Section 120.106 – Bond of Secretary-Treasurer.
120.106 Bond of secretary-treasurer. Sec. 6. Before the issuance of any bonds, notes, or other evidences of indebtedness under this act, the secretary-treasurer of an authority shall execute a bond in the penal sum of $100,000.00, conditioned upon the faithful performance of the duties of the office and executed by a surety company authorized to […]
Section 120.121 – Dock, Waterfront, or Riparian Property; Transfer, Possession, or Control.
120.121 Dock, waterfront, or riparian property; transfer, possession, or control. Sec. 21. The governing bodies of constituent units may, by majority vote, and with or without consideration, transfer or cause to be transferred to the authority or may place in its possession and control, by lease, or other contract or agreement, either for a limited […]
Section 120.107 – Advisory Committees and Councils.
120.107 Advisory committees and councils. Sec. 7. An authority may organize and create advisory committees and councils to serve at the pleasure of the authority for terms and purposes considered to be in the best interest of furthering the intent and purpose of this act. The committees and councils shall be made up of persons […]
Section 120.122 – Tax Exemption.
120.122 Tax exemption. Sec. 22. (1) An authority created under this act shall be exempt from and shall not be required to pay taxes on property, both real and personal, belonging to the authority, which is used exclusively for a public purpose. However, the exemption shall not apply to property belonging to an authority while […]
Section 120.108 – Port Authority; Powers Generally.
120.108 Port authority; powers generally. Sec. 8. An authority may: (a) Adopt, amend, and repeal bylaws for the regulation of its affairs and the conduct of its business. (b) Sue and be sued on the same basis as the state; and adopt and register with the secretary of state an official seal and alter that […]
Section 120.109 – Port Authority; Additional Powers.
120.109 Port authority; additional powers. Sec. 9. An authority may: (a) Appear in its own behalf before boards, commissions, departments, or other agencies of the federal government or of any state or international conferences and before committees of the congress of the United States and the state legislature in all matters relating to the design, […]
Section 120.110 – Port Authority; Additional Powers.
120.110 Port authority; additional powers. Sec. 10. An authority may: (a) Subject to the authority of the federal government and the state and with the agreement of the constituent units, provide for the preservation of navigation within its territorial jurisdiction, including the establishment by regulation of lines beyond which piers, bulkheads, wharves, pilings, structures, obstructions, […]
Section 120.111 – Port Authority; Liability.
120.111 Port authority; liability. Sec. 11. Except with respect to docks or wharves owned, controlled, or operated by, the authority, this act shall not be construed to impose a duty upon an authority to a person using its waters in regard to the safety thereof, or to render an authority liable for loss of life […]
Section 120.101 – Short Title.
120.101 Short title. Sec. 1. This act shall be known and may be cited as the “Hertel-Law-T. Stopczynski port authority act”. History: 1978, Act 639, Imd. Eff. Jan. 11, 1979 Compiler’s Notes: See Compiler’s note to MCL 120.130.
Section 120.102 – Definitions.
120.102 Definitions. Sec. 2. As used in this act: (a) “Authority” means a port authority created under this act and may also include the area within the jurisdiction of an authority. (b) “Constituent unit” means a city or county requesting the incorporation of an authority. (c) “Governing body of the city” means the city council […]