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- 425_Agreement abstract "The legislature of the State of Michigan enacted Public Act 425 of 1984 which is also known by the title Intergovernmental Conditional Transfer Of Property By Contract Act. It became effective March 29, 1985 and was subsequently amended in 1998. It is often simply referred to as “Act 425” and contractual agreements entered into pursuant to this statute are frequently called “425 Agreements.”The purpose of Act 425 is to provide for a means for two local units of government to share tax revenues resulting from new or expanding development in the areas of their jurisdiction. Most typically a city and a nearby township are the parties to such an agreement. Because of the limited ability for a city in Michigan to annex adjacent territory, development that takes place outside of the city limits would normally deprive that city of any added revenue benefit. In those cases where the affected township receives its supply of water from the city, the city is given a degree of leverage to negotiate with the township by Act 425.In the eyes of the Census Bureau, 425 Agreement lands effectively count as annexations, and are included in any calculations of land area and population. The land and population counts toward the party that initiated the agreement.".
- 425_Agreement wikiPageExternalLink cra.html.
- 425_Agreement wikiPageExternalLink mcl-Act-425-of-1984.pdf.
- 425_Agreement wikiPageExternalLink pa_425_2005final.pdf.
- 425_Agreement wikiPageID "5212495".
- 425_Agreement wikiPageLength "6912".
- 425_Agreement wikiPageOutDegree "20".
- 425_Agreement wikiPageRevisionID "551563518".
- 425_Agreement wikiPageWikiLink Annexation.
- 425_Agreement wikiPageWikiLink Category:1984_in_law.
- 425_Agreement wikiPageWikiLink Category:1984_in_the_United_States.
- 425_Agreement wikiPageWikiLink Category:Michigan_law.
- 425_Agreement wikiPageWikiLink Charter_township.
- 425_Agreement wikiPageWikiLink Civil_township.
- 425_Agreement wikiPageWikiLink Clerk_(municipal_official).
- 425_Agreement wikiPageWikiLink Income_tax.
- 425_Agreement wikiPageWikiLink Jurisdiction.
- 425_Agreement wikiPageWikiLink Local_government.
- 425_Agreement wikiPageWikiLink Local_government_in_the_United_States.
- 425_Agreement wikiPageWikiLink Michigan.
- 425_Agreement wikiPageWikiLink Municipal_corporation.
- 425_Agreement wikiPageWikiLink Municipal_services.
- 425_Agreement wikiPageWikiLink Secretary_of_state_(U.S._state_government).
- 425_Agreement wikiPageWikiLink Statute.
- 425_Agreement wikiPageWikiLink United_States_Census_Bureau.
- 425_Agreement wikiPageWikiLink White_flight.
- 425_Agreement wikiPageWikiLinkText "425 Agreement".
- 425_Agreement wikiPageWikiLinkText "425".
- 425_Agreement subject Category:1984_in_law.
- 425_Agreement subject Category:1984_in_the_United_States.
- 425_Agreement subject Category:Michigan_law.
- 425_Agreement comment "The legislature of the State of Michigan enacted Public Act 425 of 1984 which is also known by the title Intergovernmental Conditional Transfer Of Property By Contract Act. It became effective March 29, 1985 and was subsequently amended in 1998.".
- 425_Agreement label "425 Agreement".
- 425_Agreement sameAs Q4637720.
- 425_Agreement sameAs m.0d83jz.
- 425_Agreement sameAs Q4637720.
- 425_Agreement wasDerivedFrom 425_Agreement?oldid=551563518.
- 425_Agreement isPrimaryTopicOf 425_Agreement.