SENATE BILL No. 848

November 29, 2001, Introduced by Senator DE BEAUSSAERT and referred to the Committee

on Finance.

A bill to amend 1923 PA 116, entitled

"Township and village public improvement and public service act,"

by amending section 6c (MCL 41.416c), as added by 1989 PA 82.

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

1 Sec. 6c. If a township votes in favor of borrowing money

2 and issuing bonds as provided in sections 6 to 6b, the township

3 board of the township may issue and sell the bonds in conformity

4 with the municipal finance act, Act No. 202 of the Public Acts

5 of 1943, being sections 131.1 to 139.3 of the Michigan Compiled

6 Laws REVISED MUNICIPAL FINANCE ACT, 2001 PA 34, MCL 141.2101 TO

7 141.2821.

02275'01 Final page. JLB