Michigan Administrative Code — Department of Treasury (tax rules)
Mich. Admin. Code R 209.54 — Revision of final project cost; approval; request for revised
certificate.
Rule 54. (1) If the final cost of a project, either the real or tangible personal
property components, will exceed 10% of the estimated amount indicated on the
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original application form, a certificate holder shall request in writing that the local
governmental unit approve the additional cost. Upon receipt of a request, the clerk of
the local governmental unit shall notify in writing the assessor and the legislative body
of each taxing unit and shall afford the applicant, the assessor, and a representative of
the affected taxing units an opportunity for a hearing.
(2) If the scope of the project increases by either additional real and/or tangible
personal property components, the certificate holder shall file an amended application
and revised list of improvements with the clerk of the local unit. Upon receipt of an
amended application, the clerk of the local governmental unit shall notify in writing the
assessor and the legislative body of each taxing unit and shall afford the applicant, the
assessor, and a representative of the affected taxing units an opportunity for a hearing.
(3) If a local unit of government approves a revised cost or revised scope under
subrule (1) or (2) of this rule, the clerk of the local unit shall forward a copy of the
amended application, revised list of improvements, and resolution of approval to the
commission.
Source: official text