PART

DOWNTOWN DEVELOPMENT AUTHORITIES

Mich. Comp. Laws § 125.4201— Definitions
Mich. Comp. Laws § 125.4201a— Legislative findings
Mich. Comp. Laws § 125.4202— Authority; establishment; restriction; public body corporate; powers generally
Mich. Comp. Laws § 125.4203— Resolution of intent to create and provide for operation of authority; public hearing on proposed ordinance creating authority and designating boundaries of downtown district; notice; exemption of taxes from capture; action by library board or commission; adoption, filing, and publication of ordinance; altering or amending boundaries; agreement with adjoining municipality; agreement with qualified township
Mich. Comp. Laws § 125.4203a— Authority of annexing or consolidated municipality; obligations, agreements, and bonds
Mich. Comp. Laws § 125.4203b— Ratification and validation of ordinance and actions; compliance
Mich. Comp. Laws § 125.4203c— Proceedings or findings; validity
Mich. Comp. Laws § 125.4203d— Establishment or amendment of authority, district, or plan; notice; publication or posting
Mich. Comp. Laws § 125.4204— Board; appointment, terms, and qualifications of members; vacancy; compensation and expenses; election of chairperson; appointment as public official; oath; conducting business at public meeting; public notice; special meetings; removal of member; review; expense items and financial records; availability of writings to public; single board governing all authorities; member as resident or having interest in property; planning commission serving as board in certain municipalities; modification by interlocal agreement
Mich. Comp. Laws § 125.4205— Director; acting director; treasurer; secretary; legal counsel; other personnel
Mich. Comp. Laws § 125.4206— Participation of employees in municipal retirement and insurance programs
Mich. Comp. Laws § 125.4207— Powers of board; creation, operation, or funding of retail business incubator
Mich. Comp. Laws § 125.4208— Board serving as planning commission; agenda
Mich. Comp. Laws § 125.4209— Authority as instrumentality of political subdivision
Mich. Comp. Laws § 125.4210— Taking, transfer, and use of private property
Mich. Comp. Laws § 125.4211— Financing activities of authority; disposition of money received by authority; municipal obligations
Mich. Comp. Laws § 125.4212— Ad valorem tax; borrowing in anticipation of collection
Mich. Comp. Laws § 125.4213— Revenue bonds
Mich. Comp. Laws § 125.4213a— Borrowing money; issuing revenue bonds or notes; purpose; costs; security; pledge and lien of pledge valid and binding; filing or recordation not required; tax exemption; bonds or notes neither liability nor debt of municipality; statement; investment and deposit of bonds and notes
Mich. Comp. Laws § 125.4213b— Insufficient tax increment revenues to repay advance or pay obligation; contents, time, and payment of claim; appropriation and distribution of aggregate amount; limitations; distribution subject to lien; obligation as debt or liability; certification of distribution amount; basis for calculation of distributions and claim reports
Mich. Comp. Laws § 125.4213c— Retention and payment of taxes levied under state education tax act; conditions; application by authority for approval; information to be included; approval, modification, or denial of application by department of treasury; appropriation and distribution of amount; calculation of aggregate amount; lien; reimbursement calculations; legislative intent
Mich. Comp. Laws § 125.4214— Tax increment financing plan; preparation and contents; limitation; public hearing; fiscal and economic implications; recommendations; agreements; modification of plan; catalyst development project
Mich. Comp. Laws § 125.4215— Transmitting and expending tax increments revenues; reversion of surplus funds; abolishment of tax increment financing plan; conditions
Mich. Comp. Laws § 125.4216— General obligation bonds and tax increment bonds; qualified refunding obligation
Mich. Comp. Laws § 125.4217— Development plan; preparation; contents
Mich. Comp. Laws § 125.4218— Ordinance approving or amending development plan or tax increment financing plan; public hearing; notice; record
Mich. Comp. Laws § 125.4219— Development plan or tax increment financing plan as constituting public purpose; determination; ordinance; considerations; amendments; incorporation of catalyst development project plan
Mich. Comp. Laws § 125.4220— Notice to vacate
Mich. Comp. Laws § 125.4221— Development area citizens council; establishment; appointment and qualifications of members; representative of development area
Mich. Comp. Laws § 125.4222— Development area citizens council; advisory body
Mich. Comp. Laws § 125.4223— Consultation
Mich. Comp. Laws § 125.4224— Development area citizens council; meetings; notice; record; information and technical assistance; failure to organize, consult, or advise
Mich. Comp. Laws § 125.4225— Citizens district council as development area citizens council
Mich. Comp. Laws § 125.4226— Notice of findings and recommendations
Mich. Comp. Laws § 125.4227— Development area citizens council; dissolution
Mich. Comp. Laws § 125.4228— Budget; cost of handling and auditing funds
Mich. Comp. Laws § 125.4228a— Exemption
Mich. Comp. Laws § 125.4229— Historic sites
Mich. Comp. Laws § 125.4230— Dissolution of authority; disposition of property and assets; reinstatement of authority; contesting validity of proceedings, findings, and determinations