125.669 Bondholder’s lien upon revenue; enforcement. Sec. 19. Revenue from and any amount due under any annual contributions contracts pertaining to such project or combined projects so purchased, acquired, constructed, improved, enlarged, extended or repaired, shall be and remain subject to the statutory lien until the payment in full of the principal of and interest […]
125.670 Receiver; appointment; powers and duties. Sec. 20. If there shall be any default in the payment of the principal of or interest upon any such bonds authorized pursuant to this act, any court having jurisdiction in any proper action may appoint a receiver to administer and operate the project or combined projects on behalf […]
125.671 Bonds; inapplicability of other laws. Sec. 21. The bonds authorized hereunder shall not be subject to any limitations or provisions provided by the laws of the state of Michigan for cities or incorporated villages now in force or hereafter amended, other than as provided for in this act. History: 1933, Ex. Sess., Act 18, […]
125.672-125.674 Repealed. 2002, Act 268, Imd. Eff. May 9, 2002. Compiler’s Notes: The repealed sections pertained to bond deposit, issuance, and signature.
125.675 Free services. Sec. 25. No free services or rental shall be furnished by any such project or combined projects to the city or village or any state agency or to any agency, instrumentality, person, firm or corporation. History: 1933, Ex. Sess., Act 18, Imd. Eff. Jan. 9, 1934 ;– CL 1948, 125.675
125.676 Additional bonds. Sec. 26. Any borrower purchasing, acquiring, constructing, improving, enlarging, or repairing any such project or combined projects assumed by the provisions of this act, may at the time of the authorization of such bond for any such purpose or purposes, provide in the authorizing ordinance for additional bonds for other extensions and […]
125.677 Rent schedule; policy of state; basis; limitation. Sec. 27. (1) It is hereby declared to be the policy of this state that each commission shall manage and operate, or cause to be managed and operated, its housing projects in an efficient manner so as to enable it to fix the rentals for dwelling accommodations […]
125.681 Income from sources other than operation; use. Sec. 31. Nothing in this act shall be construed to prohibit the borrower from appropriating and using any part of its available income or revenue derived from any source other than from the operation of such project or combined projects in paying any immediate expenses of operation […]
125.683 Operating year. Sec. 33. The ordinance authorizing the issuance of such bonds shall definitely determine whether such project or combined projects shall be operated upon a calendar, operating or fiscal year basis, and the dates of the beginning and ending of the same. History: 1933, Ex. Sess., Act 18, Imd. Eff. Jan. 9, 1934 […]
125.684 Rents; supervision; state department of health. Sec. 34. Rents charged for the services furnished by any project or combined projects purchased, acquired, constructed, improved, enlarged, extended, operated or repaired, under the provisions of this act, shall not be subject to supervision or regulation by any state bureau, board, commission or other like instrumentality or […]
125.685 Housing commission; books of record and account; balance sheets and income and surplus accounts. Sec. 35. (1) The commission of a borrower issuing revenue bonds under this act shall install, maintain, and keep proper books of record and account, separate from other records and accounts of the borrower, in which full and accurate entries […]
125.687 Construction of act. Sec. 37. This act shall be construed as authorizing the creation of the commission and the issuance of such bonds provided for herein without submitting the proposition for the approval of same to the voters of the borrower. Where bonds have been authorized under this act it shall not be necessary […]
125.689 Authority conferred. Sec. 39. This act shall, without reference to any other statute or to any charter, be deemed full authority for the purposes herein provided for and for the issuance and sale of the bonds by this act authorized, and shall be construed as an additional and alternative method therefor and for the […]
125.690 Declaration of necessity; liberal construction. Sec. 40. This act, being necessary for and to secure the public peace, health, safety, convenience and welfare of the cities and incorporated villages and the people of the state of Michigan, shall be liberally construed to effect the purposes thereof. History: 1933, Ex. Sess., Act 18, Imd. Eff. […]
125.692 Slum clearance and housing projects as public purposes. Sec. 42. Slum clearance and housing projects contemplated by this act are hereby declared to be for public purposes within the meaning of the constitution, state laws and charters relative to the powers of cities and villages. History: 1933, Ex. Sess., Act 18, Imd. Eff. Jan. […]
125.693 Immediate necessity. Sec. 43. The necessity for the immediate effective date of this act lies in the fact that, whereas there is a demand in congested sections of Michigan for housing of families of low income and for the reconstruction of slum areas, and whereas no existing laws or charters of the state of […]
125.694 Housing projects; duties of operation and management; rentals and selection of tenants; appointment of receiver. Sec. 44. In the operation or management of housing projects a commission shall at all times observe the following duties with respect to rentals and tenant selection: (a) it may rent or lease the dwelling accommodations therein only to […]
125.694a Tenancy or contract right to occupy housing; termination; just cause. Sec. 44a. (1) No tenancy or contract right to occupy housing in a project or facilities operated by any city, village, township or other unit of local government, as provided by this act, shall be terminated by the project management or the local housing […]
125.694b Municipal housing commission; rules; adoption; promulgation; publication. Sec. 44b. (1) To the extent not inconsistent with federal law or regulation, state law, or local ordinance, the housing commission shall adopt and promulgate reasonable rules that establish the following: (a) Eligibility requirements for admission to housing. (b) Obligations of tenants, including regulations for the use […]
125.695 Minimum wages and maximum hours; contract provisions. Sec. 45. Any borrower or commission shall have the power, notwithstanding anything to the contrary contained in this act or in any other provision of law, to include in any contract let in connection with a housing project, stipulations requiring that the contractor and any subcontractors comply […]
