Michigan Compiled Laws
451-1994-III-4-1-ADMINISTRATION-715 - Part 715 Recreation Bond Implementation (324.71501...324.71514)
Section 324.71512 - Conditions to Making Grant or Loan.

Sec. 71512.
The department shall not make a grant or a loan under this part unless all of the following conditions are met:
(a) The applicant demonstrates that the proposed project is in compliance with all applicable state laws and rules.
(b) The applicant demonstrates to the department the capability to implement the proposed project.
(c) The applicant provides the department with evidence that a licensed professional engineer has approved the plans and specifications for the project, if appropriate.
(d) The applicant demonstrates to the department that there is an identifiable source of funds for the maintenance and operation of the proposed project.
History: Add. 1995, Act 58, Imd. Eff. May 24, 1995 Popular Name: Act 451Popular Name: NREPA

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 324 - Natural Resources and Environmental Protection

Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)

Article III - Natural Resources Management (324.30101...324.83109)

451-1994-III-4 - Chapter 4 Recreation (324.70101...324.83109)

451-1994-III-4-1 - Subchapter 1 Recreation (324.70101...324.73302)

451-1994-III-4-1-ADMINISTRATION - Administration (324.70101...324.71607)

451-1994-III-4-1-ADMINISTRATION-715 - Part 715 Recreation Bond Implementation (324.71501...324.71514)

Section 324.71501 - Definitions.

Section 324.71502 - Legislative Finding and Declaration.

Section 324.71503 - Bonds; Requirements Generally.

Section 324.71504 - Bonds Negotiable; Tax Exemption.

Section 324.71505 - Bonds as Securities.

Section 324.71506 - Recreation Bond Fund; Creation; Composition; Restricted Subaccounts.

Section 324.71507 - Disposition of Bond Proceeds; Investment of Fund; Allocation of Interest and Earnings; Crediting and Use of Repayments of Principal and Interest; Disposition of Unencumbered Balance; Submission and Contents of List of Projects; Ap...

Section 324.71508 - Use of Fund Generally.

Section 324.71509 - Making and Allocating Grants and Loans to Local Units of Government; Division of State Into Regions; Match by Local Unit; Rules; Sale, Disposal, or Use of Facility.

Section 324.71510 - Grant or Loan Program; Rules; Maximum Participation; Considerations in Determining Appropriateness of Grant or Loan Program; Considerations in Making Grant or Loan.

Section 324.71511 - Application for Grant or Loan; Form; Information.

Section 324.71512 - Conditions to Making Grant or Loan.

Section 324.71513 - Recipient of Grant or Loan; Duties; Noncompliance; Recovery of Grant; Withholding Grant or Loan.

Section 324.71514 - Rules Generally.