Michigan Laws 125.4310 – Taking, transfer, and use of private property by municipality
Current as of: 2024 | Check for updates
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Terms Used In Michigan Laws 125.4310
- Authority: means a tax increment finance authority created under this part. See Michigan Laws 125.4301
- Development program: means the implementation of the development plan. See Michigan Laws 125.4301
- Municipality: means a city. See Michigan Laws 125.4301
A municipality may take private property under 1980 PA 87, MCL 213.51 to 213.77 for the purpose of transfer to the authority, and may transfer the property to the authority for use as authorized in the development program, on terms and conditions it considers appropriate. The taking, transfer, and use shall be considered necessary for public purposes and for the benefit of the public.