Michigan Laws 125.4321 – Consultation representative of authority and council
Current as of: 2024 | Check for updates
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Terms Used In Michigan Laws 125.4321
- Authority: means a tax increment finance authority created under this part. See Michigan Laws 125.4301
- council: means that advisory body established pursuant to section 20. See Michigan Laws 125.4301
- Development area: means that area to which a development plan is applicable. See Michigan Laws 125.4301
- Development plan: means that information and those requirements for a development set forth in section 16. See Michigan Laws 125.4301
- Governing body: means the elected body of a municipality having legislative powers. See Michigan Laws 125.4301
- Tax increment financing plan: means that information and those requirements set forth in section 313 to 315. See Michigan Laws 125.4301
Periodically a representative of the authority responsible for preparation of a development or tax increment financing plan within the development area shall consult with and advise the development area citizens council regarding the aspects of a development plan, including the development of new housing for relocation purposes located either inside or outside of the development area. The consultation shall begin before any final decisions by the authority and the governing body regarding a development or tax increment financing plan. The consultation shall continue throughout the preparation and implementation of the development or tax increment financing plan.