Sec. 11.
(1) An authority is a public municipal corporation. The authority is a public body corporate with the power to sue and be sued in any court of this state. The authority possesses all the powers necessary to carry out the purposes of its incorporation. The enumeration of any powers in this act shall not be construed as a limitation on an authority's general powers.
(2) An authority may do any of the following:
(a) Adopt bylaws for the regulation of the authority's affairs and the conducting of its business.
(b) Adopt an official seal and alter the seal at its pleasure.
(c) Maintain an office at a place or places within this state as it may designate.
(d) Sue and be sued in its own name, plead, and be impleaded.
(e) Determine the location of any project constructed by it under this act and determine, in its discretion and without reference to any other provisions of this act or any other law, the design, standards, and the materials of construction, and construct, maintain, repair, and operate the project.
(f) Issue bonds of the authority for any of its corporate purposes under those means as provided in this act.
(g) Adopt and promulgate rules and regulations for the use of any project operated or constructed by it under the provisions of this act.
(h) Acquire, hold, lease, and dispose of real and personal property in the exercise of its powers and the performance of its duties under this act.
(i) Engage engineering, legal, and other professional services as considered necessary to effectuate the purposes of the authority.
(3) The authority shall maintain its books and records and its funds on an enterprise fund basis. An authority shall not pay any net proceeds or profits to its local government, but may pay the local government for services provided.
(4) Following the appointment of the authority board, the board shall implement a best value supply chain and procurement practice and shall annually report to the governing body of the local government.
History: 2012, Act 392, Imd. Eff. Dec. 19, 2012
Structure Michigan Compiled Laws
Chapter 123 - Local Government
Act 392 of 2012 - Municipal Lighting Authority Act (123.1261 - 123.1295)
Section 123.1261 - Short Title.
Section 123.1263 - Definitions.
Section 123.1267 - Alteration of Laws and Regulations of Utility Franchise.
Section 123.1269 - Articles of Incorporation.
Section 123.1279 - Fiscal Year; Commencement; Ending.
Section 123.1281 - Issuance of Bonds.
Section 123.1283 - Ancillary Facility.
Section 123.1285 - Contracts; Trust Agreement; Definitions.
Section 123.1287 - Property as Public Property; Exemption From Taxes.
Section 123.1289 - Acquisition of Property.
Section 123.1291 - Advance or Loan of Money From Local Governing Body to Authority.
Section 123.1293 - Powers in Addition to Charter or Statute.