Michigan Compiled Laws
Chapter 125 - Planning, Housing, and Zoning
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...

120-1961-2 - Chapter 2 Business Improvement Zone (125.990...125.990n)

Section 125.990 - Definitions. - Sec. 10. As used in this chapter: (a) "Assessable property"...

Section 125.990a - Business Improvement Zone as Public Body Corporate; Powers; Authority. - Sec. 10a. (1) A business improvement zone is a public...

Section 125.990b - Business Improvement Zone; Establishment Within City or Village; Allocation of Assessments. - Sec. 10b. (1) One or more business improvement zones may...

Section 125.990c - Initiation by Delivery of Petition. - Sec. 10c. A person may initiate the establishment of a...

Section 125.990d - Repealed. 2013, Act 126, Imd. Eff. Oct. 9, 2013. - Compiler's Notes: The repealed section pertained to adoption of zone...

Section 125.990e - Public Hearing of Governing Body; Notice; Approval or Rejection; Amendment; Resubmission; Zone Plan; Assessment; Election; Publication of Notice; Assisting in Conduct of Election. - Sec. 10e. (1) If a petition is delivered to the...

Section 125.990f - Voting; Eligibility; Conduct; Question; Adoption of Business Improvement Zone and Zone Plan; Expenses; Duration; Compliance With State and Federal Laws; Immunity of City or Village. - Sec. 10f. (1) All property owners as of the date...

Section 125.990g - Board of Directors; Management of Day-to-Day Activities; Members; Duties and Responsibilities; Reimbursement. - Sec. 10g. (1) The day-to-day activities of the business improvement...

Section 125.990h - Assessments. - Sec. 10h. (1) A business improvement zone may be funded...

Section 125.990i - Audit. - Sec. 10i. (1) Expenses incurred in implementing any project or...

Section 125.990j - Zone Plan Amendment. - Sec. 10j. A zone plan may be amended. Amendments shall...

Section 125.990k - Expiration of Qualifying Period; Special Meeting to Approve New Zone Plan; Notice. - Sec. 10k. (1) Prior to the expiration of any qualifying...

Section 125.990l - Dissolution. - Sec. 10l. (1) Upon written petition duly signed by 30%...

Section 125.990m - Public Meeting; Compliance With Open Meetings Act; Public Records; Meeting Location. - Sec. 10m. (1) The board shall conduct business at a...

Section 125.990n - Merger Agreement. - Sec. 10n. (1) Two or more business improvement zones within...