Section 123.1201 – Short Title.
123.1201 Short title. Sec. 1. This act shall be known and may be cited as the “art institute authorities act”. History: 2010, Act 296, Imd. Eff. Dec. 16, 2010
123.1201 Short title. Sec. 1. This act shall be known and may be cited as the “art institute authorities act”. History: 2010, Act 296, Imd. Eff. Dec. 16, 2010
123.1203 Definitions. Sec. 3. As used in this act: (a) “Art institute” means an encyclopedic art museum whose primary art collection and facility, at the date an authority is established, are owned by a municipality located in this state. (b) “Art institute services” means the operation or support of an art institute. (c) “Art institute […]
123.1205 Art institute authority; formation; public corporate body; powers; prohibitions. Sec. 5. (1) Any county may form an art institute authority. (2) An art institute authority is an authority under section 6 of article IX of the state constitution of 1963. An art institute authority is a public corporate body with the power to sue […]
123.1207 Articles of incorporation; contents; adoption; amendment; publication; filing; effectiveness. Sec. 7. (1) To initiate the establishment of an authority, articles of incorporation shall be prepared by a majority of the members of the county board of commissioners of the county establishing the authority. The articles of incorporation shall include all of the following: (a) […]
123.1209 Board; vacancy; removal of member; quorum; official action; compensation; expenses; business conducted at public meeting; writings; election of officers; bylaws. Sec. 9. (1) A vacancy occurs on the board on the happening of any of the events set forth in section 3 of 1846 RS 15, MCL 201.3. Members of the board may be […]
123.1211 Powers of authority. Sec. 11. An authority may do 1 or more of the following: (a) Provide funding to an art institute services provider to support the provision of art institute services. (b) Levy a tax as provided in section 17. (c) Enter into contracts incidental or necessary for the accomplishment of this act. […]
123.1213 Replacement of initial art institute services provider; contract for use of funds. Sec. 13. Before a vote for a tax levy under section 17 occurs or, if an initial art institute services provider is replaced, before any funds are transferred under section 25 to a replacement art institute services provider, the art institute services […]
123.1215 Approval of tax; preferences or benefits for residents. Sec. 15. If a majority of electors in the county voting on the question of a tax as provided in section 17 approve the tax, the contract as provided in section 13 shall require the art institute services provider to offer or to exercise its best […]
123.1217 Tax levy; limitation; ballot proposal; adoption of proposal by resolution; authorization of tax levy; limitation on number of elections held on proposal. Sec. 17. (1) An authority may levy a tax of not more than 0.2 mill for a period of not more than 20 years on all of the taxable property within the […]
123.1219 Election; ballots; conduct. Sec. 19. (1) The county election commission of the county shall provide ballots for an election for a tax under section 17. (2) An election for a tax shall be conducted by the city and township clerks and election officials of the municipalities located within the county. History: 2010, Act 296, […]
123.1221 Close of registration and election; notices; results; final canvass; certification. Sec. 21. (1) If an election for a tax under section 17 is to be held in conjunction with a general election or a state primary election, the notices of close of registration and election shall be published as provided for by the state […]
123.1223 Levy and collection of tax. Sec. 23. A tax authorized to be levied by an authority under this act shall be levied and collected at the same time and in the same manner as provided by the general property tax act, 1893 PA 206, MCL 211.1 to 211.155. History: 2010, Act 296, Imd. Eff. […]
123.1225 Transfer of funds to art institute services provider. Sec. 25. Within 10 business days of the receipt of the funds from the local property tax collecting unit for the tax levied under this act, the authority shall transfer the funds, less the amount necessary to fund the payment of obligations incurred by the authority […]
123.1227 Reimbursement of election costs to county or to municipality. Sec. 27. (1) If a majority of the electors in the county voting on the question of a tax as provided in section 17 approve the tax, the county clerk of the county shall charge the authority and the authority shall reimburse the county for […]
123.1229 Audit; financial plan; investment or deposit of funds. Sec. 29. (1) A board shall obtain an annual audit of the authority, and report on the audit and auditing procedures, in the manner provided by sections 6 to 13 of the uniform budgeting and accounting act, 1968 PA 2, MCL 141.426 to 141.433. The audit […]