Fundamentals of Municipal Financing and Special Assessments: From Sidewalks to Safety
Miller Canfield Attorney Steve Mann will be a speaker at the Michigan Townships Association Annual Educational Conference:
Wednesday, April 2 (10:45 AM to 12:00 PM) - Fundamentals of Municipal Financing
How do townships borrow money under Michigan’s public finance laws? From financing fire trucks to municipal buildings to water and sewer systems, get invaluable information on the laws and procedures governing municipal borrowing. We will answer the age-old question, “Why can’t the township just get a loan from the bank?”
Wednesday, April 2 (1:00 - 2:15 PM) - Special Assessments: From Sidewalks to Safety
Special assessments are a popular tool for funding infrastructure improvements such as water and sewer systems, streets and sidewalks. They can even be used to raise money for police and fire equipment, operations (payroll and benefits!), and buildings. Learn the differences between special assessment statutes and the procedures required to establish special assessment districts and confirm assessment rolls for public infrastructure projects or police and fire purposes. The legality and controversy of township-wide special assessment districts will also be discussed.
