Section 389.161 – Definitions.
389.161 Definitions. Sec. 161. As used in this chapter: (a) “Agreement” means a written agreement between an employer and a community college district concerning a project and any amendments to that agreement. (b) “Bond” or “bonds” means bonds, notes, or other debt issued by a community college district under this chapter. (c) “Employer” means a […]
Section 389.162 – Agreement by Community College and Employer; Establishment of Project; Provisions; Payments as Lien on Employer’s Business Property; Filing With Department of Treasury; Limitation on Entering New Agreements.
389.162 Agreement by community college and employer; establishment of project; provisions; payments as lien on employer’s business property; filing with department of treasury; limitation on entering new agreements. Sec. 162. (1) A community college district may enter into an agreement to establish a project with an employer engaged in business activities anywhere in the state. […]
Section 389.163 – Program Costs of New Jobs Training Program; Payment From Money Received From New Jobs Credit From Withholding; Agreement; Provisions; Amount Remitted to Community College District; Information to Be Provided to Department of Treasury.
389.163 Program costs of new jobs training program; payment from money received from new jobs credit from withholding; agreement; provisions; amount remitted to community college district; information to be provided to department of treasury. Sec. 163. (1) If any part of the program costs of a new jobs training program are to be paid from […]
Section 389.164 – New Jobs Training Revenue Bonds; Sunset.
389.164 New jobs training revenue bonds; sunset. Sec. 164. (1) Subject to subsection (16), by resolution of its board of trustees, a community college district may authorize, issue, and sell its new jobs training revenue bonds in anticipation of payments to be received pursuant to an agreement, subject to the requirements of this chapter, to […]
Section 389.165 – Tax Exemption.
389.165 Tax exemption. Sec. 165. Bonds and notes issued by a community college district under this chapter and the interest on and income from those bonds and notes are exempt from taxation by this state or a political subdivision of this state. History: Add. 2008, Act 359, Imd. Eff. Dec. 23, 2008
Section 389.143 – Board of Trustees; Audit of Accounts.
389.143 Board of trustees; audit of accounts. Sec. 143. The board of trustees shall provide for a system of accounting meeting the approval of the state board of education. All accounts shall be audited once each year by a certified public accountant and a summary of the audit shall be published in a newspaper of […]
Section 389.144 – Levy and Collection of Taxes; Use of Funds; Limitation; Determination and Certification of Rate and Amount of Taxes; Manner and Time of Levy and Collection; Summer Property Tax Levy; Applicability of Subsection (3); Disposition of Money Collected; Subjects of Taxation.
389.144 Levy and collection of taxes; use of funds; limitation; determination and certification of rate and amount of taxes; manner and time of levy and collection; summer property tax levy; applicability of subsection (3); disposition of money collected; subjects of taxation. Sec. 144. (1) The board of trustees of each community college district may levy […]
Section 389.145 – Community College District; Exemption From Taxation; Special Assessments.
389.145 Community college district; exemption from taxation; special assessments. Sec. 145. The property of the community college district shall be exempt from all taxation and assessment, and no writ of attachment or writ of execution shall be levied upon the property thereof. The board of trustees may enter into an agreement with any city, village […]
Section 389.151 – Community College District; Board of Trustees, Eligibility.
389.151 Community college district; board of trustees, eligibility. Sec. 151. Any qualified elector residing within the community college district or proposed community college district is eligible to be chosen as a board member. History: 1966, Act 331, Eff. Oct. 1, 1966 ;– Am. 1967, Act 231, Imd. Eff. July 10, 1967
Section 389.152 – Member of Community College Board; Nomination; Election.
389.152 Member of community college board; nomination; election. Sec. 152. A candidate for the office of member of a community college board shall be nominated, and members shall be elected, as provided in chapter XIV of the Michigan election law, MCL 168.301 to 168.315. History: 1966, Act 331, Eff. Oct. 1, 1966 ;– Am. 1967, […]