(1) The authority shall do all of the following:
  (a) Serve as a holding and maintenance agency to receive property and assets from the United States department of defense, this state, and any other public or private entities.

Terms Used In Michigan Laws 3.577

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Authority: means a base conversion authority as provided for in this act. See Michigan Laws 3.571
  • Base: means a federal military installation on the final list of base or facility closures submitted by the base realignment and closure commission to the president of the United States and subsequently approved by congress. See Michigan Laws 3.571
  • Department: means the department of commerce. See Michigan Laws 3.571
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
  • United States: shall be construed to include the district and territories. See Michigan Laws 8.3o
  (b) Consider and evaluate alternative proposals for conversion of the base from military to civilian uses.
  (c) Enter into an intergovernmental agreement with 1 or more public agencies pursuant to Act No. 7 of the Public Acts of the Extra Session of 1967, being section 124.501 to 124.512 of the Michigan Compiled Laws, concerning land use and zoning matters.
  (2) In order to carry out these functions, the authority may exercise the powers relative to that property as described in section 8.