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Section 110.20 – Tax or Loan to Raise Greater Amount; Vote of Electors; Maximum Amount; Limitation on Amount of Indebtedness; Fire, Flood, or Other Calamity Requiring Emergency Fund; Exclusions From Computation of Net Indebtedness; Deducting Resources of Sinking Fund; Validation of Bonds or Contract or Assessment Obligations; Calculating Assessed Value Equivalent.

110.20 Tax or loan to raise greater amount; vote of electors; maximum amount; limitation on amount of indebtedness; fire, flood, or other calamity requiring emergency fund; exclusions from computation of net indebtedness; deducting resources of sinking fund; validation of bonds or contract or assessment obligations; calculating assessed value equivalent. Sec. 20. (1) If a greater […]

Section 110.21 – Bonds; Approval of Electors Required; Exceptions.

110.21 Bonds; approval of electors required; exceptions. Sec. 21. Bonds shall not be issued, except special assessment bonds, bonds for the portion of the cost of local improvements to be paid by the city at large, not to exceed 40% of the cost of the improvements, bonds for capital improvements in the annual budget as […]

Section 110.22 – Accounting Rules; Moneys Received.

110.22 Accounting rules; moneys received. Sec. 22. All moneys and taxes raised, loaned or appropriated for the purposes of any particular fund, shall be paid in and credited to such fund, and shall be applied to the purposes for which such moneys were raised and received, and to none other; nor shall the moneys belonging […]

Section 110.23 – Moneys; Procedure for Disbursement.

110.23 Moneys; procedure for disbursement. Sec. 23. No money shall be drawn from the treasury, except in pursuance of the authority and appropriation of the council and upon the warrant of the clerk. Such warrant shall specify the fund from which it is payable, and shall be paid from no other fund. History: 1895, Act […]

Section 110.25 – Loans; Limitation; Bonds.

110.25 Loans; limitation; bonds. Sec. 25. Loans shall not be made by the council, or by its authority, in any year exceeding the amounts prescribed in this act. For any loans lawfully made, the bonds of the city may be issued, subject to the provisions of the revised municipal finance act, 2001 PA 34, MCL […]

Section 110.26 – Annual Accounts Audit by Council; Statement, Contents.

110.26 Annual accounts audit by council; statement, contents. Sec. 26. Immediately upon the close of the fiscal year the council shall audit and settle the accounts of the city treasurer and other officers of the city, and the accounts also, as far as practicable, of all persons having claims against the city, or accounts with […]

Section 110.11 – Expense Estimate of Council; Deficiencies; Installment Levies.

110.11 Expense estimate of council; deficiencies; installment levies. Sec. 11. The council shall also in the same month determine upon the amount required to be raised in the next general tax levy to meet any deficiencies for the current year; also the amount or part of any special assessments which they required to be levied […]

Section 109.8 – Trades Within Certain Districts Prohibited; Combustibles, Regulation.

109.8 Trades within certain districts prohibited; combustibles, regulation. Sec. 8. The council may also prohibit within such places or districts as they shall deem expedient, the location of shops; the prosecution of any trade or business; the keeping of lumber yards; and the storing of lumber, wood or other easily inflammable material, in open places, […]