(1) If a board decides to finance the rehabilitation of the resort district by the use of revenue bonds as authorized in section 13 or 14, the board shall prepare a rehabilitation plan.
  (2) The rehabilitation plan shall contain all of the following:

Terms Used In Michigan Laws 125.2215

  • Authority: means a resort district authority created pursuant to this act. See Michigan Laws 125.2202
  • Board: means the governing body of an authority. See Michigan Laws 125.2202
  • Rehabilitation: means construction, reconstruction, repair, or maintenance of a road, street lighting, a sanitary sewer, a storm sewer, storm water drainage facilities, or a flood control project within a resort district, or establishment and operation of a system of garbage collection within the resort district. See Michigan Laws 125.2202
  • Rehabilitation plan: means a plan as described in section 15. See Michigan Laws 125.2202
  • Resort district: means an area that encompasses a natural geographic feature used for recreation, such as an inland lake or the Great Lakes shoreline, that is specifically designated by resolution and approved as provided in this act, and a portion of which is land that is or was a part of a resort association incorporated under 1 of the following:
  
  (i) 1897 PA 230, MCL 455. See Michigan Laws 125.2202
  (a) The designation of boundaries of the resort district in relation to highways, streets, streams, or otherwise.
  (b) The location and extent of existing roads, sewers, and drains within the resort district.
  (c) A description of existing improvements in the resort district to be demolished, repaired, or altered, a description of any repairs and alterations, and an estimate of the time required for completion.
  (d) The location, extent, character, and estimated cost of the improvements including rehabilitation contemplated for the resort district and an estimate of the time required for completion.
  (e) A statement of the construction or stages of construction planned, and the estimated time of completion of each stage.
  (f) A description of desired changes in streets, street levels, intersections, and utilities.
  (g) An estimate of the cost of the rehabilitation with a statement of the proposed method of financing the rehabilitation and the ability of the authority to arrange the financing.
  (h) Other material which the authority, local public agency, or township board considers pertinent.
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