DOWNTOWN DEVELOPMENT AUTHORITY
Act 197 of 1975
AN ACT to provide for the establishment of a downtown development authority; to prescribe its powers and duties; to correct and prevent deterioration in business districts; to encourage historic preservation; to authorize the acquisition and disposal of interests in real and personal property; to authorize the creation and implementation of development plans in the districts; to promote the economic growth of the districts; to create a board; to prescribe its powers and duties; to authorize the levy and collection of taxes; to authorize the issuance of bonds and other evidences of indebtedness; to authorize the use of tax increment financing; to reimburse downtown development authorities for certain losses of tax increment revenues; and to prescribe the powers and duties of certain state officials.
History: 1975, Act 197, Imd. Eff. Aug. 13, 1975
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Am. 1988, Act 425, Imd. Eff. Dec. 27, 1988
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Am. 1993, Act 323, Eff. Mar. 15, 1994
Popular Name: DDA
Popular Name: Downtown Development Authority Act
© 2009 Legislative Council, State of Michigan
The People of the State of Michigan enact:
| Section 125.1651 | Section | Definitions. |
| Section 125.1651a | Section | Legislative findings. |
| Section 125.1652 | Section | Authority; establishment; restriction; public body corporate; powers generally. |
| Section 125.1653 | Section | Resolution of intent to create and provide for operation of authority; public hearing on proposed ordinance creating authority and designating boundaries of downtown district; notice; exemption of taxes from capture; adoption, filing, and publication of ordinance; altering or amending boundaries; agreement with adjoining municipality; agreement with qualified township. |
| Section 125.1653a | Section | Authority of annexing or consolidated municipality; obligations, agreements, and bonds. |
| Section 125.1653b | Section | Ratification and validation of ordinance and actions; compliance. |
| Section 125.1653c | Section | Proceedings or findings; validity. |
| Section 125.1653d | Section | Establishment or amendment of authority, district, or plan; notice; publication or posting. |
| Section 125.1654 | Section | Board; appointment, terms, and qualifications of members; vacancy; compensation and expenses; election of chairperson; appointment as public official; oath; conducting business at public meeting; public notice; special meetings; removal of members; review; expense items and financial records; availability of writings to public; single board governing all authorities; member as resident or having interest in property; planning commission serving as board in certain municipalities; modification by interlocal agreement. |
| Section 125.1655 | Section | Director, acting director, treasurer, secretary, legal counsel, and other personnel. |
| Section 125.1656 | Section | Participation of employees in municipal retirement and insurance programs. |
| Section 125.1657 | Section | Powers of board; creation, operation, or funding of retail business incubator. |
| Section 125.1658 | Section | Board serving as planning commission; agenda. |
| Section 125.1659 | Section | Authority as instrumentality of political subdivision. |
| Section 125.1660 | Section | Taking, transfer, and use of private property. |
| Section 125.1661 | Section | Financing activities of authority; disposition of money received by authority; municipal obligations. |
| Section 125.1662 | Section | Ad valorem tax; borrowing in anticipation of collection. |
| Section 125.1663 | Section | Revenue bonds. |
| Section 125.1663a | Section | Borrowing money; issuing revenue bonds or notes; purpose; costs; security; pledge and lien of pledge valid and binding; filing or recordation not required; tax exemption; bonds or notes neither liability nor debt of municipality; statement; investment and deposit of bonds and notes. |
| Section 125.1663b | Section | Insufficient tax increment revenues to repay advance or pay obligation; contents, time, and payment of claim; appropriation and distribution of aggregate amount; limitations; distribution subject to lien; obligation as debt or liability; certification of distribution amount; basis for calculation of distributions and claim reports. |
| Section 125.1663c | Section | Retention and payment of taxes levied under state education tax act; conditions; application by authority for approval; information to be included; approval, modification, or denial of application by department of treasury; appropriation and distribution of amount; calculation of aggregate amount; lien; reimbursement calculations; legislative intent. |
| Section 125.1664 | Section | Tax increment financing plan; preparation and contents; limitation; public hearing; fiscal and economic implications; recommendations; agreements; modification of plan; catalyst development project. |
| Section 125.1665 | Section | Transmitting and expending tax increments revenues; reversion of surplus funds; abolition of tax increment financing plan; conditions; annual report on status of tax increment financing account; contents; publication. |
| Section 125.1666 | Section | General obligation bonds and tax increment bonds; qualified refunding obligation. |
| Section 125.1667 | Section | Development plan; preparation; contents; improvements related to qualified facility. |
| Section 125.1668 | Section | Ordinance approving development plan or tax increment financing plan; public hearing; notice; record. |
| Section 125.1669 | Section | Development plan or tax increment financing plan as constituting public purpose; determination; ordinance; considerations; amendments; incorporation of catalyst development project plan. |
| Section 125.1670 | Section | Notice to vacate. |
| Section 125.1671 | Section | Development area citizens council; establishment; appointment and qualifications of members; representative of development area. |
| Section 125.1672 | Section | Development area citizens council; advisory body. |
| Section 125.1673 | Section | Consultation. |
| Section 125.1674 | Section | Development area citizens council; meetings; notice; record; information and technical assistance; failure to organize, consult, or advise. |
| Section 125.1675 | Section | Citizens district council as development area citizens council. |
| Section 125.1676 | Section | Notice of findings and recommendations. |
| Section 125.1677 | Section | Development area citizens council; dissolution. |
| Section 125.1678 | Section | Budget; cost of handling and auditing funds. |
| Section 125.1678a | Section | Exemption. |
| Section 125.1679 | Section | Historic sites. |
| Section 125.1680 | Section | Dissolution of authority; disposition of property and assets; reinstatement of authority; contesting validity of proceedings, findings, and determinations. |
| Section 125.1681 | Section | Proceedings to compel enforcement of act; rules. |
