Annexation and 425 Agreements
A charter township may still be subject to annexation under certain conditions, such as for the purpose of eliminating isolated islands of township or by vote of a majority of the residents of a portion of township. Temporary land transfers, which can involve charter townships, have provision under Public Act 425 of 1984. Under this statute, a charter township, for example, can have land transferred to a city in exchange for revenue sharing of the transferred parcels. These agreements, known as 425 Agreements, can last up to 50 years, and the land can either be completely transferred to the city or returned to the township upon fulfillment of the agreement.
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Famous quotes containing the words annexation and/or agreements:
“The Oregon [matter] and the annexation of Texas are now all- important to the security and future peace and prosperity of our union, and I hope there are a sufficient number of pure American democrats to carry into effect the annexation of Texas and [extension of] our laws over Oregon. No temporizing policy or all is lost.”
—Andrew Jackson (17671845)
“The difference between de jure and de facto segregation is the difference open, forthright bigotry and the shamefaced kind that works through unwritten agreements between real estate dealers, school officials, and local politicians.”
—Shirley Chisholm (b. 1924)