Michigan Compiled Laws 327-1945-via. Chapter Via. Acquisition And Operation Of Airports, Landing Fields, And Other Aeronautical Facilites By Public Airport Authorities (259.108...259.125c)

• Section 259.108 Short Title Of Chapter.
  This chapter shall be known and may be cited as the “public airport authority act”. History: Add. 2002, Act 90, Imd. Eff. Mar. 26,
• Section 259.109 Definitions.
  As used in this chapter: (a) “Airport” means a publicly owned airport licensed by the state transportation department, bureau of aeronautics under section 86...
• Section 259.110 Public Airport Authority; Political Subdivision And Instrument Of Local Government; Public Agency; Airport Manager; Qualified Airport; Powers Of Authority; Incorporation Of Authority; Presumption Of Validity; Court Jurisdiction; State Transportation Department As Party; Rules Prohibited.
  (1) Except as otherwise provided in this chapter, an authority created under or pursuant to this section shall be a political subdivision and instrumentality...
• Section 259.111 Public Airport Authority; Board; Membership; Appointment; Terms; Qualifications; Violation Of Subsection 5(b); Chief Executive Officer; Chief Financial Officer; Duties.
  (1) An authority created under or pursuant to this chapter shall be directed and governed by a board consisting of 7 members. (2) The...
• Section 259.112 Full Term Appointments; Terms; Expiration Date; Resignation; Vacancy; Removal; Oath Of Office.
  (1) Upon the expiration of the term of an initial appointment under section 111(2) or (3), all full term appointments shall be for a...
• Section 259.113 First Meeting Of Board; Compliance With Open Meetings Act; Delegation Of Power; Reimbursement Of Expenses; Action By Resolution Or Ordinance; Voting.
  (1) Upon the appointment of at least 4 members of the board under section 111(2), the board may hold its first meeting. If less...
• Section 259.114 Meetings; Frequency; Special Meeting; System Of Accounts; Reports; Bond; Audit Committee; Appointment; Meetings; Duty To Recommend 3 Independent Certified Public Accounting Firms; Selection; Contract Terms And Conditions; Appointment And Compensation Of Chief Executive Officer; Duties And Responsibilities; Power And Authority; Contracting Policies And Procedures; Conflicts Of Interest; Ethics Manual; Airport Noise And Fumes Mitigation.
  (1) After organization, a board shall adopt a schedule of regular meetings and adopt a regular meeting date, place, and time. The board shall...
• Section 259.115 Preparation Of Annual Budget.
  Before the beginning of each fiscal year, the board shall prepare a budget containing an itemized statement of the estimated current operational expenses and...
• Section 259.116 Authority As Public Body Corporate; Powers; Personal Liability; Transfer Of Operational Jurisdiction; Indemnification For Local Government With Civil Claim; Imposition Of Fees Or Charges; Airport Revenues, Facilities, Or Assets As Security; Prohibited Actions; Completion Of Airport Or Facility Project; Preparation, Submission, And Administration Of Grants; Custodian Of Funds.
  (1) An authority is a public body corporate with the following powers: (a) An authority may adopt a corporate seal. (b) An authority may...
• Section 259.117 Actions, Commitments, And Proceedings Occurring On Approval Date; Exclusive Rights And Authority; Acquisitions Or Transfers.
  (1) All of the following occur on the approval date: (a) The authority acquires, succeeds to, and assumes the exclusive right, responsibility, and authority...
• Section 259.118 Operational Jurisdiction Over Airport; Transfer To Authority; Effect.
  (1) The transfer of the operational jurisdiction over an airport to the authority may not in any way impair any contracts with airlines, vendors,...
• Section 259.119 Election By Employees To Transfer To Authority; Requirements.
  (1) For employees who elect to transfer to the authority under subsection (2) and who are covered by the terms of a collective bargaining...
• Section 259.120 Sources Of Revenue.
  (1) An authority may raise revenues to fund all of its activities, operations, and investments consistent with its purposes. However, an authority shall not...
• Section 259.121 Other Publicly Owned Airports; Transfer Of Operational Jurisdiction.
  The authority may accept the transfer of operational jurisdiction of other publicly owned airports that hold an airport operating certificate issued by the FAA...
• Section 259.122 Issuance Of Bonds By Authority.
  For the purpose of acquiring, purchasing, constructing, improving, enlarging, furnishing, equipping, reequipping, or repairing airports and airport facilities for which operational jurisdiction is transferred...
• Section 259.123 Borrowing Money And Issuing Municipal Securities.
  The authority may borrow money and issue municipal securities in accordance with and exercise all of the powers conferred upon municipalities by the revised...
• Section 259.124 Bonds Or Other Evidence Of Indebtedness; Tax Exemption.
  All bonds or other evidences of indebtedness issued by an authority under this chapter, and the interest thereon, are free and exempt from all...
• Section 259.125 Legislative Body Of Local Government; Actions.
  (1) The legislative body of any local government that owns an airport over which the operational jurisdiction has been transferred to an authority is...
• Section 259.125a Interest Rate Exchange Or Agreement.
  (1) For the purpose of more effectively managing its debt service, an authority may enter into an interest rate exchange or swap, hedge, or...
• Section 259.125b Contract Between Authority And Bond Holder; Provisions.
  (1) Notwithstanding any other provisions of this chapter or any other law, the provisions of all ordinances, resolutions, and other proceedings of the local...
• Section 259.125c Severability.
  If any portion of this chapter or the application of this chapter to any person or circumstances is found to be invalid by a...

Last modified: October 10, 2016