Except as otherwise provided in this division, property tax exemptions as provided
by Act No. 346 of the Public Acts of Michigan of 1966 (MCL 125.1411 et seq.), as amended,
shall not apply to any housing projects, as that term is defined by the above-mentioned
statute, within the boundaries of the city; provided, however, that the city council
may grant property tax exemptions to certain classes of housing projects on an individual
basis and within its sole discretion. Such discretion shall be exercised in a nondiscriminatory
and reasonable manner.
(Ord. No. 241, § 1, 12-20-76)
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