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Michigan Legislature
Michigan Compiled Laws Complete Through PA 19 of 2024
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Section 207.661

COMMERCIAL REDEVELOPMENT ACT (EXCERPT)
Act 255 of 1978


207.661 Valuation of facilities and property by assessor.

Sec. 11.

   The assessor of each city or township in which there is a restored facility, a new facility or a replacement facility with respect to which 1 or more commercial facilities exemption certificates are issued and in force shall determine annually as of December 31 the value of each facility separately, having the benefit of the certificates and upon receipt of notice of the filing of an application for the issuance of a certificate, shall determine and furnish to the local legislative body the value of the property to which the application pertains and other information as may be necessary to permit the local legislative body to make the determinations required by section 10(1).


History: 1978, Act 255, Imd. Eff. June 21, 1978




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