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82 chapters · 471 sections in this title.
Mich. Comp. Laws § 123.1281 Issuance of bonds.
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Sec. 21. (1) For the purpose of constructing, acquiring, improving, enlarging, or extending a lighting system, including the payment of engineering, legal, and financing expenses, and after the establishment of the initial service rates and the execution of contracts for the prov…
Mich. Comp. Laws § 123.1283 Ancillary facility.
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Sec. 23. (1) An authority may enter into, amend, or terminate, as it determines necessary or appropriate, any ancillary facility for any of the following purposes: (a) To facilitate the issue, sale, resale, purchase, repurchase, or payment of bonds, or the making or performance o…
Mich. Comp. Laws § 123.1285 Contracts; trust agreement; definitions.
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Sec. 25. (1) An authority and the local government comprising the authority may enter into a contract providing for the construction, acquisition, improvement, enlargement, or extension of a lighting system, including the payment of engineering, legal, and financing expenses in c…
Mich. Comp. Laws § 123.1287 Property as public property; exemption from taxes.
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Sec. 27. (1) The property of an authority created under this act is public property devoted to an essential public and governmental purpose. Income of an authority is for a public and governmental purpose. (2) Except as otherwise provided in this subsection, the property of an au…