Michigan Compiled Laws
Act 381 of 1996 - Brownfield Redevelopment Financing Act (125.2651 - 125.2672)
Section 125.2672 - Repealed. 2016, Act 471, Eff. Apr. 5, 2017.

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 125.2653 - Brownfield Redevelopment Authority; Establishment; Exercise of Powers; Alteration or Amendment of Boundaries; Authority as Public Body Corporate; Written Agreement With County.

Section 125.2654 - Resolution by Governing Body; Adoption; Notice; Public Hearing; Proceedings Establishing Authority; Presumption of Validity; Exercise of Powers as Essential Governmental Function.

Section 125.2655 - Designation of Board by Governing Body; Membership; Trustees; Applicability of Subsection (2); Election of Chairperson, Vice-Chairperson, and Other Officers; Oath; Procedural Rules; Meetings; Special Meetings; Removal of Member; Re...

Section 125.2656 - Appointment or Employment of Director, Treasurer, Secretary, Personnel, and Consultants; Assistance Provided by Municipality; Retirement and Insurance Programs.

Section 125.2657 - Powers of Authority; Determining Captured Taxable Value; Transfer of Municipality Funds to Authority.

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 125.2664 - Brownfield Plan; Approval; Public Hearing; Record; Notice; Public Purpose; Determination; Amendments to Plan; Validity of Procedure, Notice, and Findings; Presumption; Abolishment or Termination of Plan.

Section 125.2664a - Transformational Brownfield Plan; Approval and Review by Governing Body and Michigan Strategic Fund.

Section 125.2665 - Work Plan; Documents to Be Submitted for Approval; Conditions for Approval; Written Response; Time Limitations; Department Specific Activities; Review by Department; Approval or Denial of Work Plan as Final Decision; Appeal; Approv...

Section 125.2665a - Retention and Payment of Taxes Levied Under State Education Tax Act; Conditions; Use; Application for Approval by Authority; Information to Be Included; Approval, Modification, or Denial of Application by Department of Treasury; A...

Section 125.2665b - Reimbursement to Intermediate School Districts.

Section 125.2666 - Tax Increment Revenues; Transmission to Authority; Expenditure; Reversion of Surplus Funds; Financial Status Report; Collection and Compilation of Financial Reports by Department and Michigan Strategic Fund; Reporting Obligations;...

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.