Sec. 15.
The governing body of a municipality or the board of commissioners of a joint agency may make application and enter into contracts for, and accept grants in aid and loans from state and federal agencies and private and public organizations for any purpose authorized by this act. Pursuant to this authority, the governing body of a municipality or the board of commissioners of a joint agency may:
(a) Enter into and carry out contracts with the state or federal government or an agency or institution thereof under which the government, agency, or institution grants financial or other assistance to the municipality or joint agency.
(b) Accept assistance or funds granted or loaned by the state or federal government, with or without a contract.
(c) Agree to or comply with reasonable conditions which are imposed upon a grant or loan accepted under this section.
(d) Make expenditures from funds granted or loaned.
History: 1976, Act 448, Imd. Eff. Jan. 13, 1977
Structure Michigan Compiled Laws
Chapter 460 - Public Utilities
Act 448 of 1976 - Michigan Energy Employment Act of 1976 (460.801 - 460.848)
Article 1 - General Administrative Provisions (460.801...460.816)
Section 460.801 - Short Title.
Section 460.802 - Meanings of Words and Phrases.
Section 460.803 - Definitions; E to J.
Section 460.804 - Definitions; M.
Section 460.805 - Definitions; P.
Section 460.806 - Definitions; P to R.
Section 460.808 - Fuel Sources and Reserves; Facilities for Transportation and Storage.
Section 460.809 - Facilities for Transmission of Energy; Contracts With Other Power Utilities.
Section 460.810 - Electric Utility Facilities; Exercise of Authority by Governing Body.
Section 460.812 - Financing Cost of Electric Utility Facility; Bonds.
Section 460.813 - Exemption From Taxation.
Section 460.814 - License Agreements.