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Home » US Law » 2022 Michigan Compiled Laws » Chapter 141 - Municipal Financing » Act 554 of 2008 - Regional Convention Facility Authority Act (141.1351 - 141.1379)

Section 141.1351 – Short Title.

141.1351 Short title. Sec. 1. This act shall be known and may be cited as the “regional convention facility authority act”. History: 2008, Act 554, Eff. Jan. 20, 2009

Section 141.1353 – Legislative Findings.

141.1353 Legislative findings. Sec. 3. The legislature finds and declares all of the following: (a) That there exists in this state a continuing need to strengthen and revitalize the economy of this state and of local units of government in this state and that it is in best interests of this state and local units […]

Section 141.1355 – Definitions.

***** 141.1355 THIS SECTION IS AMENDED EFFECTIVE MARCH 29, 2023: See 141.1355.amended ***** 141.1355 Definitions. Sec. 5. As used in this act: (a) “Authority” means a regional convention facility authority created under section 7. (b) “Board” means the board of directors of an authority. (c) “Convention facility” means all or any part of, or any […]

Section 141.1355.amended – Definitions.

***** 141.1355.amended THIS AMENDED SECTION IS EFFECTIVE MARCH 29, 2023 ***** 141.1355.amended Definitions. Sec. 5. As used in this act: (a) “Authority” means a regional convention facility authority created under section 7. (b) “Board” means the board of directors of an authority. (c) “Convention facility” means all or any part of, or any combination of, […]

Section 141.1357 – Qualified Metropolitan Area; Creation of Authority; Authority as Municipal Public Body Corporate and Politic; Powers, Duties, and Jurisdictions; Name; Transfer of Qualified Convention Facility From Qualified City to Authority; Exemption From Taxes and Special Assessments; Presumption of Validity.

141.1357 Qualified metropolitan area; creation of authority; authority as municipal public body corporate and politic; powers, duties, and jurisdictions; name; transfer of qualified convention facility from qualified city to authority; exemption from taxes and special assessments; presumption of validity. Sec. 7. (1) For an area of this state that is a qualified metropolitan area on […]

Section 141.1359 – Board of Directors; Membership; Qualifications; “Local Government” Defined; Terms; Vacancy; Filing of Appointment; Oath; Compensation; Individuals Prohibited From Appointment.

141.1359 Board of directors; membership; qualifications; “local government” defined; terms; vacancy; filing of appointment; oath; compensation; individuals prohibited from appointment. Sec. 9. (1) An authority created under this act shall be directed and governed by a board of directors consisting of 5 members. The members of an authority board shall include all of the following: […]

Section 141.1361 – Board; Meeting; Election of Chairperson and Officers; Actions Requiring Unanimous Consent; Business Conducted at Public Meeting; Availability of Records and Documents to Public; System of Accounts; Annual Audit; Budget; Contracts; Use of Competitive Procurement Methods; Exceptions; Purchases; Preferences; Procedures to Monitor Performance of Contracts; Procurement Policy; Employment of Personnel; Certain Actions Prohibited; Citizens Advisory Council.

141.1361 Board; meeting; election of chairperson and officers; actions requiring unanimous consent; business conducted at public meeting; availability of records and documents to public; system of accounts; annual audit; budget; contracts; use of competitive procurement methods; exceptions; purchases; preferences; procedures to monitor performance of contracts; procurement policy; employment of personnel; certain actions prohibited; citizens advisory […]

Section 141.1363 – Chief Executive Officer; Appointment; Compensation; Duties; Responsibilities; Service; Powers; Bond; Certain Conduct Prohibited.

141.1363 Chief executive officer; appointment; compensation; duties; responsibilities; service; powers; bond; certain conduct prohibited. Sec. 13. (1) A board may appoint and fix the compensation of a chief executive officer for the authority. If the board appoints a chief executive officer, the board shall prescribe the duties and responsibilities of the chief executive officer in […]

Section 141.1365 – Board Member or Officer, Appointee, or Employee of Authority; Discharge of Duties; Nonpartisan; Reliance on Certain Opinions, Reports, or Statements; Adoption of Bylaws; Personal Liability; Insurance; Conflicts of Interest; Ethics Manual; Removal of Board Member From Office; Filing Financial Disclosure Statement; Rules; Interest in or Employment by Entity After Termination of Board Membership or Employment.

141.1365 Board member or officer, appointee, or employee of authority; discharge of duties; nonpartisan; reliance on certain opinions, reports, or statements; adoption of bylaws; personal liability; insurance; conflicts of interest; ethics manual; removal of board member from office; filing financial disclosure statement; rules; interest in or employment by entity after termination of board membership or […]

Section 141.1367 – Authority; Powers and Duties; Levy of Tax.

***** 141.1367 THIS SECTION IS AMENDED EFFECTIVE MARCH 29, 2023: See 141.1367.amended ***** 141.1367 Authority; powers and duties; levy of tax. Sec. 17. (1) Except as otherwise provided in this act, an authority may do all things necessary or convenient to implement the purposes, objectives, and provisions of this act and the purposes, objectives, and […]

Section 141.1367.amended – Authority; Powers and Duties; Levy of Tax.

***** 141.1367.amended THIS AMENDED SECTION IS EFFECTIVE MARCH 29, 2023 ***** 141.1367.amended Authority; powers and duties; levy of tax. Sec. 17. (1) Except as otherwise provided in this act, an authority may do all things necessary or convenient to implement the purposes, objectives, and provisions of this act and the purposes, objectives, and jurisdictions vested […]

Section 141.1369 – Transfer of Qualified Convention Facility to Authority; Resolution Disapproving Transfer; Leasing of Qualified Convention Facility to Authority; Lease Requirements; Actions to Occur on Transfer Date; Duties and Obligations of Authority; Certain Contracts, Agreements, Conveyances, Rights, Obligations, or Liabilities as Voidable; Cancellation or Termination of Agreement to Which Local Government Is Party; Reversion; Agreement to Make Capital Improvements.

141.1369 Transfer of qualified convention facility to authority; resolution disapproving transfer; leasing of qualified convention facility to authority; lease requirements; actions to occur on transfer date; duties and obligations of authority; certain contracts, agreements, conveyances, rights, obligations, or liabilities as voidable; cancellation or termination of agreement to which local government is party; reversion; agreement to […]

Section 141.1371 – Transfer of Employees to Authority; Reassignment of Employees Within Local Government; Representation; Rights and Benefits; Effect of Transfer on Pension Benefits or Credits.

141.1371 Transfer of employees to authority; reassignment of employees within local government; representation; rights and benefits; effect of transfer on pension benefits or credits. Sec. 21. (1) The authority, as of the transfer date, immediately shall assume and be bound by any existing collective bargaining agreements applicable to employees of the local government whose employment […]

Section 141.1373 – Revenue Sources; Establishment of Regional Convention Facility Operating Trust Fund; Expenditures; Limitation; Financial Obligation.

***** 141.1373 THIS SECTION IS AMENDED EFFECTIVE MARCH 29, 2023: See 141.1373.amended ***** 141.1373 Revenue sources; establishment of regional convention facility operating trust fund; expenditures; limitation; financial obligation. Sec. 23. (1) Except as provided in subsection (3), an authority may raise revenues to fund all of its activities, operations, and investments consistent with its purposes. […]

Section 141.1373.amended – Revenue Sources; Establishment of Regional Convention Facility Operating Trust Fund; Expenditures; Financial Obligation.

***** 141.1373.amended THIS AMENDED SECTION IS EFFECTIVE MARCH 29, 2023 ***** 141.1373.amended Revenue sources; establishment of regional convention facility operating trust fund; expenditures; financial obligation. Sec. 23. (1) Except as provided in subsection (3), an authority may raise revenues to fund all of its activities, operations, and investments consistent with its purposes. The sources of […]

Section 141.1375 – Bonds or Municipal Securities; Issuance; Interest Rate Exchange or Swap, Hedge, or Similar Agreements; Creation of Reserve Fund; Pledge; Filing; Issuance and Delivery of Notes; Maturity; Use of Proceeds; Exemptions.

141.1375 Bonds or municipal securities; issuance; interest rate exchange or swap, hedge, or similar agreements; creation of reserve fund; pledge; filing; issuance and delivery of notes; maturity; use of proceeds; exemptions. Sec. 25. (1) For the purpose of acquiring, purchasing, constructing, improving, enlarging, furnishing, equipping, reequipping, developing, refinancing, or repairing a convention facility transferred under […]

Section 141.1379 – Applicability of Restrictions Standards or Prerequisites of Local Government; Additional Powers; Construction of Act.

141.1379 Applicability of restrictions standards or prerequisites of local government; additional powers; construction of act. Sec. 29. (1) Unless permitted by this act or approved by an authority, any restrictions standards or prerequisites of a local government otherwise applicable to an authority and enacted after the effective date of this act shall not apply to […]