Pursuant to § 10(4) of the Act (Public Act 48 of 2002, being M.C.L.A. § 484.3110(4)), all amounts received by the village from the Authority shall be used by the village solely for rights-of-way related purposes. Depositing the amounts received into the Major Street Fund and/or Local Street Fund, maintained by the village under Public Act 51 of 1951, being M.C.L.A. §§ 247.651 through 247.675, would help ensure compliance with this requirement of the Act.
(Ord. 142, passed 5-10-2004)