2011 House Bill 5142 ↩

Senate Roll Call 493: Passed

To allow Ann Arbor and adjacent communities to create a multi-government “corridor improvement authority,” a type of entity authorized by a <a href="http://www.michiganvotes.org/2005-SB-34">2005 law</a>, which can can borrow for various government spending projects (generally but not necessarily related to mass transit), and then repay the loans with money levied in "special assessments" (property taxes), or with tax revenue "captured" from other local governments with “tax increment financing" schemes..