# Mich. Comp. Laws § 125.76: Acquisition of property; jurisdiction of public agencies

> Michigan · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MI_C125_AAct-344-of-1945_S125.76

## Section

- **Citation:** Mich. Comp. Laws § 125.76
- **Heading:** Acquisition of property; jurisdiction of public agencies
- **Jurisdiction:** Michigan
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MI Code / Chapter 125 / Act Act-344-of-1945 / Section 125.76

## Text

Sec. 6.

After the acquisition of the real property, such property as will be used by public agencies shall be transferred to or placed under the jurisdiction of the appropriate public agencies for public use as defined in this act. The remainder of the land which, in accordance with the development plan, is to be devoted to private uses shall be sold, leased or exchanged to corporations, companies or individuals, or to urban redevelopment corporations whose use of such property shall be in accordance with the limitations and conditions provided in the development plan.

Any such sale, lease or exchange may be made without public bidding but only after public hearing by the local legislative body upon the proposed sale, lease or exchange and the provisions thereof. The sale, lease or exchange shall be under terms and conditions fixed by the local legislative body and shall contain provisions that the development plan for the property shall be carried out.

History: 1945, Act 344, Imd. Eff. May 31, 1945; CL 1948, 125.76

## Nearby sections

- [Mich. Comp. Laws § 125.71 Legislative findings and declaration.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C125_AAct-344-of-1945_S125.71.md)
- [Mich. Comp. Laws § 125.72 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C125_AAct-344-of-1945_S125.72.md)
- [Mich. Comp. Laws § 125.73 Powers of municipality.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C125_AAct-344-of-1945_S125.73.md)
- [Mich. Comp. Laws § 125.74 Plans, statements, and actions as requirements and conditions for exercise of powers; plans to be adopted by local legislative body; designation of district areas; provisions governing citizens' district councils; consultation between local official and citizens' district council; record; notice of zoning change, hearing, or condemnation proceedings; public hearing; information; coordinating council on community redevelopment; adoption of development plan; compliance; information on housing available to displaced families and individuals; conditions to determination of blighted area; notice of approval or disapproval of development plan.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C125_AAct-344-of-1945_S125.74.md)
- [Mich. Comp. Laws § 125.74a Racial segregation in housing; consultation and assistance of state civil rights commission.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C125_AAct-344-of-1945_S125.74a.md)
- [Mich. Comp. Laws § 125.75 Rehabilitation of blighted areas; acquisition of property; proceedings under power of eminent domain; condemnation; dispossession.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C125_AAct-344-of-1945_S125.75.md)
- [Mich. Comp. Laws § 125.75a Rehabilitation of blighted areas; urban renewal plat.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C125_AAct-344-of-1945_S125.75a.md)
- [Mich. Comp. Laws § 125.76 Acquisition of property; jurisdiction of public agencies.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C125_AAct-344-of-1945_S125.76.md)
- [Mich. Comp. Laws § 125.77a Municipal bonds or notes.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C125_AAct-344-of-1945_S125.77a.md)
- [Mich. Comp. Laws § 125.77b General obligation bonds of municipality; purpose; resolution; pledge of full faith and credit; “cost of any project” and “net project cost” defined; issuance and sale of bonds; maximum amount; designation and approval of bonds; legislative determination; assessed value of real and personal property; validation of actions and bonds; limitation on time of sale; provisions governing bonds.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C125_AAct-344-of-1945_S125.77b.md)
- [Mich. Comp. Laws § 125.77c Tax revenues.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C125_AAct-344-of-1945_S125.77c.md)
- [Mich. Comp. Laws § 125.78 Loans and grants; acceptance, federal assistance, conditions; labor wages and standards.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C125_AAct-344-of-1945_S125.78.md)
- [Mich. Comp. Laws § 125.79 Modification of plan; hearing.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C125_AAct-344-of-1945_S125.79.md)
- [Mich. Comp. Laws § 125.80 Work done in accordance with plan.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C125_AAct-344-of-1945_S125.80.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MI_C125_AAct-344-of-1945_S125.76. Check the current official text before relying on it. Not legal advice.