Michigan Compiled Laws Act 321 Of 2000 Recreational Authorities Act (123.1131 - 123.1157)

AN ACT to provide for the establishment of recreational authorities; to provide powers and duties of an authority; to authorize the assessment of a fee, the levy of a property tax, and the issuance of bonds and notes by an authority; and to provide for the powers and duties of certain government officials.

History: 2000, Act 321, Eff. Dec. 1, 2000

Section 123.1131 Short Title.
This act shall be known and may be cited as the “recreational authorities act”. History: 2000, Act 321, Eff. Dec. 1, 2000
Section 123.1133 Definitions.
As used in this act: (a) “Articles” means the articles of incorporation of an authority. (b) “Authority” means a recreational authority established under section...
Section 123.1135 Recreational Authority; Establishment; Articles Of Incorporation; Adoption; Applicability Of Subsection (3); Publication; Filing Copy With Secretary Of State; Effect.
(1) Two or more municipalities or districts may establish a recreational authority. A recreational authority is an authority under section 6 of article IX...
Section 123.1137 Board Of Directors; Vacancy; Quorum; Voting; Reimbursement For Expenses; Conduct Of Public Meeting; Availability Of Writing; Election Of Officers; Adoption Of Bylaws.
(1) A vacancy occurs on the board on the happening of any of the events set forth in section 3 of 1846 RS 15,...
Section 123.1139 Powers Of Authority.
An authority may do 1 or more of the following: (a) Acquire and hold, by purchase, lease with or without option to purchase, grant,...
Section 123.1141 Tax Levy; Ballot Proposal; Vote; Authorization; Number Of Elections.
(1) An authority may levy a tax of not more than 1 mill for a period of not more than 20 years on all...
Section 123.1143 Tax Election; Ballots Provided By County Election Commission; Conduct; List Of Qualified Electors.
(1) The county election commission of each county in which all or part of a participating municipality is located shall provide ballots for an...
Section 123.1145 Notices Of Close Of Registration And Election; Publication; Certification Of Election Results.
(1) If an election for a tax under section 11 is to be held in conjunction with a general election or a state primary...
Section 123.1147 Tax Election; Costs; Reimbursement; Basis.
(1) A county clerk shall charge the authority and the authority shall reimburse the county for the actual costs the county incurs in an...
Section 123.1149 Collection And Distribution Of Tax.
The tax shall be collected with county taxes and distributed by the local tax collecting unit under the provisions of the general property tax...
Section 123.1151 Borrowing Money Or Issuing Bonds Or Notes.
(1) An authority may borrow money and issue bonds or notes to finance the acquisition, construction, and improvement of a public swimming pool, a...
Section 123.1153 Issuance Of General Obligation Unlimited Tax Bonds; Submission Of Proposal For Vote; Ballot Language; Conduct Of Election; Authorization And Levy Of Tax.
(1) An authority may issue general obligation unlimited tax bonds upon approval of a majority of the electors in each of the participating municipalities...
Section 123.1155 Refunding Outstanding Debt Obligations.
(1) An authority may borrow money and issue its negotiable bonds and notes for the purpose of refunding outstanding debt obligations of the district...
Section 123.1157 Annual Audit; Preparation Of Budgets And Appropriations Acts; Powers, Duties, And Immunities; Filing Financial Plan To Correct Deficit Condition; Investment Or Deposit Of Funds.
(1) A board shall obtain an annual audit of the authority, and report on the audit and auditing procedures, in the manner provided by...

Last modified: October 10, 2016