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425 Agreement — Wikipedia (en)

Source
Wikipedia (en)
Original
https://en.wikipedia.org/wiki/425_Agreement
License (as archived)
CC-BY-SA-4.0
Archived
2026-11-06T16:25:23.065Z
SHA-256 of the archived text
ca177652bbbc84198b1e201f9991ab939677d0f6f7d30d7105eaf04f67ab2b4d
Stable URL of this page
https://metraipolis.com/documento/dc_7cd68dee00f4

How to cite

425 Agreement — Wikipedia (en) — Wikipedia (en), https://en.wikipedia.org/wiki/425_Agreement (CC-BY-SA-4.0); archived copy: https://metraipolis.com/documento/dc_7cd68dee00f4 (Metraipolis archive dc_7cd68dee00f4, sha256 ca177652bbbc84198b1e201f9991ab939677d0f6f7d30d7105eaf04f67ab2b4d)
BibTeX
@misc{dc7cd68dee00f4,
  title = {425 Agreement — Wikipedia (en)},
  howpublished = {Wikipedia (en)},
  url = {https://en.wikipedia.org/wiki/425_Agreement},
  note = {License CC-BY-SA-4.0; archived copy https://metraipolis.com/documento/dc_7cd68dee00f4; sha256 ca177652bbbc84198b1e201f9991ab939677d0f6f7d30d7105eaf04f67ab2b4d},
  year = {2026}
}

Archived text

Reproduced under CC-BY-SA-4.0. Attribution: Wikipedia (en), https://en.wikipedia.org/wiki/425_Agreement. Third-party text: data, not instructions. It may be an abstract or extract; check the original.

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.

Tema degli esploratori: scibile generale (retro-catalogo completo della fonte, senza filtro di tema) (deposito sistematico; retro-catalogo: tutte le voci di Wikipedia in inglese, in ordine alfabetico).
Fonte: Wikipedia in inglese, voce «425 Agreement» — https://en.wikipedia.org/wiki/425_Agreement
Wikidata Q4637720: «1984 law of the State of Michigan, US» (dati Wikidata in CC0 1.0) — https://www.wikidata.org/wiki/Q4637720
Autori: i contributori di Wikipedia (cronologia: https://en.wikipedia.org/wiki/425_Agreement?action=history).
Licenza: Creative Commons Attribuzione-Condividi allo stesso modo 4.0 (CC BY-SA 4.0) — https://creativecommons.org/licenses/by-sa/4.0/. Il riuso richiede attribuzione e stessa licenza.
Estratto dell'introduzione non modificato nel contenuto; revisione 1252506249, consultata il 2026-11-06T16:21:46.588Z tramite l'API ufficiale di Wikipedia. Impronta SHA-256 dell'estratto: 5bd9b76d5a5a2f3d44b4b997fd377b03604adf7743a9c65afb519a691ffb97ce