Section 254.324d – Transfer of Funds, Duties, and Powers Related to Utility Tunnel to Corridor Authority Board; Report; Tunnel Agreement; Findings Required; Representation by Attorney General.
254.324d Transfer of funds, duties, and powers related to utility tunnel to corridor authority board; report; tunnel agreement; findings required; representation by attorney general. Sec. 14d. (1) All liabilities, duties, responsibilities, authorities, and powers related to a utility tunnel as provided in section 14a and any money in the straits protection fund shall transfer to […]
Section 254.324e – Funding From Any Source Other Than Straits Protection Fund; Agreement to Accept Liability of Utility Equipment by User of Utility Tunnel; Prohibited.
254.324e Funding from any source other than straits protection fund; agreement to accept liability of utility equipment by user of utility tunnel; prohibited. Sec. 14e. (1) Neither the Mackinac bridge authority nor the Mackinac Straits corridor authority may pay or obligate any money or assets related to the utility tunnel except money that is deposited […]
Section 254.325 – Construction of Act.
254.325 Construction of act. Sec. 15. This act being deemed necessary to the public health, welfare, convenience and prosperity, it shall be liberally construed to effect the intents and purposes hereof. History: 1952, Act 214, Imd. Eff. Apr. 30, 1952
Section 254.326 – Contracts, Books, Maps; Delivery to Authority.
254.326 Contracts, books, maps; delivery to authority. Sec. 16. The state highway department shall transfer and deliver to the authority all contracts, books, maps, plans, papers and records or certified copies thereof, pertaining to the subjects and matters relating to the designing and construction of the bridge, and particularly all such records, maps and papers […]
Section 254.234 – Vehicular Traffic Facilities; Covenant With Bondholders; Limitations.
254.234 Vehicular traffic facilities; covenant with bondholders; limitations. Sec. 14. The state of Michigan covenants and agrees with the holders of the bonds issued under the provisions of this act that it will not construct or operate, or permit the construction or operation of, any bridge, tunnel or ferry service for vehicular traffic between the […]
Section 254.316 – Mackinac Bridge Authority; Security, Trust Indenture; Authority, Duties; Annual Audit; Depository; Collateral Security; Approval.
254.316 Mackinac bridge authority; security, trust indenture; authority, duties; annual audit; depository; collateral security; approval. Sec. 6. In the discretion of the board any series of bonds hereunder may be secured by a trust indenture by and between the authority and a corporate trustee, which may be any trust company or bank having the powers […]
Section 254.235 – Authorization for Action; Project Maintenance and Operation, Report to Governor, Failure to Pay Tolls, Surveying.
254.235 Authorization for action; project maintenance and operation, report to governor, failure to pay tolls, surveying. Sec. 15. Any action taken by the authority under the provisions of this act may be authorized by resolution at any regular or special meeting, and each such resolution shall take effect immediately and need not be published or […]
Section 254.236 – Bonds; Final Payment; Disposition of Property; Dissolution of Authority; Assumption of Powers and Responsibilities; Use of Property and Funds; Surveys and Studies; Availability of Data.
254.236 Bonds; final payment; disposition of property; dissolution of authority; assumption of powers and responsibilities; use of property and funds; surveys and studies; availability of data. Sec. 16. (1) When all bonds issued under this act in connection with the project and the interest on those bonds is paid or a sufficient amount for the […]
Section 254.237 – Powers; Supplemental and Additional.
254.237 Powers; supplemental and additional. Sec. 17. The foregoing sections of this act shall be deemed to provide an additional and alternative method for the doing of the things authorized thereby, and shall be regarded as supplemental and additional to powers conferred by other laws: Provided, however, That the issuance of revenue bonds or revenue […]
Section 254.238 – Construction of Act.
254.238 Construction of act. Sec. 18. This act, being necessary for the welfare of the state and its inhabitants, shall be liberally construed to effect the purposes thereof. History: 1954, Act 99, Imd. Eff. Apr. 12, 1954