title thereto in the name of the authority.  (2) Notwithstanding any contrary provision of law, the city of Sault Ste. Marie is authorized and empowered to lease, lend, grant, or convey to the authority at its request upon such terms and conditions as the city considers reasonable and fair and without the necessity for any advertisement, order of court, or other action of formality, other than the regular and formal action of the governing body of the city, any real property which may be necessary or convenient to the effectuation of the authorized purposes of the authority, including public highways and other real property already devoted to public use.  (3) If a reasonable price cannot be agreed upon, or if the owner is legally incapacitated, absent, unknown, or unable to convey valid title, the authority is hereby authorized and empowered to acquire by condemnation or by the exercise of the power of eminent domain any lands, property, rights, rights-of-way, franchises, easements, and other property, including public lands, parks, playgrounds, reservations, highways, or parkways, or parts thereof or rights therein, of any person, copartnership, association, railroad, public service, public utility or other corporation, municipality or political subdivision considered necessary or convenient for the construction, repair, or improvement or the efficient operation of the project or necessary in restoration of public or private property damaged or destroyed. Any such proceedings shall be conducted in accordance with and subject to the uniform condemnation procedures act, 1980 PA 87, MCL 213.51 to 213.75. Title to any property acquired by the authority shall be taken in the name of the authority.  (4) If the owner, lessee, or occupier of any property to be condemned refuses to remove his or her personal property from the property or give up possession of the property, the authority may proceed to obtain possession in any manner now or hereafter provided by law. History: 1954, Act 99, Imd. Eff. Apr. 12, 1954 ;-- Am. 2000, Act 243, Imd. Eff. June 29, 2000
MI Comp L § 254.226 (2021)
2021 Michigan Compiled Laws|Chapter 254 - Bridges|Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)|Section 254.226 - Revenue Bonds; Secured by Trust Agreement, Pledge, Provisions, Indemnifying Bonds, Expenses, Approval.

254.226 Revenue bonds; secured by trust agreement, pledge, provisions, indemnifying bonds, expenses, approval. Sec. 6.  In the discretion of the authority the bonds issued under the provisions of this act may be secured by a trust agreement by and between the authority and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or without the state. Such trust agreement or the resolution providing for the issuance of such bonds may pledge or assign the tolls and other revenues to be received, but shall not convey or mortgage the project or any part thereof. Such trust agreement or resolution providing for the issuance of such bonds may contain such provisions for protecting and enforcing the rights and remedies of the bondholders as may be reasonable and proper and not in violation of law, including covenants setting forth the duties of the authority in relation to the acquisition of property and the construction, improvement, maintenance, repair, operation and insurance of the project, the rates of toll to be charged, and the custody, safeguarding and application of all moneys. It shall be lawful for any bank or trust company incorporated under the laws of the state which may act as depository of the proceeds of bonds or of revenues to furnish such indemnifying bonds or to pledge such securities as may be required by the authority. Any such trust agreement may set forth the rights and remedies of the bondholders and of the trustee, and may restrict the individual right of action by bondholders. In addition to the foregoing, any such trust agreement or resolution may contain such other provisions as the authority may deem reasonable and proper for the security of the bondholders. All expenses incurred in carrying out the provisions of such trust agreement or resolution may be treated as a part of the cost of the operation of the project. Such trust agreement or resolution shall be subject to the approval of the state administrative board of the state of Michigan. History: 1954, Act 99, Imd. Eff. Apr. 12, 1954
MI Comp L § 254.227 (2021)
2021 Michigan Compiled Laws|Chapter 254 - Bridges|Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)|Section 254.227 - Tolls; Collection; Contracts With Public Utilities; Appropriation of Revenue; Supervision and Regulation; Sinking Fund; Pledge.

254.227 Tolls; collection; contracts with public utilities; appropriation of revenue; supervision and regulation; sinking fund; pledge. Sec. 7.  The authority is hereby authorized to fix, revise, charge, and collect tolls for the use of the project, and to contract with any person, partnership, association, or corporation for the placing of telephone, telegraph, pipelines, and electric light or power lines, or for any other purpose, and to fix the terms, conditions, rents, and rates of charges for such use. The tolls shall be fixed and adjusted so as to provide a fund sufficient with other revenues, if any, to pay the cost of maintaining, repairing, and operating the project and the principal of and the interest on the bonds as they become due and payable, and to create reserves for these purposes. Revenue collected from the use or disposition of the project is appropriated exclusively for those purposes. The tolls shall not be subject to supervision or regulation by any other commission, board, bureau, or agency of the state. The tolls and all other revenues derived from the project, except that part necessary to pay the cost of maintenance, repair, and operation and to provide reserves as may be provided for in the resolution authorizing the issuance of bonds or in the trust agreement securing the same, shall be set aside at such regular intervals as may be provided in the resolution or trust agreement in a sinking fund that is hereby pledged to, and charged with, the payment of the principal of and the interest on those bonds as they become due, and the redemption price or the purchase price of bonds retired by call or purchase as provided in the resolution or trust agreement. The pledge is valid and binding from the time when the pledge is made. The tolls and other revenues or other money so pledged and thereafter received by the authority shall immediately be subject to the lien of the pledge without any physical delivery or further act, and the lien of the pledge is valid and binding against all parties having claims of any kind in tort, contract, or otherwise against the authority, irrespective of whether the parties have notice of the lien. The resolution or trust agreement by which a pledge is created need not be filed or recorded except in the records of the authority. The use and disposition of money to the credit of the sinking fund are subject to the resolution authorizing the issuance of the bonds or the trust agreement. Except as may otherwise be provided in the resolution or trust agreement, the sinking fund is a fund for all the bonds without distinction or priority of one over another. History: 1954, Act 99, Imd. Eff. Apr. 12, 1954 ;-- Am. 2000, Act 243, Imd. Eff. June 29, 2000
MI Comp L § 254.228 (2021)
2021 Michigan Compiled Laws|Chapter 254 - Bridges|Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)|Section 254.228 - Trust Funds; Depository Acting as Trustee.

254.228 Trust funds; depository acting as trustee. Sec. 8.  All moneys received pursuant to the authority of this act, whether as proceeds from the sale of bonds or as revenues, shall be deemed to be trust funds to be held and applied solely as provided in this act. The resolution authorizing the bonds or the trust agreement securing such bonds shall provide that any officer with whom, or any bank or trust company with which, such moneys shall be deposited shall act as trustee of such moneys and shall hold and apply the same for the purposes hereof, subject to such regulations as this act and such resolution or trust agreement may provide. History: 1954, Act 99, Imd. Eff. Apr. 12, 1954
MI Comp L § 254.229 (2021)
2021 Michigan Compiled Laws|Chapter 254 - Bridges|Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)|Section 254.229 - Trust Agreement or Resolution; Enforcement.

254.229 Trust agreement or resolution; enforcement. Sec. 9.  Any holder of bonds issued under the provisions of this act or any of the coupons appertaining thereto, and the trustee under any trust agreement, except to the extent the rights herein given may be restricted by such trust agreement or the resolution authorizing the issuance of such bonds, may, either at law or in equity, by suit, action, mandamus or other proceeding, protect and enforce any and all rights under the laws of the state or granted hereunder or under such trust agreement or resolution, and may enforce and compel the performance of all duties required by this act or by such trust agreement or resolution to be performed by the authority or by any officer thereof, including the fixing, charging and collecting of tolls. History: 1954, Act 99, Imd. Eff. Apr. 12, 1954
MI Comp L § 254.230 (2021)
2021 Michigan Compiled Laws|Chapter 254 - Bridges|Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)|Section 254.230 - Bonds; Negotiable Instruments.

254.230 Bonds; negotiable instruments. Sec. 10.  Notwithstanding any of the foregoing provisions of this act or any recitals in any bonds issued under the provisions of this act, all such bonds shall be deemed to be negotiable instruments under the laws of this state. History: 1954, Act 99, Imd. Eff. Apr. 12, 1954
MI Comp L § 254.231 (2021)
2021 Michigan Compiled Laws|Chapter 254 - Bridges|Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)|Section 254.231 - Purpose of Project; Taxation.

254.231 Purpose of project; taxation. Sec. 11.  The exercise of the powers granted by this act will be in all respects for the benefit of the people of the state, for the increase of their commerce and prosperity, and for the improvement of their health and living conditions, and as the operation and maintenance of the project authorized by this act will constitute the performance of essential governmental functions, the authority shall not be required to pay any taxes or assessments upon the project or any property acquired or used by the authority under the provisions of this act or upon the income therefrom, and any bonds issued under the provisions of this act, their transfer and the income therefrom (including any profit made on the sale thereof) shall at all times be free from taxation within the state. History: 1954, Act 99, Imd. Eff. Apr. 12, 1954
MI Comp L § 254.232 (2021)
2021 Michigan Compiled Laws|Chapter 254 - Bridges|Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)|Section 254.232 - Bonds Made Securities.

254.232 Bonds made securities. Sec. 12.  Bonds issued by the authority under the provisions of this act are hereby made securities in which all banks, bankers, savings banks, trust companies, savings and loan associations, investment companies and other persons carrying on a banking business, all insurance companies, insurance associations, and other persons carrying on an insurance business, and all administrators, executors, guardians, trustees and other fiduciaries may properly and legally invest any funds, including capital belonging to them or within their control. History: 1954, Act 99, Imd. Eff. Apr. 12, 1954
MI Comp L § 254.233 (2021)
2021 Michigan Compiled Laws|Chapter 254 - Bridges|Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)|Section 254.233 - Revenue Refunding Bonds; Purpose, Regulation.

254.233 Revenue refunding bonds; purpose, regulation. Sec. 13.  The authority is hereby authorized to provide for the issuance of revenue refunding bonds of the authority for the purpose of refunding any bonds then outstanding which shall have been issued under the provisions of this act, including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption of such bonds, and, if deemed advisable by the authority, for the additional purpose of constructing improvements to the project. The issuance of such bonds, the maturities and other details thereof, the rights of the holders thereof, and the rights, duties and obligations of the authority in respect of the same, shall be governed by the provisions of this act insofar as the same may be applicable. History: 1954, Act 99, Imd. Eff. Apr. 12, 1954
MI Comp L § 254.234 (2021)
2021 Michigan Compiled Laws|Chapter 254 - Bridges|Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)|Section 254.234 - Vehicular Traffic Facilities; Covenant With Bondholders; Limitations.

254.234 Vehicular traffic facilities; covenant with bondholders; limitations. Sec. 14.  The state of Michigan covenants and agrees with the holders of the bonds issued under the provisions of this act that it will not construct or operate, or permit the construction or operation of, any bridge, tunnel or ferry service for vehicular traffic between the upper peninsula of Michigan and the province of Ontario, Canada, within 10 miles of the project: Provided, however, That nothing herein contained shall be construed to prevent the operation of the existing ferry service. Upon completing the construction of the project and opening the same to traffic the authority shall sell or otherwise dispose of all ferries and other property then owned by the authority and belonging to the ferry system, except any such properties as the authority may deem desirable to retain in connection with the operation of the project, and the proceeds of such sale or other disposition shall be applied to the payment of any remaining items of cost of the project or shall be deposited to the credit of the sinking fund for the bonds issued for such project. History: 1954, Act 99, Imd. Eff. Apr. 12, 1954 ;-- Am. 1955, Act 181, Eff. Oct. 14, 1955
MI Comp L § 254.235 (2021)
2021 Michigan Compiled Laws|Chapter 254 - Bridges|Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)|Section 254.235 - Authorization for Action; Project Maintenance and Operation, Report to Governor, Failure to Pay Tolls, Surveying.

254.235 Authorization for action; project maintenance and operation, report to governor, failure to pay tolls, surveying. Sec. 15.  Any action taken by the authority under the provisions of this act may be authorized by resolution at any regular or special meeting, and each such resolution shall take effect immediately and need not be published or posted.  The project, when constructed and opened to traffic, shall be maintained and kept in good condition and repair by the authority. The project shall be operated by such force of toll-takers and other operating employees as the authority may in its discretion employ and shall be policed in such manner as the authority may determine.  All private property damaged or destroyed in carrying out the powers granted by this act shall be restored or repaired and placed in its original condition as nearly as practicable or adequate compensation made thereof out of funds provided under the authority of this act.  Within the first 90 days of each fiscal year of the authority, the authority shall make an annual report to the governor of its activities for the preceding fiscal year. Each such report shall set forth a complete operating and financial statement covering its operation during the year. The authority shall cause an audit of its books and accounts to be made at least once in each year by certified public accountants and the cost thereof may be treated as a part of the cost of construction or operation.  Any person who uses the project and fails or refuses to pay the toll provided therefor shall be punished by a fine of not more than $100.00 or by imprisonment for not more than 30 days, or both, and in addition thereto the authority shall have a lien upon the vehicle driven by such person for the amount of such toll and may take and retain possession thereof until the amount of such toll and all charges in connection therewith shall have been paid.  The authority and its authorized agents and employees may enter upon any lands, waters and premises in the state for the purpose of making surveys, soundings, drillings and examinations as they may deem necessary or convenient for the purpose of this act, and such entry shall not be deemed a trespass, nor shall an entry for such purposes be deemed an entry under any condemnation proceedings which may be then pending. The authority shall make reimbursement for any actual damage resulting to such lands, waters and premises as a result of such activities. The state hereby consents to the use of all lands owned by it, including lands lying under water, which are deemed by the authority to be necessary for the construction or operation of the project.  Each member of the authority shall be reimbursed for his actual expenses necessarily incurred in the performance of his duties. History: 1954, Act 99, Imd. Eff. Apr. 12, 1954
MI Comp L § 254.236 (2021)
2021 Michigan Compiled Laws|Chapter 254 - Bridges|Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)|Section 254.236 - Bonds; Final Payment; Disposition of Property; Dissolution of Authority; Assumption of Powers and Responsibilities; Use of Property and Funds; Surveys and Studies; Availability of Data.

254.236 Bonds; final payment; disposition of property; dissolution of authority; assumption of powers and responsibilities; use of property and funds; surveys and studies; availability of data. Sec. 16.  (1) When all bonds issued under this act in connection with the project and the interest on those bonds is paid or a sufficient amount for the payment of the bonds and the interest on the bonds to their maturity is set aside in trust for the benefit of the bondholders, that portion of the project in Michigan, if then in good condition and repair, shall be conveyed by the authority to the state transportation department and that portion of the project in Canada shall be disposed of as directed by the proper authorities in Canada. Thereupon, the authority shall be dissolved and all funds of the authority not required for the payment of the bonds and the interest thereon shall be paid to the state transportation department and all machinery, equipment, and other property belonging to the authority shall be delivered to the state transportation department which shall assume all of the powers and responsibilities of the authority under this act and shall use that property and funds for the project.  (2) The authority is hereby authorized and directed to make surveys and studies of the project as may be necessary to effect the financing authorized by this act at the earliest practicable time, and for this purpose to employ consulting engineers, traffic engineers, legal and financial experts, and other employees and agents as it considers necessary. To effect the purpose of this act, the state transportation department shall make available to the authority all data in its possession which may be useful to the authority in making such surveys and studies. History: 1954, Act 99, Imd. Eff. Apr. 12, 1954 ;-- Am. 1955, Act 181, Eff. Oct. 14, 1955 ;-- Am. 1958, Act 185, Eff. Sept. 13, 1958 ;-- Am. 2000, Act 243, Imd. Eff. June 29, 2000
MI Comp L § 254.237 (2021)
2021 Michigan Compiled Laws|Chapter 254 - Bridges|Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)|Section 254.237 - Powers; Supplemental and Additional.

254.237 Powers; supplemental and additional. Sec. 17.  The foregoing sections of this act shall be deemed to provide an additional and alternative method for the doing of the things authorized thereby, and shall be regarded as supplemental and additional to powers conferred by other laws: Provided, however, That the issuance of revenue bonds or revenue refunding bonds under the provisions of this act need not comply with the requirements of any other law applicable to the issuance of bonds.  Except as otherwise expressly provided in this act, none of the powers granted to the authority under the provisions of this act shall be subject to the supervision or regulation or require the approval or consent of any municipality or political subdivision or any commission, board, bureau, official or agency thereof or of the state. History: 1954, Act 99, Imd. Eff. Apr. 12, 1954
MI Comp L § 254.238 (2021)
2021 Michigan Compiled Laws|Chapter 254 - Bridges|Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)|Section 254.238 - Construction of Act.

254.238 Construction of act. Sec. 18.  This act, being necessary for the welfare of the state and its inhabitants, shall be liberally construed to effect the purposes thereof. History: 1954, Act 99, Imd. Eff. Apr. 12, 1954
MI Comp L § 254.239 (2021)
2021 Michigan Compiled Laws|Chapter 254 - Bridges|Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)|Section 254.239 - Repealed. 2000, Act No. 243, Imd. Eff. June 29, 2000.

254.239 Repealed. 2000, Act No. 243, Imd. Eff. June 29, 2000. Compiler's Notes: The repealed section pertained to appointment and terms of current members of international bridge authority.
MI Comp L § 254.240 (2021)
2021 Michigan Compiled Laws|Chapter 254 - Bridges|Act 99 of 1954 - International Bridge Authority (254.221 - 254.240)|Section 254.240 - Repeal.

254.240 Repeal. Sec. 20.  The provisions of Act No. 237 of the Public Acts of 1935, as amended, being sections 254.201 to 254.216, inclusive, of the Compiled Laws of 1948, except for the provisions of section 2 thereof, are hereby repealed. All other general or special laws, or parts thereof, inconsistent herewith are hereby declared to be inapplicable to the provisions of this act. History: 1954, Act 99, Imd. Eff. Apr. 12, 1954