The Authority may, with the approval of the local governing body, borrow money and issue revenue bonds or notes to finance all or part of the costs of acquiring or constructing property in connection with the implementation of a development plan in the Downtown District or to refund or advance bonds or notes issued pursuant to Public Act 57 of 2018, being M.C.L.A. §§ 125.4201 through 125.4230.
(Ord. 519, passed 5-23-2006; Am. Ord. passed 8-10-2021)