2006 Michigan Compiled Laws - Act 59 of 1986


RESORT DISTRICT REHABILITATION ACT

Act 59 of 1986

AN ACT to authorize the establishment of a resort district authority; to prescribe its powers and duties; to correct and prevent deterioration in resort districts; to encourage historic preservation; to authorize the acquisition and disposal of interests in real and personal property; to authorize the creation and implementation of rehabilitation plans in the districts; to create a board and to prescribe its powers and duties; to authorize the levy and collection of taxes; and to authorize the issuance of bonds and other evidences of indebtedness.


History: 1986, Act 59, Imd. Eff. Mar. 26, 1986




The People of the State of Michigan enact:

DocumentDescription
Section 125.2201Short title.
Section 125.2202Definitions.
Section 125.2203Resort district authority; establishment; inclusion of parcel of property; approval by resolution; nature and powers of authority; tax limitations.
Section 125.2204Resolution of intent to create and provide for operation of authority; public hearing; notice; right to be heard.
Section 125.2205Ordinance or resolution establishing authority; filing; publication.
Section 125.2206Board; appointment, qualifications, and terms of members; vacancy; compensation; election of chairperson; oath of office.
Section 125.2207Determination and submission of proposed boundaries and millage to township board; approval by resolution; election; notice; approval of proposition.
Section 125.2208Ad valorem tax on property located in resort district; mills; limitation; collection; disposition; borrowing money and issuing notes; extension of tax.
Section 125.2209Conducting business at public meeting; notice; procedural rules; meetings; removal of member; review; expense items; financial records; writings available to public.
Section 125.2210Director.
Section 125.2211Employment of personnel; contracts.
Section 125.2212Powers of board.
Section 125.2213Revenue bonds.
Section 125.2214Bonds to finance rehabilitation plan.
Section 125.2215Rehabilitation plan; preparation; contents.
Section 125.2216Rehabilitation plan; public hearing; notice; opportunity for interested persons to be heard; receipt and consideration of written communications; opinions; arguments; documentary evidence; record of hearing.
Section 125.2217Rehabilitation plan as constituting public purpose; approval or rejection of plan; consideration; amendments to plan.
Section 125.2218Budget; assessment.
Section 125.2219Dissolution of authority; resolution; disposition of property and assets.

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