Sec. 9.
For the purpose of acquiring, constructing, improving, enlarging or extending facilities for the collection or disposal, or both, of garbage or rubbish, or both, or for the purpose of refunding bonds previously issued, the authority may issue self-liquidating revenue bonds in accordance with the provisions of Act No. 94 of the Public Acts of 1933, as amended, being sections 141.101 to 141.139 of the Compiled Laws of 1948. No such bonds shall be a general obligation of the authority but shall be payable from revenues only.
History: 1947, Act 179, Eff. Oct. 11, 1947 ;-- CL 1948, 123.309 ;-- Am. 1959, Act 205, Imd. Eff. July 23, 1959
Structure Michigan Compiled Laws
Chapter 123 - Local Government
Act 179 of 1947 - Joint Garbage and Rubbish Disposal (123.301 - 123.311)
Section 123.302 - Authority; Articles of Incorporation, Contents.
Section 123.303 - Authority; Corporate Powers; Construction of Act.
Section 123.304 - Authority; Acquisition, Management, Sale or Lease of Land; Condemnation.
Section 123.305 - Authority; Contracts; Time Limitations; Charges.
Section 123.306 - Authority; Right to Make Subcontracts.
Section 123.307 - Authority; Articles of Incorporation, Amendment.
Section 123.309 - Self-Liquidating Revenue Bonds; Issuance.