110 chapters · 1,399 sections in this title.
Mich. Comp. Laws § 125.981 Definitions; principal shopping district; business improvement district; creation, appointment, and composition of board.
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Sec. 1. (1) As used in this chapter: (a) "Assessable property" means real property in a district area other than all of the following: (i) Property classified as residential real property under section 34c of the general property tax act, 1893 PA 206, MCL 211.34c, unless the loca…
Mich. Comp. Laws § 125.982 Principal shopping district project or business improvement project; methods or criteria for financing costs.
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Sec. 2. (1) The cost of the whole or any part of a principal shopping district project or business improvement district project as authorized in this chapter may be financed by 1 or more of the following methods: (a) Grants and gifts to the local governmental unit or district. (b…
Mich. Comp. Laws § 125.983 District project as public improvement.
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Sec. 3. A district project as authorized under this chapter is a public improvement. The use in this chapter of the term "public improvement" does not prevent the levying of a special assessment for the cost of a part of a district project that represents special benefits.
Mich. Comp. Laws § 125.984 Development or redevelopment of district; single improvement.
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Sec. 4. The development or redevelopment of a district, including the various phases of the development or redevelopment, is 1 project and, in the discretion of the governing body of the local governmental unit, may be financed as a single improvement.