Michigan Compiled Laws 448-1976-1 Article 1 General Administrative Provisions (460.801...460.816)

• Section 460.801 Short Title.
  This act may be cited as the “Michigan energy employment act of 1976”. History: 1976, Act 448, Imd. Eff. Jan. 13, 1977
• Section 460.802 Meanings Of Words And Phrases.
  For purposes of this act, the words and phrases defined in sections 3 to 6 shall have the meanings respectively ascribed to them in...
• Section 460.803 Definitions; E To J.
  (1) "Electric utility facility" means a facility which a municipality is authorized to acquire as part of a municipal electric utility system under this...
• Section 460.804 Definitions; M.
  (1) “Municipal bond” means a bond or note or other evidence of indebtedness payable from ad valorem taxes which a governmental unit may issue....
• Section 460.805 Definitions; P.
  (1) "Project" means a system or facility, inside or outside the state, or service related to a system or facility inside or outside the...
• Section 460.806 Definitions; P To R.
  (1) "Person" means an individual, corporation, association, partnership, governmental entity, or any other legal entity. (2) "Power utility" means any person engaged or that...
• Section 460.807 Sources Of Electrical Energy For Distribution And Sale; Facilities For Control, Abatement, Or Prevention Of Pollution Or Damages To Environment; Facilities For Safe Disposal Of Waste Or By-products.
  The governing body of a municipal electric utility system may purchase, acquire, construct, improve, enlarge, extend, or repair in the name of the municipality...
• Section 460.808 Fuel Sources And Reserves; Facilities For Transportation And Storage.
  The governing body of a municipal electric utility system may purchase, acquire, construct, improve, enlarge, extend, or repair in the name of the municipality...
• Section 460.809 Facilities For Transmission Of Energy; Contracts With Other Power Utilities.
  The governing body of a municipal electric utility system may purchase, acquire, construct, improve, enlarge, extend, or repair facilities for the transmission of energy,...
• Section 460.810 Electric Utility Facilities; Exercise Of Authority By Governing Body.
  The governing body of a municipal electric utility system may exercise its authority to plan, finance, acquire, construct, own, operate, maintain, and improve electric...
• Section 460.811 Joint Venture, Joint Agency Agreement, Or Other Joint Endeavor; Percentage Of Common Facility To Be Owned; Exception; Defraying Interest And Other Payments; Operation And Maintenance Expenses.
  A municipality engaging in a joint venture, joint agency agreement, or other joint endeavor described in section 10 and authorized by article 2 or...
• Section 460.812 Financing Cost Of Electric Utility Facility; Bonds.
  A municipality may finance the cost of an electric utility facility, or its share of the cost of an electric utility facility acquired jointly...
• Section 460.813 Exemption From Taxation.
  To the extent of ownership by governmental units or joint agencies, projects undertaken pursuant to joint venture agreements authorized by article 2 or joint...
• Section 460.814 License Agreements.
  In connection with the ownership and operation of an electric utility facility, whether owned individually or jointly, the governing body of a municipal electric...
• Section 460.815 Grants In Aid And Loans.
  The governing body of a municipality or the board of commissioners of a joint agency may make application and enter into contracts for, and...
• Section 460.816 Eminent Domain.
  A municipality may take private property under Act No. 149 of the Public Acts of 1911, as amended, being sections 213.21 to 213.41 of...

Last modified: October 10, 2016