Michigan Compiled Laws Act 130 Of 1945 Water Supply; Joint Source (123.151 - 123.155)

AN ACT to authorize cities to extend and improve their municipally owned water systems through the acquisition and operation of a joint source of water supply, to finance the cost thereof through the issuance of water revenue bonds; providing for methods for the operation of such joint source of water; authorizing the purchase and condemnation of necessary property; and providing the procedure for such acquisition and financing.

History: 1945, Act 130, Imd. Eff. Apr. 27, 1945

Section 123.151 Water Supply; Joint Source; Bonds; Agreements; Expense.
Whenever 2 or more cities in Michigan determine to extend and improve their municipally owned water systems through the acquisition of an additional source...
Section 123.152 Joint Source; Cities Having Outstanding Water Revenue Bonds.
If any city issuing bonds hereunder shall then have outstanding other water revenue bonds which constitute a prior lien on the revenues of the...
Section 123.153 Joint Source Cities; Acquisition Of Property; Construction Contracts.
Such cities shall have authority in their joint names to purchase and condemn property necessary for such source of supply, and for such purpose...
Section 123.154 Sale Or Delivery Outside Of Corporate Limits.
Any city taking advantage of the provisions of this act may sell and deliver water outside of its corporate limits in such amount as...
Section 123.155 Source Acquired; Contracts Entered; Limitations And Procedural Requirements Removed.
Cities may acquire a source of water supply under this act and may enter into contracts therefor and agreements with respect thereto and may...

Last modified: October 10, 2016