Section 125.2201 – Short Title.
125.2201 Short title. Sec. 1. This act shall be known and may be cited as the “resort district rehabilitation act”. History: 1986, Act 59, Imd. Eff. Mar. 26, 1986
Section 125.2202 – Definitions.
125.2202 Definitions. Sec. 2. As used in this act: (a) “Authority” means a resort district authority created pursuant to this act. (b) “Board” means the governing body of an authority. (c) “Operation” means office maintenance, including salaries and expenses of employees, office supplies, consultation fees, design costs, and other expenses incurred in the daily management […]
Section 125.2203 – Resort District Authority; Establishment; Inclusion of Parcel of Property; Approval by Resolution; Nature and Powers of Authority; Tax Limitations.
125.2203 Resort district authority; establishment; inclusion of parcel of property; approval by resolution; nature and powers of authority; tax limitations. Sec. 3. (1) A township may establish a resort district authority. A parcel of property shall not be included in more than 1 authority created under this act. A parcel of property that is in […]
Section 125.2204 – Resolution of Intent to Create and Provide for Operation of Authority; Public Hearing; Notice; Right to Be Heard.
125.2204 Resolution of intent to create and provide for operation of authority; public hearing; notice; right to be heard. Sec. 4. (1) If a township board determines that it is in the best interests of the public to halt or prevent property deterioration or increase property valuation where possible in a resort district, or to […]
Section 125.2205 – Ordinance or Resolution Establishing Authority; Filing; Publication.
125.2205 Ordinance or resolution establishing authority; filing; publication. Sec. 5. After the public hearing, if the township board intends to proceed with the establishment of the authority, it shall adopt, by majority vote of its members, an ordinance or resolution establishing the authority. The ordinance or resolution shall promptly be filed with the secretary of […]
Section 125.2206 – Board; Appointment, Qualifications, and Terms of Members; Vacancy; Compensation; Election of Chairperson; Oath of Office.
125.2206 Board; appointment, qualifications, and terms of members; vacancy; compensation; election of chairperson; oath of office. Sec. 6. (1) The authority shall be under the supervision and control of a board. The board shall consist of 2 elected officials of the township, 2 residents of the resort district, and 1 individual designated by the industrial […]
Section 125.2207 – Determination and Submission of Proposed Boundaries and Millage to Township Board; Approval by Resolution; Election; Notice; Approval of Proposition.
125.2207 Determination and submission of proposed boundaries and millage to township board; approval by resolution; election; notice; approval of proposition. Sec. 7. (1) The board shall determine the boundaries of the proposed resort district. Subject to the limitations of section 8, the board shall determine the millage necessary for rehabilitation of the resort district. The […]
Section 125.2208 – Ad Valorem Tax on Property Located in Resort District; Mills; Limitation; Collection; Disposition; Borrowing Money and Issuing Notes; Extension of Tax.
125.2208 Ad valorem tax on property located in resort district; mills; limitation; collection; disposition; borrowing money and issuing notes; extension of tax. Sec. 8. (1) Subject to the provisions of section 7, an authority may levy an ad valorem tax on the taxable value of the real and tangible personal property located in the resort […]
Section 125.2209 – Conducting Business at Public Meeting; Notice; Procedural Rules; Meetings; Removal of Member; Review; Expense Items; Financial Records; Writings Available to Public.
125.2209 Conducting business at public meeting; notice; procedural rules; meetings; removal of member; review; expense items; financial records; writings available to public. Sec. 9. (1) The business which the board may perform shall be conducted at a public meeting of the board held in compliance with the open meetings act, Act No. 267 of the […]
Section 125.2210 – Director.
125.2210 Director. Sec. 10. (1) Subject to the approval of the township board, the board may employ and fix the compensation of a director or may enter into a contract with an individual, the township, a corporation, or other legal entity to perform the functions of the director. The director shall serve at the pleasure […]
Section 125.2211 – Employment of Personnel; Contracts.
125.2211 Employment of personnel; contracts. Sec. 11. The board may employ other personnel considered necessary by the board including, but not limited to, a treasurer and secretary. The board may enter into a contract with an individual, the township, a corporation, or other legal entity to perform the duties of a treasurer, secretary, or other […]
Section 125.2212 – Powers of Board.
125.2212 Powers of board. Sec. 12. The board may do any of the following: (a) Prepare an analysis of infrastructure changes taking place in the resort district. (b) Plan and propose rehabilitation within the resort district. (c) Implement any plan of rehabilitation in the resort district necessary to achieve the purposes of this act, in […]
Section 125.2213 – Revenue Bonds.
125.2213 Revenue bonds. Sec. 13. The authority may borrow money and issue its negotiable revenue bonds for that money pursuant to the revenue bond act of 1933, Act No. 94 of the Public Acts of 1933, being sections 141.101 to 141.139 of the Michigan Compiled Laws. Except as otherwise provided in this act, a revenue […]
Section 125.2214 – Bonds to Finance Rehabilitation Plan.
125.2214 Bonds to finance rehabilitation plan. Sec. 14. (1) If authorized in the ordinance or resolution of the township creating the authority, by resolution of its board, and subject to the limitations set forth in this section, the authority may authorize, issue, and sell its bonds to finance a rehabilitation plan. The bonds shall mature […]
Section 125.2215 – Rehabilitation Plan; Preparation; Contents.
125.2215 Rehabilitation plan; preparation; contents. Sec. 15. (1) If a board decides to finance the rehabilitation of the resort district by the use of revenue bonds as authorized in section 13 or 14, the board shall prepare a rehabilitation plan. (2) The rehabilitation plan shall contain all of the following: (a) The designation of boundaries […]
Section 125.2216 – Rehabilitation Plan; Public Hearing; Notice; Opportunity for Interested Persons to Be Heard; Receipt and Consideration of Written Communications; Opinions; Arguments; Documentary Evidence; Record of Hearing.
125.2216 Rehabilitation plan; public hearing; notice; opportunity for interested persons to be heard; receipt and consideration of written communications; opinions; arguments; documentary evidence; record of hearing. Sec. 16. (1) Before adopting a resolution approving a rehabilitation plan, the township board shall hold a public hearing on the rehabilitation plan. In addition to the notice requirements […]
Section 125.2217 – Rehabilitation Plan as Constituting Public Purpose; Approval or Rejection of Plan; Consideration; Amendments to Plan.
125.2217 Rehabilitation plan as constituting public purpose; approval or rejection of plan; consideration; amendments to plan. Sec. 17. (1) After a public hearing on the rehabilitation plan as provided in section 16, the township board shall determine whether the rehabilitation plan constitutes a public purpose. If it determines that the rehabilitation plan constitutes a public […]
Section 125.2218 – Budget; Assessment.
125.2218 Budget; assessment. Sec. 18. (1) The director of the authority shall prepare and submit for the approval of the board a budget for the operation of the authority for the ensuing fiscal year. Before the budget may be adopted by the board, the budget shall be approved by the township board. Funds of the […]
Section 125.2219 – Dissolution of Authority; Resolution; Disposition of Property and Assets.
125.2219 Dissolution of authority; resolution; disposition of property and assets. Sec. 19. An authority which has completed the purposes for which it was organized shall be dissolved by resolution of the township board. The property and assets of the authority remaining after the satisfaction of the obligations of the authority shall belong to the township. […]