Michigan Compiled Laws Act 177 Of 1943 Public Improvement Funds (141.261 - 141.265)

AN ACT to provide for the creation of a fund or funds in political subdivisions for acquiring, constructing, extending, altering, repairing or equipping public improvements or public buildings; to provide for appropriations, credits and transfers to said fund or funds; and to provide for the disbursement thereof.

History: 1943, Act 177, Imd. Eff. Apr. 17, 1943 ;-- Am. 1944, 1st Ex. Sess., Act 4, Imd. Eff. Feb. 16, 1944 ;-- Am. 1956, Act 136, Eff. Aug. 11, 1956

Section 141.261 Funds For Public Improvements Or Buildings.
The legislative or governing body of any political subdivision is hereby authorized and empowered to create and establish a fund or funds for the...
Section 141.262 Funds For Public Improvements Or Buildings; Transfer Or Encumbrance.
Notwithstanding the provisions of any law or the charter of any city or village, moneys accumulated in said fund shall not be transferred, encumbered...
Section 141.263 Funds For Public Improvements Or Buildings; Allocation Of Miscellaneous Revenues; Sale Of Lands.
The legislative or governing body of any political subdivision may allocate to said fund miscellaneous revenues received and credited to the general fund, including...
Section 141.264 Tax Limitation.
Nothing in this act shall be construed so as to authorize any city or village to exceed any tax limitation imposed by law or...
Section 141.265 Additional Powers; Political Subdivision Construction.
This act shall be in addition to all powers heretofore granted to political subdivisions by state law, or by any charter thereof. The term...

Last modified: October 10, 2016