Michigan Compiled Laws
Act 120 of 1961 - Principal Shopping Districts and Business Improvement Districts (125.981 - 125.990n)
120-1961-1 - Chapter 1 Principal Shopping District (125.981...125.987)

Section 125.981 - Definitions; Principal Shopping District; Business Improvement District; Creation, Appointment, and Composition of Board. - Sec. 1. (1) As used in this chapter: (a) "Assessable...

Section 125.982 - Principal Shopping District Project or Business Improvement Project; Methods or Criteria for Financing Costs. - Sec. 2. (1) The cost of the whole or any...

Section 125.983 - District Project as Public Improvement. - Sec. 3. A district project as authorized under this chapter...

Section 125.984 - Development or Redevelopment of District; Single Improvement. - Sec. 4. The development or redevelopment of a district, including...

Section 125.985 - Special Assessments; Levy; Installment Payments; Maximum Annual Amounts; Adjustment; Special Assessment Bonds; Full Faith and Credit; Maturity; Statutory or Charter Provisions; Review; Marketing and Development Plan; Homestead Defer... - Sec. 5. (1) If a local governmental unit elects to...

Section 125.986 - Special Assessments; Off-Street Parking Lots or Structures. - Sec. 6. If off-street parking lots or structures are essential...

Section 125.987 - Additional Powers. - Sec. 7. The powers granted by this chapter are in...