Section 69.22a – Repealed. 1998, Act 254, Imd. Eff. July 13, 1998.
69.22a Repealed. 1998, Act 254, Imd. Eff. July 13, 1998. Compiler’s Notes: The repealed section pertained to acquisition or operation of public utility.
Section 69.23 – Bonds; Approval of Electors Required; Exemption of Certain Bonds and Obligations; Expenses.
69.23 Bonds; approval of electors required; exemption of certain bonds and obligations; expenses. Sec. 23. (1) Subject to subsection (2), a village shall not issue bonds unless the issuance is approved by a majority of the electors voting on the bond issuance at a regular or special village election. The election shall be conducted in […]
Section 69.24 – Disbursements; Procedures.
69.24 Disbursements; procedures. Sec. 24. Disbursements may be made from the treasury under either of the following procedures: (a) Upon appropriation by the council and the warrant of the clerk, countersigned by the president. The warrant shall specify the fund from which the money is payable, and shall be paid from no other fund. A […]
Section 69.25 – Loans; Issuance and Execution of Bonds; Validation of Prior Bonds or Indebtedness.
69.25 Loans; issuance and execution of bonds; validation of prior bonds or indebtedness. Sec. 25. A loan may not be made by the council or by its authority in any year, exceeding the amounts prescribed in this act. For a loan lawfully made, the bonds of the village may be issued subject to the revised […]
Section 69.26, 69.27 – Repealed. 1974, Act 4, Imd. Eff. Jan. 30, 1974.
69.26, 69.27 Repealed. 1974, Act 4, Imd. Eff. Jan. 30, 1974. Compiler’s Notes: The repealed sections pertained to bonds and contractual obligations.
Section 69.20 – Tax on Personal Property; Collection Suit.
69.20 Tax on personal property; collection suit. Sec. 20. If the treasurer is unable to collect a tax assessed upon personal property in the village, the treasurer of the village may bring an action, in the name of the village, for the recovery of the tax, against any persons against whom the tax was assessed, […]
Section 69.21 – Borrowing in Anticipation of Revenue Sharing or Taxes.
69.21 Borrowing in anticipation of revenue sharing or taxes. Sec. 21. Subject to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821, the council may borrow money, and give notes of the village, in anticipation of 1 or more of the following: (a) The receipt of revenue sharing payments under the Glenn […]
Section 69.22 – Raising Additional Amounts by Tax or Loan; Approval of Electors; Limitation on Taxation and Indebtedness; Exclusions From Limitation; Validation of Prior Bonds or Obligations; Computation of Net Indebtedness for Purposes of Subsection (2).
69.22 Raising additional amounts by tax or loan; approval of electors; limitation on taxation and indebtedness; exclusions from limitation; validation of prior bonds or obligations; computation of net indebtedness for purposes of subsection (2). Sec. 22. (1) If any greater amount is required in any year for any lawful purpose than can otherwise be raised […]
Section 69.7 – Auditing and Settling Accounts; Statement.
69.7 Auditing and settling accounts; statement. Sec. 7. Within 2 weeks after an annual village election for members of the council, the council shall audit and settle the accounts of the treasurer and other officers of the village, and so far as practicable, of all persons having claims against the village. The council shall prepare […]
Section 69.7a – Commencement of Fiscal Year.
69.7a Commencement of fiscal year. Sec. 7a. The fiscal year of a village shall commence on March 1 of each year. The council may by ordinance adopt another date for the commencement of the village’s fiscal year. The fiscal year of any village subject to this act that commences on a date other than March […]