reglab/statecodes huggingface dataset:
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 38 of 2017 - Michigan Community Foundation Act (123.901 - 123.907) › Section 123.903 - Definitions.

123.903 Definitions.
Sec. 3.
As used in this act:
(a) "Community foundation" means an organization that meets all of the following requirements:
(i) Has been in existence for at least 10 years.
(ii) Has assets of at least $5,000,000.00.
(iii) Qualifies for exemption from federal income taxation under section 501(c)(3) of the internal revenue code, 26 USC 501(c)(3).
(iv) Supports a broad range of charitable activities within the specific geographic area of this state that it serves, such as a municipality.
(v) Maintains an ongoing program to attract new endowment funds by seeking gifts and bequests from a wide range of potential donors in the geographic area served.
(vi) Is publicly supported, as defined by 26 CFR 1.170A-9(f).
(vii) Meets the requirements for treatment as a single entity under 26 CFR 1.170A-9(f)(11).
(viii) Is not an organization described in section 509(a)(3) of the internal revenue code, 26 USC 509(a)(3).
(ix) Has an independent governing body representing the general public's interest and that is not appointed by a single outside entity.
(x) Maintains continually at least 1 part-time or full-time employee.
(xi) Is subject to an annual independent financial audit.
(xii) For a community foundation that is incorporated or established after January 9, 2001, operates in a county of this state that was not served by a community foundation when the community foundation was incorporated or established or operates as a geographic component of an existing community foundation.
(b) "Component fund" means a component part of a community trust as described in 26 CFR 1.170A-9.
(c) "Condition, limitation, or requirement" does not include a material restriction or condition that violates 26 CFR 1.170A-9 or that restricts a community foundation's inherent power of modification described in 26 CFR 1.170A-9.
(d) "Gift" does not include state school aid or another grant from state or federal sources.
(e) "Intangible personal property" means incorporeal personal property including, but not limited to, cash, proceeds of the sale of real or personal property, deposits in banks or other financial institutions, negotiable instruments, mortgages, debts, receivables, shares of stock, bonds, notes, credits, evidences of an interest in property, evidences of debt, and choses in action generally. Intangible personal property does not include state school aid or another grant from state or federal resources.
(f) "Municipality" means a city, village, township, county, or a subdivision or instrumentality of any of these entities.
(g) "Public library" means a board of education, library commission, or other public corporation empowered to maintain a public library.
(h) "School board" and "intermediate school board" mean those terms as defined in the revised school code, 1976 PA 451, MCL 380.1 to 380.1852.
History:
2017, Act 38, Eff. Aug. 21, 2017
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 150 of 1923 - Joint Public Buildings (123.921 - 123.925) › Section 123.921 - Public Buildings; Joint Maintenance and Acquisition.

123.921 Public buildings; joint maintenance and acquisition.
Sec. 1.
That whenever the legislative body of any county or township within the state of Michigan and the legislative body of any village or city situated in such county or township shall deem it expedient and for the public convenience and welfare that the offices of the city or village and county or township can be best maintained in the same building and when such legislative bodies shall have so declared by resolution, appearing upon the minutes of said bodies, it shall be lawful for such city or village and county or township and they are hereby authorized and empowered to contract to and with each other, through their proper representatives, for the joint acquiring and maintaining of a building or the acquiring of a site or sites and the erection, construction and maintenance of a building erected for and dedicated to public uses.
History:
1923, Act 150, Eff. Aug. 30, 1923 ;-- CL 1929, 2362 ;-- CL 1948, 123.921
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 150 of 1923 - Joint Public Buildings (123.921 - 123.925) › Section 123.922 - Public Buildings; Contracts.

123.922 Public buildings; contracts.
Sec. 2.
The cities, villages, townships and counties aforesaid, acting under the provisions of this act, shall have power and are hereby authorized, through their proper agents, servants and employes to enter into the necessary contracts with each other and with other persons for the acquiring and maintaining of a building or the acquiring of a site or sites and the erection, construction and maintenance, either jointly or severally, in any manner which may be necessary and which they shall deem expedient for the purpose of establishing and maintaining joint ownership, operation and maintenance of a building or buildings to be used for public purposes to the extent and in the manner now provided by law.
History:
1923, Act 150, Eff. Aug. 30, 1923 ;-- CL 1929, 2363 ;-- CL 1948, 123.922
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 150 of 1923 - Joint Public Buildings (123.921 - 123.925) › Section 123.923 - Public Buildings; Financing Obligations; Joint Ventures.

123.923 Public buildings; financing obligations; joint ventures.
Sec. 3.
The cities, villages, townships and counties aforesaid, acting under the provisions of this act, shall have power and they are hereby authorized to raise by taxation or loan in sum or sums necessary for the payment of obligations entered into under the provisions of this act in the manner and to the extent provided by law for the acquiring and maintenance of public buildings by such municipalities, it being the intent and purpose of this act that counties and cities may enter into joint adventures in the erection of buildings for public purposes to the same extent and with the same authority and power that is granted to counties and cities for the purpose of maintaining separate public buildings.
History:
1923, Act 150, Eff. Aug. 30, 1923 ;-- CL 1929, 2364 ;-- CL 1948, 123.923
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 150 of 1923 - Joint Public Buildings (123.921 - 123.925) › Section 123.924 - Public Buildings; Approval of Contracts.

123.924 Public buildings; approval of contracts.
Sec. 4.
Whenever a village or city or cities and a county or township shall desire to act under the provisions of this law, the relationship established between such municipalities and governmental agencies shall be fixed by contract and such contracts may be made by cities and counties under the provisions of this act in the manner and to the extent that natural persons might make contracts for like purposes. Such contracts before becoming operative shall be approved by a vote of a majority of all the members-elect of the legislative bodies of the counties and cities operating under the provisions of this act.
History:
1923, Act 150, Eff. Aug. 30, 1923 ;-- CL 1929, 2365 ;-- CL 1948, 123.924
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 53 of 1994 - Pooled Investments (123.931 - 123.931) › Section 123.931 - Investments; Computerized Pool; “Local Governmental Unit” Defined; Authorization.

123.931 Investments; computerized pool; “local governmental unit” defined; authorization.
Sec. 1.
(1) Notwithstanding the provisions of 1943 PA 20, MCL 129.91 to 129.96; the surplus funds investment pool act, 1982 PA 367, MCL 129.111 to 129.118; the local government investment pool act, 1985 PA 121, MCL 129.141 to 129.150; the revenue bond act of 1933, 1933 PA 94, MCL 141.101 to 141.140; the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821; or 1948 (1st Ex Sess) PA 31, MCL 123.951 to 123.965, a local governmental unit that maintains or intends to maintain various investments in or as part of a computerized pool and allocates or has allocated portions of the investments to various funds and accounts may continue to do so or may begin to do so if the fund has a written accounting issued at least monthly showing the status of money allocated to each fund and the principal amount of each investment. The interest on the investment may be transferred or expended through pooled concentrated checking accounts or by wire or other transfers. Investments of debt service funds, sinking funds, or other pledged funds relating to 1 or more issues of bonds, notes or other indebtedness of a local governmental unit, may be maintained in or as part of a computerized pool subject to the conditions described in this subsection, unless otherwise prohibited by law or contract, but a computerized pool for such funds shall be maintained separately from any computerized pool for other funds and accounts of the local governmental unit.
(2) As used in this section, "local governmental unit" means a county, city, village, township, drainage district, road commission, building authority, or other municipal or public corporation or authority, and any other governing body described in the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821.
(3) This act authorizes the holding and accounting of electronically pooled investments but is not intended to permit types or categories of investments not currently authorized by law or contract.
History:
1994, Act 53, Imd. Eff. Mar. 31, 1994 ;-- Am. 2002, Act 403, Imd. Eff. June 3, 2002
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.951 - Local Building Authorities; Incorporation; Purposes; "Transit-Oriented Development" and "Transit-Oriented Facility" Defined.

123.951 Local building authorities; incorporation; purposes; "transit-oriented development" and "transit-oriented facility" defined.
Sec. 1.
(1) A county, city, village, or township may incorporate, as provided in this act, 1 or more authorities for the purpose of acquiring, furnishing, equipping, owning, improving, enlarging, operating and maintaining a building or buildings, automobile parking lots or structures, transit-oriented developments, transit-oriented facilities, recreational facilities, stadiums, and the necessary site or sites therefore, together with appurtenant properties and facilities necessary or convenient for the effective use of the facilities, for use for any legitimate public purpose of the county, city, village, or township.
(2) As used in this section:
(a) "Transit-oriented development" means infrastructure improvements that are located within 1/2 mile of a transit station or transit-oriented facility that promotes transit ridership or passenger rail use.
(b) "Transit-oriented facility" means a facility that houses a transit station in a manner that promotes transit ridership or passenger rail use.
History:
1948, 1st Ex. Sess., Act 31, Imd. Eff. May 10, 1948 ;-- CL 1948, 123.951 ;-- Am. 1954, Act 113, Imd. Eff. Apr. 15, 1954 ;-- Am. 1955, Act 25, Imd. Eff. Apr. 7, 1955 ;-- Am. 1964, Act 41, Imd. Eff. May 6, 1964 ;-- Am. 1968, Act 96, Imd. Eff. June 6, 1968 ;-- Am. 1970, Act 47, Imd. Eff. July 2, 1970 ;-- Am. 1992, Act 278, Imd. Eff. Dec. 18, 1992 ;-- Am. 1993, Act 121, Imd. Eff. July 20, 1993 ;-- Am. 2010, Act 243, Imd. Eff. Dec. 14, 2010
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.952 - Joint Buildings and Parking Lots; Authorities; Incorporation; Purposes.

123.952 Joint buildings and parking lots; authorities; incorporation; purposes.
Sec. 2.
Any combination of 2 or more counties, cities, townships, or villages may incorporate 1 or more joint authorities for the purpose of acquiring, furnishing, equipping, owning, improving, enlarging, operating, and maintaining buildings, automobile parking lots or structures, recreational facilities, stadiums, and the necessary sites therefor, together with appurtenant properties and facilities necessary or convenient for the effective use thereof, for use for any legitimate public purpose of the incorporating units.
History:
1948, 1st Ex. Sess., Act 31, Imd. Eff. May 10, 1948 ;-- CL 1948, 123.952 ;-- Am. 1964, Act 41, Imd. Eff. May 6, 1964 ;-- Am. 1968, Act 96, Imd. Eff. June 6, 1968 ;-- Am. 1969, Act 46, Imd. Eff. July 17, 1969 ;-- Am. 1970, Act 47, Imd. Eff. July 2, 1970 ;-- Am. 1995, Act 147, Imd. Eff. July 11, 1995
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.952a - Joint Buildings and Parking Lots of School Districts and Municipalities; Authorities; Incorporation; Acquisition; Operation; Maintenance; Use.

123.952a Joint buildings and parking lots of school districts and municipalities; authorities; incorporation; acquisition; operation; maintenance; use.
Sec. 2a.
A school district and a city, village, or township wholly or partially within the district's boundaries, or a school district and any combination of 2 or more cities, villages, and townships wholly or partially within the district's boundaries, may incorporate 1 or more authorities for the purpose of acquiring, furnishing, equipping, owning, improving, enlarging, operating, and maintaining buildings, automobile parking lots or structures, recreational facilities, stadiums, and the necessary site or sites therefor, together with appurtenant properties and facilities necessary or convenient for the effective use thereof, for the use of the local units.
History:
Add. 1967, Act 200, Imd. Eff. June 30, 1967 ;-- Am. 1968, Act 96, Imd. Eff. June 6, 1968 ;-- Am. 1969, Act 46, Imd. Eff. July 17, 1969 ;-- Am. 1995, Act 147, Imd. Eff. July 11, 1995
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.952b - Public Buildings Used for Disabled, Developmentally Disabled, or Mentally Disturbed Children; Constituent School Districts and Intermediate School Districts; Authority; Purpose; Contract.

123.952b Public buildings used for disabled, developmentally disabled, or mentally disturbed children; constituent school districts and intermediate school districts; authority; purpose; contract.
Sec. 2b.
An intermediate school district and a constituent school district or districts wholly or partially within the intermediate school district's boundaries may incorporate an authority for the purpose of acquiring, furnishing, equipping, owning, improving, enlarging, operating, and maintaining a building or buildings as a facility for disabled, developmentally disabled, or mentally disturbed children, and the necessary site or sites therefor, for the use of the intermediate school district and a constituent school district or districts pursuant to a contract between the intermediate school district and constituent school district or districts.
History:
Add. 1968, Act 96, Imd. Eff. June 6, 1968 ;-- Am. 1998, Act 25, Imd. Eff. Mar. 12, 1998 ;-- Am. 2014, Act 70, Imd. Eff. Mar. 28, 2014
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.953 - Incorporating Unit; Definition.

123.953 Incorporating unit; definition.
Sec. 3.
The term "incorporating unit" as used in this act shall be deemed to mean a county, city, village, township, intermediate school district or other school district incorporating an authority or joining in such incorporation.
History:
1948, 1st Ex. Sess., Act 31, Imd. Eff. May 10, 1948 ;-- CL 1948, 123.953 ;-- Am. 1967, Act 200, Imd. Eff. June 30, 1967 ;-- Am. 1968, Act 96, Imd. Eff. June 6, 1968
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.954 - Incorporation of Authority; Procedure.

123.954 Incorporation of authority; procedure.
Sec. 4.
The incorporation of such an authority shall be accomplished by the adoption of articles of incorporation by the legislative body of each incorporating unit. For such adoption, the affirmative vote of the majority of the members elect of each such legislative body shall be required. The articles of incorporation shall be executed, for and on behalf of each incorporating unit by the following officers, to-wit: For the county, by the chairman of the board of commissioners and county clerk; for the city, by its mayor and city clerk; for the village, by its president and clerk; for the township, by its supervisor and clerk; and for the school district or intermediate school district, by the president and secretary of the board of education. The clerk or secretary of each incorporating unit shall also affix to the articles of incorporation following the signatures thereto, a certificate in form substantially as follows:
"The foregoing articles of incorporation were adopted by the ............. of the ..... of ........... County, Michigan, at a meeting duly held on the ............ day of ........, 19 .....
Dated: ................., 19 .......
................................................ (Clerk/Secretary)"
History:
1948, 1st Ex. Sess., Act 31, Imd. Eff. May 10, 1948 ;-- CL 1948, 123.954 ;-- Am. 1954, Act 113, Imd. Eff. Apr. 15, 1954 ;-- Am. 1967, Act 200, Imd. Eff. June 30, 1967 ;-- Am. 1968, Act 96, Imd. Eff. June 6, 1968 ;-- Am. 1973, Act 110, Imd. Eff. Aug. 19, 1973
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.955 - County and Municipal Building Authority; Articles of Incorporation; Contents; Eligibility of Governing Body Member for Membership or Appointment.

123.955 County and municipal building authority; articles of incorporation; contents; eligibility of governing body member for membership or appointment.
Sec. 5.
(1) The articles of incorporation shall set forth all of the following:
(a) The name of the authority.
(b) The name or names of the unit or units incorporating the authority.
(c) The purpose for which the authority is incorporated.
(d) The number, terms, and manner of selection of the officers of the authority including its governing body, which shall be known as the "commission".
(e) The powers and duties of the authority and of its officers.
(f) The date upon which the authority shall become effective.
(g) The officer required to publish the articles of incorporation and the name of the newspaper in which the articles of incorporation shall be published.
(h) The county with whose clerk the articles of incorporation shall be filed, which shall be a county that is an incorporating unit or in which an incorporating unit is located.
(i) Any other matters considered expedient.
(2) A member of the governing body of an incorporating unit of an authority is not eligible for membership or appointment to the authority.
History:
1948, 1st Ex. Sess., Act 31, Imd. Eff. May 10, 1948 ;-- CL 1948, 123.955 ;-- Am. 1955, Act 143, Eff. Oct. 14, 1955 ;-- Am. 1995, Act 147, Imd. Eff. July 11, 1995
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.955a - Joint Building Authority; Commissioners; Election and Terms of Members; Chairperson; Secretary; Bylaws and Rules of Procedure; Elected Official as Member; Conducting Business at Public Meeting; Notice of Meeting.

123.955a Joint building authority; commissioners; election and terms of members; chairperson; secretary; bylaws and rules of procedure; elected official as member; conducting business at public meeting; notice of meeting.
Sec. 5a.
(1) A joint building authority under section 2 incorporated by a county and a city, township, or village shall be directed and governed by a commission of 3 members, 1 to be elected by the county board of commissioners of the county, 1 to be elected by the legislative body of the city, township, or village, and 1 to be elected by the joint action of the county board of commissioners of the county and the legislative body of the city, township, or village. If the legislative bodies are unable to agree upon a choice for the third member within 60 days after the election of the first member, then the third member shall be appointed by the governor.
(2) A joint building authority under section 2 not described by subsection (1) shall be directed and governed by a commission consisting of 1 member elected by the legislative body of each incorporating unit and such other members as may be provided by the articles of incorporation.
(3) The commissioners of a joint building authority under section 2 shall serve for 4-year terms.
(4) The commission shall designate 1 member as chairperson and 1 as secretary, and shall adopt bylaws and rules of procedure. A member of the commission of a joint building authority shall not be an elected official of the county, city, township, or village.
(5) The business that the commission of any building authority performs shall be conducted at a public meeting of the board of commissioners held in compliance with the open meetings act, Act No. 267 of the Public Acts of 1976, being sections 15.261 to 15.275 of the Michigan Compiled Laws. Public notice of the time, date, and place of the meeting shall be given in the manner required by Act No. 267 of the Public Acts of 1976.
History:
1948, 1st Ex. Sess., Act 31, Imd. Eff. May 10, 1948 ;-- CL 1948, 123.955a ;-- Am. 1968, Act 96, Imd. Eff. June 6, 1968 ;-- Am. 1973, Act 110, Imd. Eff. Aug. 19, 1973 ;-- Am. 1977, Act 181, Imd. Eff. Nov. 17, 1977 ;-- Am. 1995, Act 147, Imd. Eff. July 11, 1995
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.955b - Board of Commissioners; Compensation, per Diem, Mileage.

123.955b Board of commissioners; compensation, per diem, mileage.
Sec. 5b.
Members of the commission may be paid such compensation, and such per diem and mileage for attending meetings, as may be provided by the commission with the approval of the incorporating unit or units.
History:
Add. 1968, Act 96, Imd. Eff. June 6, 1968
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.956 - Articles of Incorporation; Publication; Statement; Filing; Effective Date; Presumption.

123.956 Articles of incorporation; publication; statement; filing; effective date; presumption.
Sec. 6.
(1) The officer designated in the articles of incorporation shall cause a copy of the articles of incorporation or a summary of the articles to be published once in a newspaper designated in the articles of incorporation and circulating within the incorporating units accompanied by a statement that the right exists to question the incorporation in court as provided in this section. The officer shall file with the county clerk of the county designated under section 5(1)(h) and the secretary of state a certified copy of the articles of incorporation with a certificate of the date and newspaper of publication. The officer shall file with the recording officer of the authority, when selected, the original articles of incorporation with a certificate of the date and newspaper of publication.
(2) The authority shall become effective at the time provided in the articles of incorporation.
(3) The validity of the incorporation shall be conclusively presumed unless questioned in a court of competent jurisdiction within 60 days after the filing of the certified copies with the secretary of state and the county clerk.
History:
1948, 1st Ex. Sess., Act 31, Imd. Eff. May 10, 1948 ;-- CL 1948, 123.956 ;-- Am. 1973, Act 110, Imd. Eff. Aug. 19, 1973 ;-- Am. 1995, Act 147, Imd. Eff. July 11, 1995
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.957 - Building Authority; Body Corporate; Powers.

123.957 Building authority; body corporate; powers.
Sec. 7.
Such authority shall be a body corporate with power to sue and be sued in any court of this state. It shall possess all the powers necessary to carry out the purpose of its incorporation and those incident thereto. The enumeration of any powers in this act shall not be construed as a limitation upon such general powers.
History:
1948, 1st Ex. Sess., Act 31, Imd. Eff. May 10, 1948 ;-- CL 1948, 123.957
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.958a - Agreement in Contract of Lease to Pay Cash Rental, Costs, and Expenses; General Obligations; Tax Levy; Other Funds; Setoff or Abatement of Cash Rentals.

123.958a Agreement in contract of lease to pay cash rental, costs, and expenses; general obligations; tax levy; other funds; setoff or abatement of cash rentals.
Sec. 8a.
(1) The incorporating unit or units contracting under this act shall in the contract of lease agree to pay to the authority, as cash rental for the property, periodic amounts or their designated shares of periodic amounts that are sufficient to enable the authority to pay the principal of and the interest on the authorized bonds when due either at maturity of the bonds, or, in the case of term bonds, by the required prior redemption or maturity of the bonds. The incorporating unit or units may also agree to pay the costs and expenses of operation and maintenance of the property and the operating expenses of the authority including expenses incidental to the issuance and payment of the bonds. The obligations set forth in this subsection shall, unless specifically stated to the contrary in the contract of lease, be general obligations of the incorporating unit or units.
(2) If bonds are issued by the authority in anticipation of a full faith and credit contractual general obligation of the incorporating unit or units to pay the cash rental, as provided in this section, then the incorporating unit or units shall levy each year ad valorem taxes that are necessary for the payment of the cash rental in anticipation of which bonds are issued. These taxes may be levied without limitation as to rate or amount and shall be in addition to any other taxes that the incorporating unit or units may otherwise be authorized to levy, but not in an amount or at a rate exceeding that necessary to pay the contractual obligation. If the incorporating unit or units, at the time prescribed by law for the making of a tax levy, have other funds on hand that have been set aside and earmarked for payment of its obligations for which a tax levy would otherwise have to be made, then the tax levy shall be reduced by the amount of the other funds.
(3) The incorporating unit or units may raise and provide other funds from any lawful source, including but not limited to money received from the state or other governmental entity for use to pay rental to the authority, from the sublease or contract for the use of the property by any person, firm, or corporation, or from revenues earned by the incorporating unit from operation of the property. The contract of lease may provide the obligation of the incorporating unit for the payment of the cash rental shall not be subject to setoff by the incorporating unit nor shall there be an abatement of the cash rentals for any cause including, but not limited to, casualty that results in the property being untenantable.
History:
Add. 1973, Act 110, Imd. Eff. Aug. 19, 1973 ;-- Am. 1978, Act 365, Imd. Eff. July 22, 1978 ;-- Am. 1992, Act 278, Imd. Eff. Dec. 18, 1992
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.958c - Violation of MCL 168.1 to 168.992 Applicable to Petitions; Penalties.

123.958c Violation of MCL 168.1 to 168.992 applicable to petitions; penalties.
Sec. 8c.
A petition under section 8b, including the circulation and signing of the petition, is subject to section 488 of the Michigan election law, 1954 PA 116, MCL 168.488. A person who violates a provision of the Michigan election law, 1954 PA 116, MCL 168.1 to 168.992, applicable to a petition described in this section is subject to the penalties prescribed for that violation in the Michigan election law, 1954 PA 116, MCL 168.1 to 168.992.
History:
Add. 1998, Act 190, Eff. Mar. 23, 1999
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.959 - Building Authority; Acquisition of Property, Condemnation.

123.959 Building authority; acquisition of property, condemnation.
Sec. 9.
For the purpose of accomplishing the objects of its incorporation the authority may acquire property by purchase, construction, lease, gift, devise or condemnation, and for the purpose of condemnation, it may proceed under the provisions of Act No. 149 of the Public Acts of 1911, as amended, being sections 213.21 to 213.41 of the Compiled Laws of 1948, or any other appropriate statute.
The legislative body of any incorporating unit, by a majority vote of the members thereof, may transfer any real property except cemetery property owned by the incorporating unit to an authority established pursuant to this act.
History:
1948, 1st Ex. Sess., Act 31, Imd. Eff. May 10, 1948 ;-- CL 1948, 123.959 ;-- Am. 1962, Act 14, Imd. Eff. Mar. 14, 1962 ;-- Am. 1968, Act 96, Imd. Eff. June 6, 1968
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.960 - Amendment of Articles of Incorporation.

123.960 Amendment of articles of incorporation.
Sec. 10.
Amendments may be made to articles of incorporation if adopted by the legislative body of each incorporating unit: Provided, That no such amendment shall impair the obligation of any bond or other contract. Any city or village which is the county seat of a county incorporating an authority under the provisions of this act, may become an incorporating unit of the authority by amendment to the articles of incorporation adopted by the legislative body of such city or village and by the legislative body of the county. Any such city or village shall thereafter be deemed to be an incorporating unit. Each amendment shall be adopted, executed and published, and certified printed copies filed, in the same manner as above specified for the original articles of incorporation, in so far as applicable.
History:
1948, 1st Ex. Sess., Act 31, Imd. Eff. May 10, 1948 ;-- CL 1948, 123.960
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.961a - Building Authority Revenue Bonds or Building Authority Revenue Refunding Bonds; Purpose; Prerequisites of Issuance.

123.961a Building authority revenue bonds or building authority revenue refunding bonds; purpose; prerequisites of issuance.
Sec. 11a.
For the purpose of defraying all or part of the cost of acquiring, improving, and enlarging any building or buildings, automobile parking lots or structures, recreational facilities, stadiums, and the necessary site or sites for the property, together with appurtenant properties and facilities necessary or convenient for the effective use of the property; furnishing and equipping the same; or refunding outstanding bonds as provided in section 11k, the authority, after execution of a contract of lease which is not a full faith and credit general obligation, as provided in this act, and pursuant to ordinance or resolution duly adopted by a majority vote of the elected members of the commission, may issue its negotiable bonds in anticipation of the contract obligations of the incorporating unit or units to make cash rental payments to the authority and may pledge the receipts from those payments for payment of the bonds and the interest on the bonds. Bonds shall not be issued unless the property has been leased by the authority to its incorporating unit or units for a period extending beyond the last maturity of the bonds and no maturity shall in any event be more than 40 years from the date of the bonds. The bonds shall be called building authority revenue bonds, or, in the case of bonds issued to refund outstanding bonds, the bonds shall be called building authority revenue refunding bonds.
History:
Add. 1973, Act 110, Imd. Eff. Aug. 19, 1973 ;-- Am. 1980, Act 74, Imd. Eff. Apr. 3, 1980
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.961b - Ordinance or Resolution Authorizing Issuance of Bonds; Adoption; Contents.

123.961b Ordinance or resolution authorizing issuance of bonds; adoption; contents.
Sec. 11b.
The ordinance or resolution authorizing issuance of bonds shall become effective upon its adoption unless otherwise specified in the ordinance or resolution and shall be recorded in the minutes of the commission as soon as practicable after its passage. The provisions of this section shall constitute the sole requirements with respect to the adoption of any such ordinance or resolution. The ordinance or resolution authorizing the bonds shall set forth a brief description of the contract of lease, the contemplated project, the estimated cost of the contemplated project, the estimated period of usefulness of the contemplated project, and the amount and maximum rate of interest and time of payment of the bonds.
History:
Add. 1973, Act 110, Imd. Eff. Aug. 19, 1973 ;-- Am. 1980, Act 74, Imd. Eff. Apr. 3, 1980
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.961c - Repealed. 2002, Act 306, Imd. Eff. May 13, 2002.

123.961c Repealed. 2002, Act 306, Imd. Eff. May 13, 2002.
Compiler's Notes:
The repealed section pertained to payment, redemption, execution, and tax exemption of serial and term bonds.
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.961d - Bonds; Statutory Lien.

123.961d Bonds; statutory lien.
Sec. 11d.
There shall be created in the authorizing ordinance or resolution a lien by this act made a statutory lien upon the cash rental payments required to be paid by the contract of lease which are pledged to the payment of the principal of and interest on the bonds to and in favor of the holders of the bonds and the interest coupons pertaining thereto. The amounts so pledged shall be and remain subject to the statutory lien until the payment in full of the principal of and interest on the bonds. The holder or holders of bonds representing in the aggregate not less than 20% of the entire issue then outstanding may by suit, action, or other proceedings protect and enforce such statutory lien and enforce and compel the performance of all duties of the officials of the authority, including, but not limited to, compelling the incorporating unit or units by proceedings in a court of competent jurisdiction or other appropriate forum to make the cash rental payments required to be made by the contract of lease, and requiring the incorporating unit or units to certify, levy, and collect appropriate taxes as herein authorized and as may be required by the contract of lease to be so certified, levied, and collected by the incorporating unit or units for the payment of the cash rental required to be paid by the contract of lease.
History:
Add. 1973, Act 110, Imd. Eff. Aug. 19, 1973
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.961e - Bonds; Use and Disposition of Proceeds.

123.961e Bonds; use and disposition of proceeds.
Sec. 11e.
All moneys received from the sale of bonds shall be used solely for the purpose for which the bonds were authorized including any engineering, architectural, legal, and other expenses incident thereto and to the issuance of the bonds and including also the payment of the interest on the bonds during a period not to exceed the first 3 years following the date of the bonds and an amount required for the project for operation and maintenance, if appropriate, prior to the receipt of the first revenues from the operation of the project by the incorporating unit or units. Any unexpended balance of the proceeds of sale of the bonds remaining after completion of the project for which issued may be used for the improvements or enlargement of the project for which issued or for other projects of the authority leased to the incorporating unit or units if such use is approved by the department of treasury and the incorporating unit or units. Any remaining balance shall be paid into the bond and interest redemption fund of the authority for the bonds in which event the incorporating unit or units may be provided a credit against the cash rental payments next due under contract of lease to the extent of the moneys so deposited in the manner provided in the ordinance or resolution authorizing the bonds.
History:
Add. 1973, Act 110, Imd. Eff. Aug. 19, 1973 ;-- Am. 1983, Act 29, Imd. Eff. May 6, 1983
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.961f - Additional Bonds.

123.961f Additional bonds.
Sec. 11f.
The commission in the ordinance or resolution authorizing the bonds may provide for issuance of 1 or more series of additional bonds to complete the project for which the bonds are issued or to make improvements or additions thereto under the terms and conditions as shall be prescribed in the ordinance or resolution authorizing the bonds, one of which shall be a requirement of a sufficient increase in the cash rentals required to be paid under the contract of lease to permit payment of the principal and interest on the additional bonds. The additional bonds when sold and delivered shall have equal standing with those issued in the first instance. The provisions of this act providing for annual installments and the amount thereof and the due date of the first installment for serial bonds shall not be controlling as to additional series of bonds. The bonds issued in the original instance, any additional bonds of equal standing then outstanding, and the proposed additional bonds shall be treated as a single issue for purposes of complying with the requirements of this act for the due date of the first installment and for annual installments with respect to serial bonds.
History:
Add. 1973, Act 110, Imd. Eff. Aug. 19, 1973
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.961g - Bond and Interest Redemption Fund.

123.961g Bond and interest redemption fund.
Sec. 11g.
The ordinance or resolution authorizing the bonds shall establish a bond and interest redemption fund into which shall be paid all cash rentals required to be paid by the incorporating unit or units under the contract of lease which are pledged for the payment of bonds issued under this act and such other sums as shall be required by the ordinance or resolution to be paid therein and shall establish such other funds and accounts and provide for deposits thereto as the governing body shall prescribe in the ordinance or resolution authorizing the bonds. All moneys in the funds and accounts established by the ordinance or resolution authorizing the bonds, including the proceeds of sale of the bonds, shall be deposited with 1 or more banks designated by the commission. Moneys in the bond and interest redemption fund shall be kept in a separate depository account kept with 1 or more of the banks or trust companies where the principal of and interest on the bonds are payable. Moneys in the several funds and accounts may be invested in United States government obligations or obligations the principal of and interest on which are guaranteed by the United States government or in interest bearing time deposits as shall be determined by the commission in the ordinance or resolution authorizing the bonds.
History:
Add. 1973, Act 110, Imd. Eff. Aug. 19, 1973
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.961h - Redemption of Bonds Prior to Maturity.

123.961h Redemption of bonds prior to maturity.
Sec. 11h.
The commission may make provision in the ordinance or resolution authorizing the bonds for the redemption thereof prior to maturity.
History:
Add. 1973, Act 110, Imd. Eff. Aug. 19, 1973
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.961i - Repealed. 2002, Act 306, Imd. Eff. May 13, 2002.

123.961i Repealed. 2002, Act 306, Imd. Eff. May 13, 2002.
Compiler's Notes:
The repealed section pertained to issuance of bonds by municipal finance commission or successor agency.
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.961j - Bonds Subject to Revised Municipal Finance Act; Tax Exemption.

123.961j Bonds subject to revised municipal finance act; tax exemption.
Sec. 11j.
(1) All bonds authorized under this act are subject to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821.
(2) The principal and interest on bonds issued under this act are exempt from taxation by this state and by any other taxing authority within this state.
History:
Add. 1973, Act 110, Imd. Eff. Aug. 19, 1973 ;-- Am. 1978, Act 365, Imd. Eff. July 22, 1978 ;-- Am. 1980, Act 74, Imd. Eff. Apr. 3, 1980 ;-- Am. 1983, Act 29, Imd. Eff. May 6, 1983 ;-- Am. 2002, Act 306, Imd. Eff. May 13, 2002
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.961k - Repealed. 2002, Act 306, Imd. Eff. May 13, 2002.

123.961k Repealed. 2002, Act 306, Imd. Eff. May 13, 2002.
Compiler's Notes:
The repealed section pertained to bonds issued to refund outstanding bonds.
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.962 - Tax Exemption for Property.

123.962 Tax exemption for property.
Sec. 12.
All property owned by any authority shall be exempt from taxation by the state or any taxing unit therein.
History:
1948, 1st Ex. Sess., Act 31, Imd. Eff. May 10, 1948 ;-- CL 1948, 123.962
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.963 - Bonds; Retirement; Conveyance of Title to Property.

123.963 Bonds; retirement; conveyance of title to property.
Sec. 13.
When all bonds issued pursuant to the provisions of this act shall have been retired, then the authority shall convey the title to the property acquired hereunder to the incorporating unit or units in accordance with the provisions therefor contained in the articles of incorporation, or contract of lease, or, if there be no such provisions, then in accordance with the directions of the governing body of the incorporating unit or any agreement adopted by the respective governing bodies of the incorporating units.
History:
1948, 1st Ex. Sess., Act 31, Imd. Eff. May 10, 1948 ;-- CL 1948, 123.963 ;-- Am. 1968, Act 96, Imd. Eff. June 6, 1968 ;-- Am. 1973, Act 110, Imd. Eff. Aug. 19, 1973
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.964 - Construction of Act.

123.964 Construction of act.
Sec. 14.
The powers herein granted shall be in addition to those granted by any statute or charter.
History:
1948, 1st Ex. Sess., Act 31, Imd. Eff. May 10, 1948 ;-- CL 1948, 123.964
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965) › Section 123.965 - Validation of Prior Authorities, Actions, and Bonds.

123.965 Validation of prior authorities, actions, and bonds.
Sec. 15.
All authorities heretofore incorporated, all actions heretofore taken, and all bonds heretofore issued under this act, as originally adopted or subsequently amended, and which incorporation actions and bonds do not violate the provisions of this act as amended by the 1968 or any subsequent amendatory act, are validated. No authority incorporated under this act, as originally adopted or subsequently amended, nor any incorporating unit or units thereof, shall contest the validity of any such bonds or any lease or contract which provides the security therefor after they have been sold and delivered and the authority has received the consideration therefor.
History:
Add. 1955, Act 25, Imd. Eff. Apr. 7, 1955 ;-- Am. 1968, Act 96, Imd. Eff. June 6, 1968 ;-- Am. 1970, Act 47, Imd. Eff. July 2, 1970 ;-- Am. 1973, Act 110, Imd. Eff. Aug. 19, 1973
2023 Michigan Compiled Laws › Chapter 123 - Local Government › Act 93 of 1957 - Annexation of State-Owned Land (123.981 - 123.983) › Section 123.981 - Annexation of State-Owned Land by Cities Under Special Charter; Election; Date; Manner; Costs.

123.981 Annexation of state-owned land by cities under special charter; election; date; manner; costs.
Sec. 1.
When a petition signed by the state by the appropriate agency designated by the state administrative board which holds the record legal title to the entire area of the land in the territory to be annexed, which is adjacent to any city operating under a special charter, is filed with the governing body of the city and with the township board of the township in which the territory is situated, the annexation shall be accomplished by the affirmative majority vote of the qualified and registered electors of such city voting on the question, and the affirmative majority vote of the qualified and registered electors of such township voting on the question.
The date of such election shall be determined by joint resolution of the governing body of the city and the township board, which date shall be at least 60 but not more than 90 days following the filing of the petitions unless a city or township election shall be held at least 45 but not more than 120 days from the date of the filing of the petition in which case such election shall be held on the same day as such city or township election. The governing body of the city and the township board shall forward a copy of the joint resolution to the county clerk of the county in which such city and township are located and the county clerk shall conduct such election in the same manner as county elections are conducted. All costs of ballots and other election supplies shall be borne by the city and township in proportion to the votes cast for governor in the last gubernatorial election.
History:
1957, Act 93, Eff. Sept. 27, 1957 ;-- Am. 1958, Act 50, Imd. Eff. Apr. 7, 1958