Michigan Compiled Laws Act 392 Of 2012 Municipal Lighting Authority Act (123.1261 - 123.1295)

AN ACT to provide for the creation of certain lighting authorities for the purpose of operating lighting systems; to provide for the powers and duties of the authorities; to provide for the conveyance of operational jurisdiction over certain operations to authorities; to provide for the assumption of certain contracts, bonds, notes, and other evidences of indebtedness and liabilities related to the provision of lighting authorities; to authorize expenditures from certain funds; to finance the acquisition of property and the development of certain public improvements or related facilities; to provide for the issuance of bonds and notes; to authorize certain investments; and to impose certain powers and duties upon state and local departments, agencies, and officers.

History: 2012, Act 392, Imd. Eff. Dec. 19, 2012

Section 123.1261 Short Title.
This act shall be known and may be cited as the "municipal lighting authority act". History: 2012, Act 392, Imd. Eff. Dec. 19, 2012
Section 123.1263 Definitions.
As used in this act: (a) "Ancillary facility" means any revolving credit agreement, agreement establishing a line of credit, or a letter of credit;...
Section 123.1265 Legislative Intent; Authority; Manner Of Carrying Out Powers; Public Municipal Corporation; Lighting System Assets; Transfer Of Ownership Or Operational Control.
(1) It is the intent of this act to provide an equitable and reasonable method and means of financing, operating, and maintaining a lighting...
Section 123.1267 Alteration Of Laws And Regulations Of Utility Franchise.
Nothing in this act shall be considered to alter the laws and regulations regarding utility franchises unless explicitly stated. The creation of an authority...
Section 123.1269 Articles Of Incorporation.
(1) A local government may adopt articles of incorporation by a majority vote of its governing body and incorporate an authority for the purpose...
Section 123.1271 Authority As Public Municipal Corporation And Public Body Corporate; Powers; Maintenance Of Books And Records; Implementation Of Best Value Supply Chain And Procurement Practice.
(1) An authority is a public municipal corporation. The authority is a public body corporate with the power to sue and be sued in...
Section 123.1273 Board Of Directors; Appointment; Expiration Of Term; Qualifications; Certification To Be Signed By Board Member; Report By Attorney General; Failure Of Board Member To Make Required Certification.
(1) An authority created under this act shall be directed and governed by a board of directors consisting of 5 members appointed as provided...
Section 123.1275 Meeting; Selection Of Officers; Bond; Employees And Other Professional Services; Quorum; Rules And Bylaws; Business Conducted At Public Meeting; Compliance With Freedom Of Information Act; Annual Audit; Progress Reports.
(1) Within 30 days following the appointment of the last board member to the board, the board shall hold its first meeting. (2) At...
Section 123.1277 Plan For Next 3 Succeeding Years; Contents; Acceptance Or Rejection By Local Governing Body; Revised Plan; Rejection; Final Proposed Plan; Adoption.
(1) On or before March 15 after the creation of the authority, and on or before March 15 of every second year after the...
Section 123.1279 Fiscal Year; Commencement; Ending.
Unless the board, by resolution, establishes a different fiscal year, the fiscal year of the authority shall commence on July 1 of each year...
Section 123.1280 Collective Bargaining Agreement; Employment Relationship Between Existing Employees Of Local Government And Proposed Authority; Transfer Of Employees To Authority; Representation By Labor Organization; Single Seniority List; Employee Entering Military Service.
(1) The local government has the responsibility, authority, and right to manage and direct on behalf of the public the services performed or exercised...
Section 123.1281 Issuance Of Bonds.
(1) For the purpose of constructing, acquiring, improving, enlarging, or extending a lighting system, including the payment of engineering, legal, and financing expenses, and...
Section 123.1283 Ancillary Facility.
(1) An authority may enter into, amend, or terminate, as it determines necessary or appropriate, any ancillary facility for any of the following purposes:...
Section 123.1285 Contracts; Trust Agreement; Definitions.
(1) An authority and the local government comprising the authority may enter into a contract providing for the construction, acquisition, improvement, enlargement, or extension...
Section 123.1287 Property As Public Property; Exemption From Taxes.
(1) The property of an authority created under this act is public property devoted to an essential public and governmental purpose. Income of an...
Section 123.1289 Acquisition Of Property.
An authority may acquire property for a lighting system by purchase, construction, lease, gift, or devise, either within or outside its corporate limits. The...
Section 123.1291 Advance Or Loan Of Money From Local Governing Body To Authority.
The governing body of the local government comprising the authority may advance or loan to the authority any money required for administrative expenses or...
Section 123.1293 Powers In Addition To Charter Or Statute.
The powers granted under this act are in addition to those granted by any charter or statute. History: 2012, Act 392, Imd. Eff. Dec....
Section 123.1295 Construction Of Act.
This act shall be liberally construed in the interest of the public health, safety, and welfare of the persons and property within an authority...

Last modified: October 10, 2016