HOUSE BILL No. 5171 September 30, 1997, Introduced by Reps. Brater, Brackenridge and Dobronski and referred to the Committee on Local Government. A bill to amend 1933 (Ex Sess) PA 18, entitled "An act to authorize any city, village, township, or county to purchase, acquire, construct, maintain, operate, improve, extend, and repair housing facilities; to eliminate housing conditions which are detrimental to the public peace, health, safety, morals, or welfare; and for any such purposes to authorize any such city, village, township, or county to create a commission with power to effectuate said purposes, and to prescribe the powers and duties of such commission and of such city, village, township, or county; and for any such purposes to authorize any such commission, city, village, township, or county to issue notes and revenue bonds; to regulate the issuance, sale, retire- ment, and refunding of such notes and bonds; to regulate the rentals of such projects and the use of the revenues of the projects; to prescribe the manner of selecting tenants for such projects; to provide for condemnation of private property for such projects; to confer certain powers upon such commissions, cities, villages, townships, and counties in relation to such projects, including the power to receive aid and cooperation of the federal government; to provide for a referendum thereon; to provide for cooperative financing by 2 or more commissions, cities, villages, townships, or counties or any combination thereof; to provide for the issuance, sale, and retirement of revenue bonds and special obligation notes for such purposes; to provide for financing agreements between cooperating borrowers; to provide for other matters relative to the bonds and notes and methods of cooperative financing; and for other purposes," 02378'97 ss KKR 2 (MCL 125.651 to 125.709c) by amending the title, as amended by 1996 PA 338, and by adding section 3a. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 TITLE 2 An act to authorize any city, village, township, or county 3 to purchase, acquire, construct, maintain, operate, improve, 4 extend, and repair housing facilities; to eliminate housing con- 5 ditions which are detrimental to the public peace, health, 6 safety, morals, or welfare; and for any such purposes to autho- 7 rize any such city, village, township, or county to create a com- 8 mission with power to effectuate said purposes, and to prescribe 9 the powers and duties of such commission and of such city, vil- 10 lage, township, or county; and for any such purposes to authorize 11 any such commission, city, village, township, or county to issue 12 notes and revenue bonds; to regulate the issuance, sale, retire- 13 ment, and refunding of such notes and bonds; to regulate the 14 rentals of such projects and the use of the revenues of the 15 projects; to prescribe the manner of selecting tenants for such 16 projects; to provide for condemnation of private property for 17 such projects; to confer certain powers upon such commissions, 18 cities, villages, townships, and counties in relation to such 19 projects, including the power to receive aid and cooperation of 20 the federal government; to provide for a referendum thereon; to 21 provide for cooperative financing by 2 or more commissions, 22 cities, villages, townships, or counties or any combination 23 thereof; to provide for the issuance, sale, and retirement of 24 revenue bonds and special obligation notes for such purposes; to 02378'97 ss 3 1 provide for financing agreements between cooperating borrowers; 2 to provide for other matters relative to the bonds and notes and 3 methods of cooperative financing;andfor other purposes; AND 4 TO PRESCRIBE PENALTIES AND PROVIDE REMEDIES. 5 SEC. 3A. A PETITION UNDER SECTION 3, INCLUDING THE CIRCULA- 6 TION AND SIGNING OF THE PETITION, IS SUBJECT TO SECTION 488 OF 7 THE MICHIGAN ELECTION LAW, 1954 PA 116, MCL 168.488. A PERSON 8 WHO VIOLATES A PROVISION OF THE MICHIGAN ELECTION LAW, 1954 PA 9 116, MCL 168.1 TO 168.992, APPLICABLE TO A PETITION DESCRIBED IN 10 THIS SECTION IS SUBJECT TO THE PENALTIES PRESCRIBED FOR THAT VIO- 11 LATION IN THE MICHIGAN ELECTION LAW, 1954 PA 116, MCL 168.1 TO 12 168.992. 13 Enacting section 1. This amendatory act does not take 14 effect unless Senate Bill No. _____ or House Bill No. _____ 15 (request no. 02378'97) of the 89th Legislature is enacted into 16 law. 02378'97 ss Final page. KKR