Sec. 477.
If, for any reason, the original assessments shall not be sufficient to pay the principal and interest on bonds issued in anticipation of the collection thereof, then the drainage board shall make such additional assessments therefor as may be necessary, apportioned as in the first instance, it being the intention hereof that the collections on assessments shall, under all circumstances, be sufficient to pay said principal and interest.
History: 1956, Act 40, Imd. Eff. Mar. 28, 1956 Popular Name: Act 40
Structure Michigan Compiled Laws
Chapter 280 - Drain Code of 1956
Act 40 of 1956 - The Drain Code of 1956 (280.1 - 280.630)
40-1956-20. - Chapter 20. Intracounty Drains; Public Corporations. (280.461...280.499)
Section 280.461 - Definitions.
Section 280.462 - County Drains; Public Health, Assessment Against Public Corporations.
Section 280.466 - Drainage Board; First Meeting, Notice.
Section 280.471 - Drainage Board; Contracts With Federal Government or Corporations; Bids.
Section 280.472 - Funds; County Treasurer, Deputies; Bonds; Expenditures.
Section 280.475 - Statutory or Charter Tax Limitations Inapplicable; Rate or Amount of Taxes.
Section 280.477 - Additional Assessment; Apportionment.
Section 280.479 - Advancements by Corporations; Reimbursement.
Section 280.480 - Costs; Items.
Section 280.481 - Assessments Against Townships and Villages.
Section 280.482 - Improvements or Additions to Drains for Public Health.
Section 280.483 - Certiorari; Time; Legal Establishment of Drain.
Section 280.484 - Procedures; Incorporation of Other Chapters in Drainage Board Orders.
Section 280.485 - Relief Drains.
Section 280.486 - Drains to Which Chapter Applicable; Sufficiency of Petition.
Section 280.487 - Drainage Board; Absence of Members, Deputies, Vice-Chairman.
Section 280.488 - Additional Grant of Power; Prior Projects.
Section 280.489 - New Cities; Service of Notice on Township Clerks or De Facto City Officer.
Section 280.491 - River, Creek or Watercourse; Petition for Inclusion Within Jurisdiction.
Section 280.492 - Petition; Content, Deposit to Pay Cost; Drainage Board Hearing and Notice.
Section 280.493 - Final Order of Determination; Contents, Recording, Effect.
Section 280.494 - Final Order of Determination; Recording Effect on Private Rights.
Section 280.495 - Assessment of Cost; Hearing; Powers.
Section 280.496 - Drainage Board Funds; Investment of Surplus, Interest.
Section 280.498 - Pollution in County Drain; Abatement; Petition.