Michigan Compiled Laws Act 14 Of 1926 (Ex. Sess.) Sinking Fund For Public Buildings (141.51 - 141.55)

AN ACT to authorize the board of supervisors of any county to create a sinking fund for the purpose of purchasing real estate for sites for, and constructing or repairing public buildings; to authorize such boards to submit the question of levying a tax to create such sinking fund to the electors of their certain counties and to provide for the manner of submission.

History: 1926, Ex. Sess., Act 14, Imd. Eff. Mar. 13, 1926

Section 141.51 Creation Of Sinking Fund For Public Buildings And Sites; Tax Referendum.
The board of supervisors of any county are hereby authorized to levy a tax of not to exceed 2 mills on the assessed valuation...
Section 141.52 Tax Referendum Procedure.
Whenever the board of supervisors of any county shall by resolution vote in favor of levying a tax to create a sinking fund as...
Section 141.53 Requisite Notices.
It shall be the duty of the township clerk or city clerk upon receipt of the notice herein required, to give notice in writing...
Section 141.54 Ballots; Form, Contents, Distribution, Counting; Authorizing Vote; Levy.
It shall be the duty of the board of election commissioners of such county to prepare the necessary ballots for the use of the...
Section 141.55 Sinking Fund Control.
The sinking fund to be created under the provisions of this act shall be under the control of the board of county sinking fund...

Last modified: October 10, 2016