Sec. 8.
(1) After approval of the application for a certificate by the legislative body of the local governmental unit and the department, the clerk of the local governmental unit shall issue to the applicant a certificate in a form determined by the department that shall contain all of the following:
(a) A legal description of the real property on which the facility is located or is to be located.
(b) A descriptive list of the machinery, equipment, furniture, fixtures, and other personal property, if any, to be located in the facility.
(c) A statement that the certificate remains in force with respect to the property described in the certificate for the period stated in the certificate, unless revoked as provided in this act.
(2) The certificate shall take effect beginning on the December 31 next following the date of issuance of the certificate.
(3) The clerk of the local governmental unit shall file a copy of the certificate with the department, and the department shall maintain a record of all certificates filed.
History: 1984, Act 385, Imd. Eff. Dec. 28, 1984 ;-- Am. 1990, Act 151, Imd. Eff. June 27, 1990
Structure Michigan Compiled Laws
Act 385 of 1984 - Technology Park Development Act (207.701 - 207.718)
Section 207.701 - Short Title.
Section 207.702 - Meanings of Words and Phrases.
Section 207.703 - Definitions; D to P.
Section 207.704 - Definitions; S, T.
Section 207.707 - Approval or Disapproval of Application; Resolution.
Section 207.708 - Certificate; Issuance; Form; Contents; Effective Date; Filing; Record.
Section 207.711 - Annual Valuation of Facility; Duties of Assessor.
Section 207.714 - Revocation of Certificate; Grounds; Effect of Noncompliance.
Section 207.715 - Transfer of Certificate; Filing Application for Approval.
Section 207.716 - Status of Certificate; Report.
Section 207.717 - Analyses of Costs and Benefits.
Section 207.718 - Exemptions; Submission of Analyses of Costs and Benefits.