Michigan Laws 120.121 – Dock, waterfront, or riparian property; transfer, possession, or control
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 120.121
- Authority: means a port authority created under this act and may also include the area within the jurisdiction of an authority. See Michigan Laws 120.102
- Constituent unit: means a city or county requesting the incorporation of an authority. See Michigan Laws 120.102
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
The governing bodies of constituent units may, by majority vote, and with or without consideration, transfer or cause to be transferred to the authority or may place in its possession and control, by lease, or other contract or agreement, either for a limited period or in fee, any dock, waterfront, or riparian property owned or controlled by a constituent unit.