Section 280.573 - Costs; items, contingent expenses. - Michigan Statutes

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Statutes > Michigan > Chapter-280 > Act-40-of-1956 > 40-1956-22 > Section-280-573

THE DRAIN CODE OF 1956 (EXCERPT)
Act 40 of 1956

280.573 Costs; items, contingent expenses.

Sec. 573.

The cost of any project shall include (1) the cost of locating, establishing and constructing the project; (2) the administrative staff, office and other expenses of the board and commission; (3) the cost of construction of all works and appurtenances necessary to efficient operation and maintenance of the project; (4) the cost of acquiring any lands and/or rights of way; (5) all engineering, legal and other professional fees; (6) the cost of the service and publication of all notices; (7) interest on bonds for the first year, if bonds are to be issued; and (8) an amount not exceeding 10% of those costs which are to be assessed against public corporations, to cover contingent expenses.

History: 1956, Act 40, Imd. Eff. Mar. 28, 1956
Popular Name: Act 40

State Codes and Statutes

Statutes > Michigan > Chapter-280 > Act-40-of-1956 > 40-1956-22 > Section-280-573

THE DRAIN CODE OF 1956 (EXCERPT)
Act 40 of 1956

280.573 Costs; items, contingent expenses.

Sec. 573.

The cost of any project shall include (1) the cost of locating, establishing and constructing the project; (2) the administrative staff, office and other expenses of the board and commission; (3) the cost of construction of all works and appurtenances necessary to efficient operation and maintenance of the project; (4) the cost of acquiring any lands and/or rights of way; (5) all engineering, legal and other professional fees; (6) the cost of the service and publication of all notices; (7) interest on bonds for the first year, if bonds are to be issued; and (8) an amount not exceeding 10% of those costs which are to be assessed against public corporations, to cover contingent expenses.

History: 1956, Act 40, Imd. Eff. Mar. 28, 1956
Popular Name: Act 40

State Codes and Statutes

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State Codes and Statutes

Statutes > Michigan > Chapter-280 > Act-40-of-1956 > 40-1956-22 > Section-280-573

THE DRAIN CODE OF 1956 (EXCERPT)
Act 40 of 1956

280.573 Costs; items, contingent expenses.

Sec. 573.

The cost of any project shall include (1) the cost of locating, establishing and constructing the project; (2) the administrative staff, office and other expenses of the board and commission; (3) the cost of construction of all works and appurtenances necessary to efficient operation and maintenance of the project; (4) the cost of acquiring any lands and/or rights of way; (5) all engineering, legal and other professional fees; (6) the cost of the service and publication of all notices; (7) interest on bonds for the first year, if bonds are to be issued; and (8) an amount not exceeding 10% of those costs which are to be assessed against public corporations, to cover contingent expenses.

History: 1956, Act 40, Imd. Eff. Mar. 28, 1956
Popular Name: Act 40