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Public Act Number: 145
Public Act Year: 2000
Document Type(s): MCLs
(10 results found)
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Document Type Description
Section 125.2652 Section Definitions.
Section 125.2653 Section Brownfield redevelopment authority; establishment; exercise of powers; alteration or amendment of boundaries; authority as public body corporate; written agreement with county.
Section 125.2654 Section Resolution by governing body; adoption; notice; public hearing; proceedings establishing authority; presumption of validity; exercise of powers as essential governmental function.
Section 125.2655 Section Designation of board by governing body; membership; trustees; applicability of subsection (2); election of chairperson, vice-chairperson, and other officers; oath; procedural rules; meetings; special meetings; removal of member; records open to public; quorum.
Section 125.2657 Section Powers of authority; determining captured taxable value; transfer of municipality funds to authority.
Section 125.2658 Section Local brownfield revolving fund.
Section 125.2663 Section Brownfield plan; provisions.
Section 125.2665 Section Work plan; documents to be submitted for approval; conditions for approval; written response; time limitations; department specific activities; review by department; approval or denial of work plan as final decision; appeal; approval by Michigan strategic fund or Michigan state housing development authority; duties; criteria; failure to provide written response; final approval; report; distribution of remaining funds; extension of review period; approval of combined brownfield plan.
Section 125.2666 Section Tax increment revenues; transmission to authority; expenditure; reversion of surplus funds; financial status report; collection and compilation of financial reports by department, Michigan strategic fund, and Michigan state housing development authority; reporting obligations; performance postaudit report by auditor general; report by owner or developer for active project within brownfield plan; requirements applicable to transformational brownfield plan.
Section 125.2669 Section Dissolution of authority; distribution of tax revenues and interest.