(A) The tax exemption established in M.C.L. § 125.1415A(1), as amended, shall not apply to all or any class of housing projects, within the city boundaries, to which the State Housing Development Authority Act, Public Act 346 of 1966, being M.C.L. § 125.1415a applies.
(B) This section shall be effective as of December 31, 1968, to all housing projects to which the State Housing Development Authority Act, Public Act 346 of 1966, being M.C.L. § 125.1415a applies, whether or not said project had heretofore been granted tax exemption.
(Prior Code, § 14.12) (Ord. D-849, passed 12-23-1968, effective 1-2-1969)