Section 254.367 – Public Sale; Terms and Conditions; Disposition of Proceeds.
254.367 Public sale; terms and conditions; disposition of proceeds. Sec. 7. The refunding bonds shall be sold at public sale upon such terms and conditions as shall be determined by the commission with the approval of the state administrative board. The proceeds from the sale of the bonds shall be made available for the redemption […]
Section 254.368 – Powers of Commission.
254.368 Powers of commission. Sec. 8. The commission may do all things necessary in connection with the issuance and sale of the refunding bonds and the retirement of the bonds to be refunded thereby, except to the extent that the retirement powers are now vested in the Mackinac bridge authority, and in that respect the […]