247.901 Definitions. Sec. 1. As used in this act: (a) “Administrator” means the person appointed by the department, in accordance with the policies of the commission and civil service rules, to serve as director of the office of economic development. (b) “Advanced traffic management systems” means the application of new technology designed to monitor, control, […]
247.902 Transportation economic development fund and office of economic development; establishment; purposes; sources of revenue. Sec. 2. (1) The transportation economic development fund is established and shall be set up and maintained in the state treasury as a separate fund for the purposes of enhancing this state’s ability to compete in an international economy, serving […]
247.903 Allocation of funds for projects; notice; hearings; funding projects under MCL 247.907(3) and 247.909(1)(a); coordination of projects; department as contracting agent; assistance to commission; appropriation for administration of fund; duties of commission and office of economic development. Sec. 3. (1) Money from the fund shall be allocated for projects to be funded under section […]
247.905 Repealed. 1993, Act 149, Imd. Eff. Aug. 19, 1993. Compiler’s Notes: The repealed section pertained to evaluation criteria and minimum requirements for projects.
247.906 Applications for projects; solicitation; form. Sec. 6. (1) The administrator may solicit project applications for the projects that may be funded under section 11(3)(a) each calendar quarter. (2) The requirements of the application form shall be prepared by the administrator in accordance with the adopted policies of the commission. History: 1987, Act 231, Imd. […]
247.907 Submission of application; minimum requirements. Sec. 7. (1) An applicant shall submit an application for funding on a form approved pursuant to section 6. (2) The department or a city, village, or county road agency may submit an application. Two or more cities, villages, or county road agencies or a combination of 2 or […]
247.908 Initial review of application; criteria; recommendation; consultation; informing appropriations committees; hearings as condition to committing funds. Sec. 8. (1) Each application shall be submitted for initial review to the administrator who may call upon other personnel of the department to assist in processing, reviewing, and evaluating project applications. (2) The office of economic development […]
247.909 Project categories; requirements; criteria. Sec. 9. (1) A project shall relate to 1 or more of the following categories: (a) Economic development road projects in any of the following targeted industries: (i) Agriculture or food processing. (ii) Tourism. (iii) Forestry. (iv) High technology research. (v) Manufacturing. (vi) Mining. (vii) Office centers of not less […]
247.910 Cost of project; matching funds; evaluation criteria. Sec. 10. (1) The costs of a project that are eligible to be funded under section 11(3)(a) and (c) shall be developed by the administrator in accordance with the adopted policies of the commission and shall include at a minimum those costs normally associated with highway construction […]
247.911 Bonds; issuance; purpose; appropriation of fund revenue; percentages; distribution to certain targeted industries. Sec. 11. (1) Bonds may be issued as authorized by the commission for the purpose of funding projects under this act in the manner provided in sections 18b and 18k of 1951 PA 51, MCL 247.668b and 247.668k, and in accordance […]
247.912 Selection and designation of projects by urban task force; failure to submit qualified projects; proposing project result evaluation criteria; annual report; administration of projects. Sec. 12. (1) The urban task force that represents the majority of the communities in the urban area of each county shall select and designate for eligibility projects for funding […]
247.912a Recommendations of regional rural task force for funding projects; failure to submit qualified projects; composition of task force; basis for funding projects; administration of programs and projects. Sec. 12a. (1) The regional rural task force shall make recommendations to the commission and the administrator for funding projects under section 11(3)(c) within their respective regions. […]
247.913 Annual report to governor and legislature. Sec. 13. By December 31 each year the commission shall report to the governor, the house and senate appropriations committees, and the house and senate fiscal agencies the following information regarding this act: (a) The projects funded during the previous fiscal year. (b) The status of projects funded […]
247.914 Repealed. 1993, Act 149, Imd. Eff. Aug. 19, 1993. Compiler’s Notes: The repealed section pertained to the conditional effective date.
