Loading...
A member of the Board may be removed for cause by the Village Council. Before a member is removed the member shall be given written notice of the cause or causes for removal and an opportunity to be heard before the Village Council. The removal of a member is subject to review by the circuit court.
(Ord. 187, passed 7-14-2010)
The Board shall adopt rules consistent with Public Act 267 of 1976, being M.C.L.A. §§ 15.261 through 15.275, governing its procedure, the holding of regular and special meetings subject to the approval of the Village Council. All meetings of the Board shall be open to the public.
(Ord. 187, passed 7-14-2010)
(A) The Board may employ and fix the compensation of a Director, subject to the approval of the Village Council. The Director shall serve at the pleasure of the Board. A member of the Board is not eligible to hold the position of Director. Before entering upon the duties of his or her office, the Director shall take and subscribe to the constitutional oath, and furnish bond, by posting a bond in the amount of $10,000, payable to the Authority, for the use and benefit of the Authority, approved by the Board, and filed with the Village Clerk. The premium on the bond shall be deemed an operating expense of the Authority, payable from funds available to the Authority for expenses of operation. The Director shall be the Chief Executive Officer of the Authority. Subject to the approval of the Board, the Director shall supervise, and be responsible for, the preparation of plans and the performance of the functions of the Authority. The Director shall attend the meetings of the Board and shall render to the Board and to the Village Council a regular report covering the activities and financial condition of the Authority. If the Director is absent or disabled, the Board may designate a qualified person as acting Director to perform the duties of the office. Before entering upon the duties of his or her office, the acting Director shall take and subscribe to the oath, and furnish bond, as require of the Director. The Director shall furnish the Board with information or reports governing the operation of the Authority as the Board requires.
(B) The Board may employ and fix the compensation of a Treasurer, who shall keep the financial records of the Authority and who, together with the Director, shall approve all vouchers for the expenditure of funds for the Authority. The Treasurer shall perform such other duties as may be delegated to him or her by the Board and shall furnish bond in an amount as prescribed by the Board.
(C) The Board may employ and fix the compensation of a Secretary, who shall maintain custody of the official seal of records, books, documents or other papers not required to be maintained by the Treasurer. The Secretary shall attend meetings of the Board and keep a record of its proceedings, and shall perform such other duties delegated by the Board.
(D) The Board may retain Legal Counsel to advise the Board in the proper performance of its duties. The Legal Counsel shall represent the Authority in actions brought by or against the Authority.
(E) The Board may employ other personnel deemed necessary by the Board.
(Ord. 187, passed 7-14-2010)
The Board shall:
(A) Prepare an analysis of economic changes taking place in the district;
(B) Study and analyze the impact of metropolitan growth upon the district;
(C) Plan and propose the construction, the renovation, repair, remodeling, rehabilitation, restoration, preservation or reconstruction of a public facility, an existing building, or a multiple-family dwelling unit which may be necessary or appropriate to the execution of a plan which, in the opinion of the Board, aids in the economic growth of the district;
(D) Develop long-range plans, in cooperation with the agency which is chiefly responsible for planning in the village, designed to halt the deterioration of property values in the district and to promote the economic growth of the district, and take such steps as may be necessary to persuade property owners to implement the plans to the fullest extent possible;
(E) Implement any plan of development in the district necessary to achieve the purposes of this chapter, in accordance with the powers of the Authority as granted by this chapter;
(F) Make and enter into contracts necessary or incidental to the exercise of its powers and the performance of its duties;
(G) Acquire by purchase or otherwise, on terms and conditions and in a manner the Authority deems proper to own, convey, or otherwise dispose of, or lease as lessor or lessee, land and other property, real or personal, or rights or interests therein, which the Authority determines is reasonably necessary to achieve the purposes of this chapter, and to grant or acquire licenses, easements and options with respect thereof;
(H) Improve land and construct, reconstruct, rehabilitate, restore and preserve, equip, improve, maintain, repair and operate any building, including multiple-family dwellings, and any necessary or desirable appurtenances thereto, within the district for the use, in whole or in part, of any public or private person or corporation, or a combination thereof;
(I) Fix, charge and collect fees, rents and charges for the use of any building or property under its control or any part thereof, or facility therein, and pledge the fees, rents and charges for the payment of revenue bonds issued by the Authority;
(J) Lease any building or property under its control, or any part thereof;
(K) Accept grants and donations of property, labor or other things of value from a public or private source; and
(L) Acquire and construct public facilities.
(Ord. 187, passed 7-14-2010)
FINANCING, TAXATION AND OTHER PROVISIONS CONCERNING THE AUTHORITY
The village may take private property under Public Act 149 of 1911, M.C.L.A. §§ 213.21 et seq., as amended, for the purpose of transfer to the Authority, and may transfer the property to the Authority for use in an approved development, on terms and conditions it deems appropriate, and the taking, transfer and use shall be considered necessary for public purposes and for the benefit of the public.
(Ord. 187, passed 7-14-2010)
Loading...