Bill Text: MI SB0422 | 2017-2018 | 99th Legislature | Introduced
Bill Title: Economic development; other; land bank housing program for certain eligible disabled veterans; create. Amends secs. 4 & 7 of 2003 PA 258 (MCL 124.754 & 124.757).
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2017-05-31 - Referred To Committee On Local Government [SB0422 Detail]
Download: Michigan-2017-SB0422-Introduced.html
SENATE BILL No. 422
May 31, 2017, Introduced by Senators CONYERS, HOOD, HERTEL, GREGORY and BIEDA and referred to the Committee on Local Government.
A bill to amend 2003 PA 258, entitled
"Land bank fast track act,"
by amending sections 4 and 7 (MCL 124.754 and 124.757).
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 4. (1) Except as otherwise provided in this act, an
authority may do all things necessary or convenient to implement
the purposes, objectives, and provisions of this act, and the
purposes, objectives, and powers delegated to the board of
directors of an authority by other laws or executive orders,
including, but not limited to, all of the following:
(a) Adopt, amend, and repeal bylaws for the regulation of its
affairs and the conduct of its business.
(b) Sue and be sued in its own name and plead and be
impleaded, including, but not limited to, defending the authority
in an action to clear title to property conveyed by the authority.
(c) Borrow money and issue bonds and notes according to the
provisions of this act.
(d) Enter into contracts and other instruments necessary,
incidental, or convenient to the performance of its duties and the
exercise of its powers, including, but not limited to, interlocal
agreements under the urban cooperation act of 1967, 1967 (Ex Sess)
PA 7, MCL 124.501 to 124.512, for the joint exercise of powers
under this act.
(e) Solicit and accept gifts, grants, labor, loans, and other
aid from any person, or the federal government, this state, or a
political subdivision of this state or any agency of the federal
government, this state, a political subdivision of this state, or
an intergovernmental entity created under the laws of this state or
participate in any other way in a program of the federal
government, this state, a political subdivision of this state, or
an intergovernmental entity created under the laws of this state.
(f) Procure insurance against loss in connection with the
property, assets, or activities of the authority.
(g) Invest money of the authority, at the discretion of the
board of directors of the authority, in instruments, obligations,
securities, or property determined proper by the board of directors
of the authority, and name and use depositories for its money.
(h) Employ legal and technical experts, other officers,
agents, or employees, permanent or temporary, paid from the funds
of the authority. The authority shall determine the qualifications,
duties, and compensation of those it employs. The board of
directors of an authority may delegate to 1 or more members,
officers, agents, or employees any powers or duties it considers
proper. Members of the board of directors of an authority shall
serve without compensation but shall be reimbursed for actual and
necessary expenses subject to available appropriations.
(i) Contract for goods and services and engage personnel as
necessary and engage the services of private consultants, managers,
legal counsel, engineers, accountants, and auditors for rendering
professional financial assistance and advice payable out of any
money of the authority.
(j) Study, develop, and prepare the reports or plans the
authority considers necessary to assist it in the exercise of its
powers under this act and to monitor and evaluate progress under
this act.
(k) Enter into contracts for the management of, the collection
of rent from, or the sale of real property held by an authority.
(l) Create and operate a home sale program for disabled
veterans under section 7.
(m) (l) Do all
other things necessary or convenient to achieve
the objectives and purposes of the authority or other laws that
relate to the purposes and responsibility of the authority.
(2) The enumeration of a power in this act shall not be
construed as a limitation upon the general powers of an authority.
The powers granted under this act are in addition to those powers
granted by any other statute or charter.
(3) An authority, in its discretion, may contract with others,
public or private, for the provision of all or a portion of the
services necessary for the management and operation of the
authority.
(4) If an authority holds a tax deed to abandoned property,
the authority may quiet title to the property under section 79a of
the general property tax act, 1893 PA 206, MCL 211.79a.
(5) The property of an authority and its income and operations
are exempt from all taxation by this state or any of its political
subdivisions.
(6) An authority shall not assist or expend any funds for, or
related to, the development of a casino.
(7) An authority shall not levy any tax or special assessment.
(8) An authority shall not exercise the power of eminent
domain or condemn property.
(9) An authority shall adopt a code of ethics for its
directors, officers, and employees.
(10) An authority shall establish policies and procedures
requiring the disclosure of relationships that may give rise to a
conflict of interest. The governing body of an authority shall
require that any member of the governing body with a direct or
indirect interest in any matter before the authority disclose the
member's interest to the governing body before the board takes any
action on the matter.
Sec. 7. (1) Except as an authority otherwise agrees by
intergovernmental agreement or otherwise, on terms and conditions,
and in a manner and for an amount of consideration an authority
considers proper, fair, and valuable, including for no monetary
consideration, the authority may convey, sell, transfer, exchange,
lease as lessor, or otherwise dispose of property or rights or
interests in property in which the authority holds a legal interest
to any public or private person for value determined by the
authority. If the department of environmental quality determines
that conditions on a property transferred to an authority under
section
78m(15) 78m(14) of the general property tax act, 1893 PA
206, MCL 211.78m, represent an acute threat to public health,
safety, and welfare, or to the environment, the authority shall not
convey, sell, transfer, exchange, lease, or otherwise dispose of
the property until after a determination by the department of
environmental quality that the acute threat has been eliminated and
that conveyance, sale, transfer, exchange, lease, or other disposal
of the property by the authority will not interfere with any
response activities by the department. The transfer and use of
property under this section and the exercise by the authority of
powers and duties under this act shall be considered a necessary
public purpose and for the benefit of the public.
(2) All property held by an authority shall be inventoried and
classified by the authority according to title status and
suitability for use.
(3) A document, including, but not limited to, a deed,
evidencing the transfer under this act of 1 or more parcels of
property to an authority by this state or a political subdivision
of this state may be recorded with the register of deeds office in
the county in which the property is located without the payment of
a fee.
(4) An authority shall create and operate a home sale program
for disabled veterans who receive service-connected disability
payments as a result of service in the Armed Forces of the United
States. A home sale program created and operated by an authority
for disabled veterans shall do all of the following:
(a) Make available homes for sale at a purchase price that
factors in the amount of service-related disability payments that
the disabled veterans receive but in no event shall the monthly
purchase payment exceed 33-1/3% of the disabled veterans' service-
related disability payment.
(b) Provide that the home sale program is only available to
disabled veterans who have a 60% or greater disability as
determined by the authority and who are not employed.
