Sec. 24.
The legislative body of each municipality which is a part of the authority may advance or loan to the authority any moneys required for administrative expenses or for the purpose of obtaining maps, plans, designs, specifications and cost estimates of a proposed water supply and transmission system. Any advances or loans may be included as a part of any bond issue by the authority under the provisions of this act, and repaid to the municipality upon the sale of the bonds.
History: 1957, Act 4, Imd. Eff. Mar. 20, 1957
Structure Michigan Compiled Laws
Chapter 121 - Charter Water Authority
Act 4 of 1957 - Charter Water Authority Act (121.1 - 121.29)
Section 121.1 - Charter Water Authority; Definition; Intent of Act, Limitation on Authority.
Section 121.2 - Incorporating Municipalities; Act as Charter.
Section 121.3 - Referendum on Joinder; Form of Ballot.
Section 121.4 - Referendum; Simultaneous Submission.
Section 121.5 - Referendum; Certificates, Incorporation, Name.
Section 121.6 - Board of Commissioners; Voting Strength, Term.
Section 121.7 - Board of Commissioners; First Meeting, Officers, Employees, Bylaws, Office.
Section 121.8 - Board of Commissioners; Record of Proceedings; Accounts, Audit, Bond.
Section 121.9 - Rates and Charges; Revision; Revenues, Priority.
Section 121.10 - Rates and Charges; Duration of Contract With Governmental Unit.
Section 121.11 - Budget; Submission, Hearing, Adoption.
Section 121.13 - Bonds; Maximum; Authorizing Resolution, Contents.
Section 121.14 - Repealed. 2002, Act 446, Imd. Eff. June 17, 2002.
Section 121.14a - Violation of MCL 168.1 to 168.992 Applicable to Petitions; Penalties.
Section 121.15 - Bonds; Issuance Subject to Revised Municipal Finance Act.
Section 121.16 - Taxes; Rates; Assessment; Levy; Collection; Subjects.
Section 121.17 - Repealed. 2002, Act 446, Imd. Eff. June 17, 2002.
Section 121.18 - Taxes; Administration Expenses.
Section 121.19 - Taxes; Payment by Constituent Municipality.
Section 121.20 - Contract Payments; Powers of Municipal Legislative Body.
Section 121.21 - Charter Water Authority; Body Corporate; Charter, Powers.
Section 121.22 - Authority; Acquisition of Water Supply and Transmission System, Condemnation.
Section 121.23 - Authority; Change in Municipal Jurisdiction.
Section 121.24 - Authority; Advancements for Administrative Expense.
Section 121.25 - Authority; Contracts for Water to Nonconstituent Municipalities, Duration.
Section 121.26 - Joinder of Municipality After Incorporation of Authority; Procedure.
Section 121.27 - Additional Powers.