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66 chapters · 621 sections in this title.
Mich. Comp. Laws § 141.261 Funds for public improvements or buildings.
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Sec. 1. The legislative or governing body of any political subdivision is hereby authorized and empowered to create and establish a fund or funds for the purpose of appropriating, providing for, setting aside and accumulating moneys to be used for acquiring, constructing, extendi…
Mich. Comp. Laws § 141.262 Funds for public improvements or buildings; transfer or encumbrance.
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Sec. 2. Notwithstanding the provisions of any law or the charter of any city or village, moneys accumulated in said fund shall not be transferred, encumbered or otherwise disposed of, except for the purpose of acquiring, constructing, extending, altering, repairing or equipping p…
Mich. Comp. Laws § 141.263 Funds for public improvements or buildings; allocation of miscellaneous revenues; sale of lands.
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Sec. 3. The legislative or governing body of any political subdivision may allocate to said fund miscellaneous revenues received and credited to the general fund, including revenues received by said political subdivision under the provisions of Act No. 155 of the Public Acts of 1…
Mich. Comp. Laws § 141.264 Tax limitation.
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Sec. 4. Nothing in this act shall be construed so as to authorize any city or village to exceed any tax limitation imposed by law or charter of said city or village.