§ 152.05 CREATION OF AUTHORITY.
   There is hereby created pursuant to the Recodified Tax Increment Financing Act, Public Act 57 of 2018, being M.C.L.A. §§ 125.4101 through 125.4915, a downtown development authority of the township. The Authority shall be a public body corporate and shall be known and exercise its powers under title of “Downtown Development Authority of the Township of Tuscarora”. The Authority may adopt a seal, may sue and be sued in any court of this state, and shall possess all of the powers necessary to carry out the purpose of its incorporation as provided herein and in Public Act 57 of 2018. The enumeration of a power herein and in Public Act 57 of 2018 shall not be construed as a limitation upon the general powers of the Authority.
(Ord. 21, passed 5-21-1996)