RECODIFIED TAX INCREMENT FINANCING ACT (EXCERPT)
Act 57 of 2018
125.4321 Consultation representative of authority and council.Sec. 321.
Periodically a representative of the authority responsible for preparation of a development or tax increment financing plan within the development area shall consult with and advise the development area citizens council regarding the aspects of a development plan, including the development of new housing for relocation purposes located either inside or outside of the development area. The consultation shall begin before any final decisions by the authority and the governing body regarding a development or tax increment financing plan. The consultation shall continue throughout the preparation and implementation of the development or tax increment financing plan.
History: 2018, Act 57, Eff. Jan. 1, 2019
Rendered 9/17/2024 4:16 AM
Michigan Compiled Laws Complete Through PA 122 of 2024
Courtesy of legislature.mi.gov