The terms used in this chapter shall have the same meaning as given them in M.C.L.A. §§ 125.1771 through 125.1794, or as hereinafter in this section provided, unless the context clearly indicates to the contrary:
AUTHORITY. A water resource improvement tax increment finance authority created pursuant to M.C.L.A. §§ 125.1771 through 125.1794.
BOARD or BOARD OF DIRECTORS. The Board of Directors of the Authority.
CHIEF EXECUTIVE OFFICER. The Mayor of the city or his or her designee.
CITY. The City of Saugatuck.
COUNCIL or CITY COUNCIL. The governing body of the city.
WATER RESOURCE IMPROVEMENT DISTRICT or DISTRICT. That portion of the Kalamazoo Lake lying within the city boundaries, and parcels of land that are contiguous to its shoreline up to one mile from the shoreline as designated herein, as now existing or hereafter amended, and within which the Authority shall exercise its powers.
(Ord. 111212-2, passed 12-12-2011)