Michigan Compiled Laws Act 425 Of 1994 Community Swimming Pool Authority (123.1061 - 123.1077)

AN ACT to provide for the creation of community swimming pool authorities; to provide powers and duties of the authorities; to provide for the levy of a tax by the authorities; and to provide for the collection and distribution of the tax.

History: 1994, Act 425, Imd. Eff. Jan. 6, 1995

Section 123.1061 Definitions.
As used in this act: (a) “Articles” means the articles of incorporation of an authority. (b) “Authority” means a community swimming pool authority created...
Section 123.1063 Community Swimming Pool Authority; Joint Establishment By Two Or More Municipalities; Territory Subject To Taxation; Public Corporate Body; Powers As Autonomous Entity.
(1) Two or more municipalities may jointly establish a community swimming pool authority if the following requirements are met: (a) There is a single...
Section 123.1065 Board Of Directors; Appointment; Terms; Ex Officio Member; Eligibility; Vacancy; Quorum; Compensation And Reimbursement For Expenses; Public Meetings; Availability Of Writings; Election Of Officers; Meetings.
(1) An authority shall be governed by a board of directors appointed by the participating municipalities. (2) The legislative body of the participating municipality...
Section 123.1067 Articles Of Incorporation And Bylaws.
(1) A board shall draft articles of incorporation and bylaws for the administration of the authority. (2) An authority's articles shall state the following:...
Section 123.1069 Authority; General Powers.
(1) An authority has all the powers necessary to own or operate a community swimming pool, including, but not limited to, the following: (a)...
Section 123.1071 Borrowing Money Or Issuing Notes Or Bonds.
(1) An authority shall not borrow money or issue bonds or notes for a sum that, together with the total outstanding bonded indebtedness of...
Section 123.1073 Taxation For Purposes Of Owning Or Operating Community Swimming Pool.
(1) An authority formed under this act may levy a tax on all of the taxable property in a participating municipality located within the...
Section 123.1075 Collection And Distribution Of Tax.
The tax under section 13 shall be collected and distributed by the local tax collecting units under the general property tax act, Act No....
Section 123.1077 Withdrawal Of Municipality From Authority.
(1) A participating municipality in which the tax authorized by section 13 is in effect may withdraw from an authority if all of the...

Last modified: October 10, 2016