Section 121.28 – Construction of Act.
121.28 Construction of act. Sec. 28. The provisions of this act shall be liberally construed in the interest of the public health and welfare and the safety of persons and property within the authority incorporated under the provisions of this act. History: 1957, Act 4, Imd. Eff. Mar. 20, 1957
Section 121.29 – Charter Water Authorities; Short Title.
121.29 Charter water authorities; short title. Sec. 29. This act shall be known and may be cited as the “charter water authority act”. History: 1957, Act 4, Imd. Eff. Mar. 20, 1957
Section 121.13 – Bonds; Maximum; Authorizing Resolution, Contents.
121.13 Bonds; maximum; authorizing resolution, contents. Sec. 13. For the purpose of constructing, acquiring, improving, enlarging or extending a water supply and transmission system, including the payment of engineering, legal and financing expenses in connection therewith, and after the establishment of the initial rates and the execution of contracts for the sale and purchase of […]
Section 121.14 – Repealed. 2002, Act 446, Imd. Eff. June 17, 2002.
121.14 Repealed. 2002, Act 446, Imd. Eff. June 17, 2002. Compiler’s Notes: The repealed section pertained to terms, interest, redemption, and payment of bonds.
Section 121.14a – Violation of MCL 168.1 to 168.992 Applicable to Petitions; Penalties.
121.14a Violation of MCL 168.1 to 168.992 applicable to petitions; penalties. Sec. 14a. (1) The resolution authorizing the issuance of bonds by the authority shall be published in full in a newspaper of general circulation within the corporate limits of the authority within 1 week after its adoption. If, within 30 days from the publication […]
Section 121.15 – Bonds; Issuance Subject to Revised Municipal Finance Act.
121.15 Bonds; issuance subject to revised municipal finance act. Sec. 15. Bonds issued by any authority under the provisions of this act are subject to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821. History: 1957, Act 4, Imd. Eff. Mar. 20, 1957 ;– Am. 2002, Act 446, Imd. Eff. June 17, […]
Section 121.16 – Taxes; Rates; Assessment; Levy; Collection; Subjects.
121.16 Taxes; rates; assessment; levy; collection; subjects. Sec. 16. The authority shall levy each year a sufficient tax, taking into account the probable delinquency in tax collections, to pay the principal and interest on all bonds lawfully issued by the authority under the provisions of this act, maturing prior to the next tax collection period. […]
Section 121.17 – Repealed. 2002, Act 446, Imd. Eff. June 17, 2002.
121.17 Repealed. 2002, Act 446, Imd. Eff. June 17, 2002. Compiler’s Notes: The repealed section pertained to establishment of separate depositary account as debt retirement fund.
Section 121.18 – Taxes; Administration Expenses.
121.18 Taxes; administration expenses. Sec. 18. The authority may levy in any year, in addition to the tax required for the payment of bonded indebtedness, a tax for the purpose of providing funds for administration expenses of the authority and such other purposes of the authority as may be determined to be necessary by the […]
Section 121.19 – Taxes; Payment by Constituent Municipality.
121.19 Taxes; payment by constituent municipality. Sec. 19. Any city, township or village which is located in a township which is not a part of the authority, within 30 days after certification of the tax rate by the authority as required by section 16 of this act, in lieu of the levy and collection thereof, […]