§ 114.53. USE OF FUNDS.

Latest version.

Pursuant to § 10(4) of the Act, all amounts received by the village from the Authority shall be used by the village solely for rights-of-way related purposes. In conformance with that requirement, all funds received by the village from the Authority shall be deposited into the Major Street Fund and/or the Local Street Fund maintained by the village under Public Act 51 of 1951, being M.C.L.A. §§ 247.651 through 247.675.
(Ord. 60, passed 2-24-2003)

                    
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