Michigan Laws 125.2106 – Powers and duties of authority generally
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In addition to other powers and duties provided in this act, the authority shall administer this act and has all of the following powers and duties:
(a) To conduct a continuing evaluation program on enterprise zones.
Terms Used In Michigan Laws 125.2106
- Authority: means the Michigan enterprise zone authority created pursuant to section 4. See Michigan Laws 125.2103
- Contract: A legal written agreement that becomes binding when signed.
- Local governmental unit: means a city, village, or township. See Michigan Laws 125.2103
- Qualified business: means either of the following, as applicable:
(i) A qualified new business or a qualified existing business located in an enterprise zone created before 1994. See Michigan Laws 125.2103state: 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 zone: means an area approved as an enterprise zone by the authority as provided in this act. See Michigan Laws 125.2103
(b) To promulgate rules pursuant to the administrative procedures act of 1969, Act No. 306 of the Public Acts of 1969, being section 24.201 to 24.328 of the Michigan Compiled Laws, necessary to carry out the purposes of this act.
(c) To assist a qualified business in obtaining the benefits of an incentive or inducement program provided by law and the benefits of this act.
(d) To assist the citizens’ council of an enterprise zone in obtaining assistance from any other agency of state government, including assistance in providing training and technical assistance to qualified businesses within an enterprise zone.
(e) To modify the boundaries of an enterprise zone if both of the following requirements are met:
(i) The property is within the corporate limits of the local governmental unit in which the enterprise zone is located. If the property is transferred to the local governmental unit in which the enterprise zone is located pursuant to a contract under Act No. 425 of the Public Acts of 1984, being section 124.21 to 124.30 of the Michigan Compiled Laws, the transfer shall be from a local governmental unit for a period of 30 years or more, and the revenue received by the transferring local governmental unit under the contract shall be not more than that local governmental unit would have received based upon its millage rate.
(ii) The procedures described in section 11 through 13 are followed.