MACKINAC BRIDGE AUTHORITY
Act 214 of 1952
AN ACT authorizing the Mackinac bridge authority to acquire a bridge connecting the upper and lower peninsulas of Michigan, including causeways, tunnels, roads and all useful related equipment and facilities, including park, parking, recreation, lighting and terminal facilities; extending the corporate existence of the authority; authorizing such authority to enjoy and carry out all powers incident to its corporate objects; authorizing the appropriation and use of state funds for the preliminary purposes of the authority; providing for the payment of the cost of such bridge and in that connection authorizing the authority to issue revenue bonds payable solely from the revenues of the bridge; granting the right of condemnation to the authority; granting the use of state land and property to the authority; making provisions for the payment and security of such bonds and granting certain rights and remedies to the holders thereof; authorizing banks and trust companies to perform certain acts in connection therewith; authorizing the imposition of tolls and charges; authorizing the authority to secure the consent of the United States government to the construction of the bridge and to secure approval of plans, specifications and location of same; authorizing employment of engineers irrespective of whether such engineers have been previously employed to make preliminary inspections or reports with respect to the bridge; authorizing the state highway department to operate and maintain such bridge or to contribute thereto and enter into leases and agreements in connection therewith; exempting such bonds and the property of the authority from taxation; prohibiting competing traffic facilities; authorizing the operation of ferries by the authority; providing for the construction and use of certain buildings; and making an appropriation.
History: 1952, Act 214, Imd. Eff. Apr. 30, 1952
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Am. 1992, Act 120, Imd. Eff. June 26, 1992
© 2009 Legislative Council, State of Michigan
The People of the State of Michigan enact:
| Section 254.311 | Section | Mackinac bridge authority; definitions. |
| Section 254.312 | Section | Mackinac bridge authority; corporate existence, terms. |
| Section 254.313 | Section | Repealed. 2005, Act 331, Imd. Eff. Dec. 28, 2005. |
| Section 254.314 | Section | Mackinac bridge authority; bridge construction, bond proceeds; property acquisition and condemnation, surveys, easements. |
| Section 254.315 | Section | Revenue bonds; purposes; sale or exchange of refunding bonds; contracts for fiscal agents' services; payment of principal, interest, and redemption premiums; serial bonds or term bonds; statement; signatures; negotiability; tax exemption; sale; approval; temporary bonds; recital. |
| Section 254.316 | Section | Mackinac bridge authority; security, trust indenture; authority, duties; annual audit; depository; collateral security; approval. |
| Section 254.317 | Section | Mackinac bridge authority; bridge construction, tolls, utility lines, lease; appropriation, sale or lease; revenues, priority. |
| Section 254.318 | Section | Mackinac bridge authority; grants or donations. |
| Section 254.319 | Section | Unauthorized indebtedness to state. |
| Section 254.320 | Section | Scope of act. |
| Section 254.321 | Section | Board and state highway department; authority. |
| Section 254.322 | Section | Use of bridge; payment of tolls; authorized emergency vehicles; violation as misdemeanor; penalty. |
| Section 254.323 | Section | Federal government approvals. |
| Section 254.324 | Section | Repealed. 2005, Act 331, Imd. Eff. Dec. 28, 2005. |
| Section 254.325 | Section | Construction of act. |
| Section 254.326 | Section | Contracts, books, maps; delivery to authority. |
| Section 254.327 | Section | Declared public purpose; tax exemption. |
| Section 254.328 | Section | Authority's rights not limited or altered; competitive vehicular traffic services. |
| Section 254.329 | Section | Bondholders' rights; enforcement actions. |
| Section 254.330 | Section | Operation of ferries. |
| Section 254.331 | Section | Inconsistent acts. |
| Section 254.332 | Section | Expenditure of funds for construction of state police post; lease agreement; payments; expiration or termination of lease; use. |
