2012 Michigan Compiled Laws
Chapter 141 — MUNICIPAL FINANCING
Act 203 of 1999 — THE CONVENTION FACILITY AUTHORITY ACT (141.1401 - 141.1414)
Section 141.1402 — Legislative findings.
THE CONVENTION FACILITY AUTHORITY ACT (EXCERPT)
Act 203 of 1999
141.1402 Legislative findings.
Sec. 2.
The legislature of this state finds that there exists in this state a continuing need for programs to promote tourism and convention business in order to assist in the prevention of unemployment and the alleviation of the conditions of unemployment, to preserve existing jobs, and to create new jobs to meet the employment demands of population growth. To achieve these purposes, it is necessary to assist and encourage local units of government to acquire, construct, improve, enlarge, renew, replace, repair, finance, furnish, and equip convention facilities and the real property on which they are located and to refinance these activities.
History: 1999, Act 203, Imd. Eff. Dec. 21, 1999
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