Michigan Compiled Laws
Act 51 of 1951 - State Trunk Line Highway System (247.651 - 247.675)
Section 247.668l - Borrowing Money and Issuing Notes or Bonds in Anticipation of Federal Funds.

Sec. 18l.
(1) In order to provide a more immediate economic impact and the creation of job opportunities by accelerating vital transportation projects as part of an infrastructure investment program, the state transportation commission, as soon as possible after the effective date of this section, may borrow money and issue notes or bonds in anticipation of the receipt of the additional approximately $1,200,000,000.00 in increased funds from the federal government pursuant to the intermodal surface transportation efficiency act of 1991, Public Law 102-240 and any other appropriate federal funding sources available to the department as the respective funds become available, and may pledge for the payment of the principal, interest, and redemption premiums on such notes or bonds sufficient funds from the funds received each fiscal year beginning with the fiscal year ending September 30, 1993 and through the fiscal year ending September 30, 1997 from the federal government pursuant to the intermodal surface transportation efficiency act of 1991, Public Law 102-240 or any other appropriate revenues available consistent with federal and state law as the respective funds become available each year in order to repay the notes or bonds and the debt service on the notes or bonds.
(2) The bonds or notes issued pursuant to subsection (1) shall be issued by the commission to fund projects for any purpose for which federal funds received through the intermodal surface transportation efficiency act of 1991 may be used to fulfill the requirements of that act and for any other purpose consistent with state and federal law.
(3) The notes or bonds authorized by this section shall be issued by resolution of the state transportation commission consistent with the requirements of section 18b.
History: Add. 1992, Act 224, Imd. Eff. Oct. 15, 1992 Popular Name: McNitt ActPopular Name: Michigan Transportation Fund Act

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 247 - Highways

Act 51 of 1951 - State Trunk Line Highway System (247.651 - 247.675)

Section 247.651 - State Trunk Line Highway System; Additions and Deletions; Operating License Agreement With Regional Transit Authority to Operate Public Transit System.

Section 247.651a - State Trunk Line Highway System; Construction, Maintenance, Improvement; Control of State Highway Commissioner; Change in Line of Road.

Section 247.651b - Cost of Maintaining State Trunk Line Highways; Preservation of Aesthetic and Historic Character of Abutting National Historic Landmark; Service Plaza Prohibited.

Section 247.651c - Cost of Opening, Widening, and Improving State Trunk Line Highways.

Section 247.651d - Contract for Joint Participation in Cost; Approval; Renegotiation; Local Taxation; Bonds; Special Assessment.

Section 247.651e - Contract With City or Village for Joint Participation in Cost; Assumption by Board of County Road Commissioners, Approval.

Section 247.651f - State Trunk Lines; Cancellation of Municipal Obligations; Assumption by State.

Section 247.651g - Pavement Management System.

Section 247.651h - Life-Cycle Cost Analysis; "Life-Cycle Cost" Defined; Substitutes for Requirements Listed in Subsection (3).

Section 247.651i - Demonstration Projects.

Section 247.651j - Road Innovation Task Force; Purpose; Report; Availability of Report to Public; Update of Finalized Report; Deposit of Amount Into State Treasury; Roads Innovation Fund; Creation; Investment; Interest and Earnings; Money Remaining i...

Section 247.652 - Tentative System of County Primary Roads; Selection and Certification; Check and Review; Approval; County Primary Road System.

Section 247.653 - Tentative System of County Primary Roads; Roads Included or Deleted.

Section 247.654 - Tentative System of County Primary Roads; Roads Under Jurisdiction of County Road Commissioners; Certification and Review.

Section 247.655 - Tentative System of County Primary Roads; Official Name; Establishment, Certification, and Approval.

Section 247.655a - Seasonal County Road System.

Section 247.656 - Tentative System of Streets; Selection and Certification; Approval.

Section 247.657 - Tentative System of Streets; Included or Deleted.

Section 247.658 - Tentative System of Streets; Streets Not Included, Certification and Approval.

Section 247.659 - Tentative System of Streets; Official Name; Establishment and Certification.

Section 247.659a - Definitions; Transportation Asset Management Council; Creation; Charge; Membership; Appointments; Michigan Infrastructure Council; Staff and Technical Assistance; Advisory Committee; Infrastructure Asset Management Pilot Program; T...

Section 247.659b - Contracts to Construct or Repair Roads or Bridges; Assistance to Minority Business Enterprises; Notice to Legislative Committees; Definitions; Other Duties of Department.

Section 247.659c - Review of Adequacy of Surface Transportation and Aeronautics Service Provision and Finance; Appointment of Task Force by Governor; Duties; Membership; Citizens Advisory Committee; Creation; Purpose; Technical Staff and Administrati...

Section 247.659d - "Port Facility" Definition.

Section 247.660 - Michigan Transportation Fund; Establishment; Use of Appropriated Money; Programs; Allocation to Transportation Economic Development Fund; Establishment of Local Bridge Fund and Regional Bridge Councils; Distribution and Allocation o...

Section 247.660a - Transferred Mileage; Worth per Mile of County Primary and Local Roads; Determination of Money to Be Transferred; Jurisdictional Transfers Made After July 1, 1992; Construction of Subsections (4) and (5); Transfer of Funds Included...

Section 247.660b - Comprehensive Transportation Fund.

Section 247.660c - Definitions.

Section 247.660d - Comprehensive Transportation Fund; Distribution.

Section 247.660e - Comprehensive Transportation Fund; Appropriation and Expenditure; Order of Priority; Capital Grants; Instructions; Submission of Local Transportation Program to Department; Department Transportation Program; Proposed State Transpor...

Section 247.660f - Repealed. 1982, Act 438, Eff. Jan. 1, 1983.

Section 247.660g - Rules.

Section 247.660h - Report by State Transportation Commission to Legislature, Governor, and Auditor General; Contents; Audit; Cost; Submission of Audit Report and Management Letter to Department; Minimum Audit Standards and Requirements; Task Force.

Section 247.660i - Repealed. 1978, Act 444, Imd. Eff. Oct. 10, 1978.

Section 247.660j - Ineligibility for Grant or Distribution; Accrued Pension or Retirement Liabilities.

Section 247.660k - Nonmotorized Transportation Services and Facilities; Expenditures; Improvements as Qualified Nonmotorized Facility; Meeting Requirements of Section; 5-Year Program; Notice and Consultation; Establishment of Facilities; Information...

Section 247.660l - Return of Audit as Credit to Cities, Villages, and Townships; Expenditure of Credit; Use of Unexpended Credit; Final Decision; Expenditure by County as Condition Prohibited; Coordination of Services; “Operating Deficit” Defined.

Section 247.660m - Schedule.

Section 247.660n - Comprehensive Transportation Fund; Distribution of Funds; Notes.

Section 247.660o - Allocation of Federal Funds to Local Jurisdictions; Distributions; Local Federal Aid Exchange Program.

Section 247.660p - Definitions; Complete Streets Policy; Duties of State Transportation Commission; Consultation by Department or County Road Agency With Municipality; Agreements for Maintenance of Transportation Facilities.

Section 247.660r - Tolling Highways; Feasibility Study and Strategic Implementation Plan; Written Report.

Section 247.660s - Maritime and Port Facility Assistance Office; Responsibilities and Duties.

Section 247.661 - State Trunk Line Fund; Separate Fund; Appropriation; Purposes; Order of Priority; Expenditures; Borrowing by Local Road Agency; Deductions; Approval; Notice; Borrowing by State Transportation Commission; Procedures for Implementatio...

Section 247.661a - Use of Agricultural Additives Pilot Program; Report to Legislature.

Section 247.661b - Repealed. 2004, Act 384, Imd. Eff. Oct. 12, 2004.

Section 247.661c - Construction or Preservation Projects to Be Performed by Contract Awarded by Competitive Bidding; Other Method; Findings; Report; "Local Road Agency" Defined.

Section 247.661d - Report to Legislature on Changes in Department's Accounting System.

Section 247.661e - Local Program Fund; Creation; Purpose; Distribution of Funds; Local Federal Match Program; Use.

Section 247.661f - Funds Received Under Local Federal Match Program; Projects; Submission; Grant Awards; Criteria; Unused Bond Proceeds; Reports; Distribution of Remaining Funds; Additional Criteria.

Section 247.661g - Movable Bridge Fund; Contract With Person or Agency Having Jurisdiction of Publicly Owned Movable Bridge; Operational Procedures and Costs; "Operational Costs" Defined.

Section 247.661h - Local Agency Wetland Mitigation Board Fund; Advisory Board; Duties.

Section 247.662 - Return to County Treasurers of Amount Distributed to County Road Commissions; Manner, Purposes, Terms, and Conditions; Statewide Purchasing Pools; Expenditures; Urban Routes; Certification Concerning Average Annual Debt Service Requ...

Section 247.662a - Snow Removal; Distribution of Amount Returned to County Road Commission.

Section 247.662b - County Urban System; Distribution of Amounts Returned; Urban Area Boundaries.

Section 247.662c - Placing County Primary Road Under Jurisdiction of City or Village; Request; Response by County Road Commission; Appeal; Hearing; Determination.

Section 247.663 - Return of Distribution to City and Village Treasurers; Manner, Purpose, and Conditions; Audits; Pavement Warranties; Permissible City or Village Expenditures; Definitions.

Section 247.663a - Acquisition of Private Property Within Right of Way of Highway Project; Expenditure of Revenue.

Section 247.663b - Contracts Between County Road Commissions for Purchase or Use of Equipment or Machinery.

Section 247.664 - Biennial Primary Road and Major Street Programs; Separate Accounts; Records; Annual Report; Expenditures for Administration, Engineering, and Record Keeping; Noncompliance; Responsibility of State for Local County Road Support; Addi...

Section 247.664a - Expenditures to Pay Cost of Drain Assessments; Rules.

Section 247.665 - Reports Showing Disposition of Funds Appropriated, Apportioned, or Allocated; Other Information.

Section 247.665a - Intergovernmental Highway Corridor Planning Preservation Committees.

Section 247.665b - Mowing Right-of-Way of Public Road.

Section 247.666 - Forfeiture of Funds.

Section 247.667 - Certifications Required; Warrants; Checks; Mandamus; Report.

Section 247.667a - Office of Audit; Creation; Head; Duties, Functions, and Responsibilities.

Section 247.668 - Repealed. 1957, Act 262, Eff. July 1, 1957.

Section 247.668a - Michigan Transportation Fund; Payment of Notes, Bonds, or Other Indebtedness; Notes and Bonds Not General Obligations of State.

Section 247.668b - State Transportation Commission; Bonds and Notes.

Section 247.668c - Counties; Bonds.

Section 247.668d - Contracts Between Governmental Units for Construction or Reconstruction of Highways; Contributions; Pledges; Bonds; Applicability of Revised Municipal Finance Act and Agency Financing Reporting Act.

Section 247.668e - Bonds of Governmental Unit; Maturities; Interest; Measuring Maximum Annual Principal and Interest Requirements; Certification of State Transportation Commission Concerning Average Annual Debt Service Requirements for Certain Obliga...

Section 247.668f - Approval of Construction; Sale Price of Bonds.

Section 247.668g - Bonds; Protection of Outstanding Bonds.

Section 247.668h - Bonds; Negotiability; Payment, Exemption From Taxation.

Section 247.668i - Cumulative Authority of Act.

Section 247.668j - Annual Certification That Certain Employee-Related Conditions Met; Failure to Make Certification; Withholding Distributions to Local Road Agency; Website.

Section 247.668k - List of Projects for Which Notes or Bonds to Be Issued.

Section 247.668l - Borrowing Money and Issuing Notes or Bonds in Anticipation of Federal Funds.

Section 247.668m - Borrowing From a State Infrastructure Bank Program.

Section 247.669 - Roads, Streets, and Alleys Taken Over as County Roads.

Section 247.670 - Unexpended Balances of Township Funds; Appropriation for Local Road Maintenance or Improvement; Additional Powers; Snow Removal in Marquette County Townships.

Section 247.670a - Contract for Preservation of County Local Road System Within Township.

Section 247.671 - Repeal.

Section 247.672 - Effective Date of Act.

Section 247.673 - Effective Upon Passage of Certain Act.

Section 247.674 - Refunding Bonds or Advance Refunding Bonds.

Section 247.675 - Truck Safety Fund and Michigan Truck Safety Commission; Establishment; Administration of Fund; Duty of Commission; Appointment, Qualifications, and Terms of Commission Members; Election of Chairperson; Vacancy; Meetings; Notice; Quo...