Michigan Compiled Laws
451-1994-III-2-4-THE-TIMBER-INDUSTRY-501-4 - Subpart 4 Forest Improvement District (324.50123...324.50139)
Section 324.50137 - Expenses of District; Sources of Payment; Allocation of Funds.

Sec. 50137.
(1) The expenses of a district may be paid from 1 or more of the following:
(a) An appropriation by the legislature.
(b) The revenues of the district's facilities and operations.
(c) The proceeds of the service fees authorized by this part.
(d) The proceeds of sales of state timber within the district except for the redemption of the bonds in case of default.
(e) Federal grants or from gifts or grants from private persons.
(f) The proceeds from the sale of the bonds of the district.
(g) Any other funds available to the district.
(2) When allocating available funds among proposed districts, the department shall consider the proposed district or districts which in its judgment will produce the greatest public benefit, giving consideration to all of the following factors:
(a) The need for and potential commercial benefits of forest improvement if the district is formed within the proposed gross territorial boundaries.
(b) The need for and potential benefits to long-term production, maintenance, and enhancement of the total forest resource system.
History: Add. 1995, Act 57, Imd. Eff. May 24, 1995 Popular Name: Act 451Popular Name: NREPA

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