Sec. 10.
A municipality may transfer private property taken under the uniform condemnation procedures act, Act No. 87 of the Public Acts of 1980, being sections 213.51 to 213.77 of the Michigan Compiled Laws, to the authority for use as authorized in the brownfield plan, on terms and conditions it considers appropriate. The taking, transfer, and use shall be considered necessary for public purposes and for the benefit of the public.
History: 1996, Act 381, Eff. Sept. 16, 1996
Structure Michigan Compiled Laws
Chapter 125 - Planning, Housing, and Zoning
Act 381 of 1996 - Brownfield Redevelopment Financing Act (125.2651 - 125.2672)
Section 125.2651 - Short Title.
Section 125.2652 - Definitions.
Section 125.2658 - Local Brownfield Revolving Fund.
Section 125.2658a - State Brownfield Redevelopment Fund.
Section 125.2659 - Authority as Instrumentality of Political Subdivision.
Section 125.2660 - Taking, Transfer, and Use of Private Property.
Section 125.2661 - Financing Sources of Authority Activities.
Section 125.2662 - Bonds and Notes of Authority.
Section 125.2663 - Brownfield Plan; Provisions.
Section 125.2663a - Cost Recovery Action.
Section 125.2663b - Use of Taxes Captured From Eligible Property.
Section 125.2663c - Transformational Brownfield Plan.
Section 125.2665b - Reimbursement to Intermediate School Districts.
Section 125.2667 - Authorization, Issuance, and Sale of Tax Increment Bonds and Notes.
Section 125.2668 - Operating Budget.
Section 125.2669 - Dissolution of Authority; Distribution of Tax Revenues and Interest.
Section 125.2670 - Enforcement Proceedings.
Section 125.2671 - Repealed. 2016, Act 471, Eff. Apr. 5, 2017.
Section 125.2672 - Repealed. 2016, Act 471, Eff. Apr. 5, 2017.