Section 259.125a – Interest Rate Exchange or Agreement.
259.125a Interest rate exchange or agreement. Sec. 125a. (1) For the purpose of more effectively managing its debt service, an authority may enter into an interest rate exchange or swap, hedge, or similar agreement or agreements in connection with the issuance or proposed issuance of obligations or other evidences of indebtedness or in connection with […]
Section 259.111 – Public Airport Authority; Board; Membership; Appointment; Terms; Qualifications; Violation of Subsection 5(b); Chief Executive Officer; Chief Financial Officer; Duties.
259.111 Public airport authority; board; membership; appointment; terms; qualifications; violation of subsection 5(b); chief executive officer; chief financial officer; duties. Sec. 111. (1) An authority created under or pursuant to this chapter shall be directed and governed by a board consisting of 7 members. (2) The members of a board created under section 110(2) shall […]
Section 259.88 – Repealed. 1996, Act 370, Imd. Eff. July 3, 1996.
259.88 Repealed. 1996, Act 370, Imd. Eff. July 3, 1996. Compiler’s Notes: The repealed section pertained to annual registration of airports and facilities.
Section 259.112 – Full Term Appointments; Terms; Expiration Date; Resignation; Vacancy; Removal; Oath of Office.
259.112 Full term appointments; terms; expiration date; resignation; vacancy; removal; oath of office. Sec. 112. (1) Upon the expiration of the term of an initial appointment under section 111(2) or (3), all full term appointments shall be for a term of 6 years. The expiration date of the term of office of a member of […]
Section 259.89 – Private Use Landing Areas.
259.89 Private use landing areas. Sec. 89. Sections 86 and 87a do not apply to landing areas designated and operated for private use if commercial operations are not performed on the landing areas. A landing area for private use shall not be established, without commission approval, within 5 nautical miles of a public use facility […]
Section 259.113 – First Meeting of Board; Compliance With Open Meetings Act; Delegation of Power; Reimbursement of Expenses; Action by Resolution or Ordinance; Voting.
259.113 First meeting of board; compliance with open meetings act; delegation of power; reimbursement of expenses; action by resolution or ordinance; voting. Sec. 113. (1) Upon the appointment of at least 4 members of the board under section 111(2), the board may hold its first meeting. If less than 4 members of the board have […]
Section 259.89a – Ultralight or Balloon Use; Landing Areas.
259.89a Ultralight or balloon use; landing areas. Sec. 89a. Sections 86 and 87a do not apply to landing areas designated and operated for the exclusive use of either ultralights or balloons. A landing area for ultralight or balloon use shall not be established, without commission approval, within 5 nautical miles of a public use facility […]
Section 259.114 – Meetings; Frequency; Special Meeting; System of Accounts; Reports; Bond; Audit Committee; Appointment; Meetings; Duty to Recommend 3 Independent Certified Public Accounting Firms; Selection; Contract Terms and Conditions; Appointment and Compensation of Chief Executive Officer; Duties and Responsibilities; Power and Authority; Contracting Policies and Procedures; Conflicts of Interest; Ethics Manual; Airport Noise and Fumes Mitigation.
259.114 Meetings; frequency; special meeting; system of accounts; reports; bond; audit committee; appointment; meetings; duty to recommend 3 independent certified public accounting firms; selection; contract terms and conditions; appointment and compensation of chief executive officer; duties and responsibilities; power and authority; contracting policies and procedures; conflicts of interest; ethics manual; airport noise and fumes mitigation. […]
Section 259.90 – Repealed. 1996, Act 370, Imd. Eff. July 3, 1996.
259.90 Repealed. 1996, Act 370, Imd. Eff. July 3, 1996. Compiler’s Notes: The repealed section pertained to emergency public use.
Section 259.115 – Preparation of Annual Budget.
259.115 Preparation of annual budget. Sec. 115. Before the beginning of each fiscal year, the board shall prepare a budget containing an itemized statement of the estimated current operational expenses and the expenses for capital outlay including funds for the operation and development of the airport under the jurisdiction of the board, and the amount […]