§ 14-5-10.1. Payment in lieu of taxes.

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Pursuant to MCL 125.661a, the housing commission shall pay to the City of Detroit an annual service fee in lieu of all taxes with respect to projects or facilities of the commission or qualified entities, as that term is defined in MCL 125.661a. The fee shall not exceed ten (10) percent of the annual shelter rent obtained from the proï¿½1/21/2jects or facilities. The annual service fee shall be determined in accordance with the principles set forth in section 18-9-13 of this Code.

(Ord. No. 12-01, § 1, 9-17-01; Ord. No. 05-06, § 1, 2-17-06; Ord. No. 01-09, § 1, 1-13-09)

                    
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