2010 Michigan Compiled Laws
Chapter 254 - BRIDGES
Act 214 of 1952 - MACKINAC BRIDGE AUTHORITY (254.311 - 254.332)

MACKINAC BRIDGE AUTHORITY
Act 214 of 1952
AN ACT authorizing the Mackinac bridge authority to acquire a bridge connecting the upper and lower peninsulas of Michigan, including causeways, tunnels, roads and all useful related equipment and facilities, including park, parking, recreation, lighting and terminal facilities; extending the corporate existence of the authority; authorizing such authority to enjoy and carry out all powers incident to its corporate objects; authorizing the appropriation and use of state funds for the preliminary purposes of the authority; providing for the payment of the cost of such bridge and in that connection authorizing the authority to issue revenue bonds payable solely from the revenues of the bridge; granting the right of condemnation to the authority; granting the use of state land and property to the authority; making provisions for the payment and security of such bonds and granting certain rights and remedies to the holders thereof; authorizing banks and trust companies to perform certain acts in connection therewith; authorizing the imposition of tolls and charges; authorizing the authority to secure the consent of the United States government to the construction of the bridge and to secure approval of plans, specifications and location of same; authorizing employment of engineers irrespective of whether such engineers have been previously employed to make preliminary inspections or reports with respect to the bridge; authorizing the state highway department to operate and maintain such bridge or to contribute thereto and enter into leases and agreements in connection therewith; exempting such bonds and the property of the authority from taxation; prohibiting competing traffic facilities; authorizing the operation of ferries by the authority; providing for the construction and use of certain buildings; and making an appropriation.

History: 1952, Act 214, Imd. Eff. Apr. 30, 1952 ;-- Am. 1992, Act 120, Imd. Eff. June 26, 1992

• Section 254.311 - Mackinac bridge authority; definitions.
• Section 254.312 - Mackinac bridge authority; corporate existence, terms.
• Section 254.313 - Repealed. 2005, Act 331, Imd. Eff. Dec. 28, 2005.
• Section 254.314 - Mackinac bridge authority; bridge construction, bond proceeds; property acquisition and condemnation, surveys, easements.
• Section 254.315 - Revenue bonds; purposes; sale or exchange of refunding bonds; contracts for fiscal agents' services; payment of principal, interest, and redemption premiums; serial bonds or term bonds; statement; signatures; negotiability; tax exemption; sale; approval; temporary bonds; recital.
• Section 254.316 - Mackinac bridge authority; security, trust indenture; authority, duties; annual audit; depository; collateral security; approval.
• Section 254.317 - Mackinac bridge authority; bridge construction, tolls, utility lines, lease; appropriation, sale or lease; revenues, priority.
• Section 254.318 - Mackinac bridge authority; grants or donations.
• Section 254.319 - Unauthorized indebtedness to state.
• Section 254.320 - Scope of act.
• Section 254.321 - Board and state highway department; authority.
• Section 254.322 - Use of bridge; payment of tolls; authorized emergency vehicles; violation as misdemeanor; penalty.
• Section 254.323 - Federal government approvals.
• Section 254.324 - Repealed. 2005, Act 331, Imd. Eff. Dec. 28, 2005.
• Section 254.325 - Construction of act.
• Section 254.326 - Contracts, books, maps; delivery to authority.
• Section 254.327 - Declared public purpose; tax exemption.
• Section 254.328 - Authority's rights not limited or altered; competitive vehicular traffic services.
• Section 254.329 - Bondholders' rights; enforcement actions.
• Section 254.330 - Operation of ferries.
• Section 254.331 - Inconsistent acts.
• Section 254.332 - Expenditure of funds for construction of state police post; lease agreement; payments; expiration or termination of lease; use.