Michigan Laws 125.2685 – Renaissance zone review board; creation; membership; review of applications; recommendations; submission date; compensation; reimbursement for travel and expenses
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(1) The renaissance zone review board is created. The review board shall consist of the board of the Michigan strategic fund described in section 4 of the Michigan strategic fund act, 1984 PA 270, MCL 125.2004.
(2) The review board shall review all applications submitted by qualified local governmental units and make recommendations to the board for approval based on the criteria contained in section 7.
Terms Used In Michigan Laws 125.2685
- Board: means the state administrative board created in 1921 PA 2, MCL 17. See Michigan Laws 125.2683
- Renaissance zone: means a geographic area designated under this act. See Michigan Laws 125.2683
- Review board: means the renaissance zone review board created in section 5. See Michigan Laws 125.2683
(3) The review board and the board shall not consider an application if the application was submitted after September 30, 1996 for designations under section 8.
(4) Members of the board and the review board shall serve without compensation for their membership on the board and the review board, but members of the board and the review board may receive reasonable reimbursement for necessary travel and expenses.