Title 30-A: MUNICIPALITIES AND COUNTIES HEADING: PL 1987, C. 737, PT. A, §2 (NEW)
Part 2: MUNICIPALITIES HEADING: PL 1987, C. 737, PT. A, §2 (NEW)
Subpart 8: DEVELOPMENT HEADING: PL 1987, C. 737, PT. A, §2 (NEW)
Chapter 206: DEVELOPMENT DISTRICTS (HEADING: PL 2001, C. 669, §1 (NEW))
Subchapter 1: MUNICIPAL DEVELOPMENT DISTRICTS (HEADING: PL 2001, C. 669, §1 (NEW))
§5221. Findings and declaration of necessity
1. Legislative finding. The Legislature finds that there is a need for new development in areas of municipalities to:
A. Provide new employment opportunities; [2001, c. 669, §1 (NEW).]
B. Improve and broaden the tax base; and [2001, c. 669, §1 (NEW).]
C. Improve the general economy of the State. [2001, c. 669, §1 (NEW).]
[ 2001, c. 669, §1 (NEW) .]
2. Authorization. For the reasons set out in subsection 1, municipalities may develop a program for improving a district of the municipality:
A. To provide impetus for industrial, commercial, transit-oriented or arts district development, or any combination; [2009, c. 314, §1 (AMD).]
B. To increase employment; and [2001, c. 669, §1 (NEW).]
C. To provide the facilities outlined in the development program adopted by the legislative body of the municipality. [2001, c. 669, §1 (NEW).]
[ 2009, c. 314, §1 (AMD) .]
3. Declaration of public purpose. It is declared that the actions required to assist the implementation of development programs are a public purpose and that the execution and financing of these programs are a public purpose.
[ 2001, c. 669, §1 (NEW) .]
SECTION HISTORY
2001, c. 669, §1 (NEW). 2007, c. 413, §1 (AMD). 2009, c. 314, §1 (AMD).
Title 30-A: MUNICIPALITIES AND COUNTIES HEADING: PL 1987, C. 737, PT. A, §2 (NEW)
Part 2: MUNICIPALITIES HEADING: PL 1987, C. 737, PT. A, §2 (NEW)
Subpart 8: DEVELOPMENT HEADING: PL 1987, C. 737, PT. A, §2 (NEW)
Chapter 206: DEVELOPMENT DISTRICTS (HEADING: PL 2001, C. 669, §1 (NEW))
Subchapter 1: MUNICIPAL DEVELOPMENT DISTRICTS (HEADING: PL 2001, C. 669, §1 (NEW))
§5221. Findings and declaration of necessity
1. Legislative finding. The Legislature finds that there is a need for new development in areas of municipalities to:
A. Provide new employment opportunities; [2001, c. 669, §1 (NEW).]
B. Improve and broaden the tax base; and [2001, c. 669, §1 (NEW).]
C. Improve the general economy of the State. [2001, c. 669, §1 (NEW).]
[ 2001, c. 669, §1 (NEW) .]
2. Authorization. For the reasons set out in subsection 1, municipalities may develop a program for improving a district of the municipality:
A. To provide impetus for industrial, commercial, transit-oriented or arts district development, or any combination; [2009, c. 314, §1 (AMD).]
B. To increase employment; and [2001, c. 669, §1 (NEW).]
C. To provide the facilities outlined in the development program adopted by the legislative body of the municipality. [2001, c. 669, §1 (NEW).]
[ 2009, c. 314, §1 (AMD) .]
3. Declaration of public purpose. It is declared that the actions required to assist the implementation of development programs are a public purpose and that the execution and financing of these programs are a public purpose.
[ 2001, c. 669, §1 (NEW) .]
SECTION HISTORY
2001, c. 669, §1 (NEW). 2007, c. 413, §1 (AMD). 2009, c. 314, §1 (AMD).
Title 30-A: MUNICIPALITIES AND COUNTIES HEADING: PL 1987, C. 737, PT. A, §2 (NEW)
Part 2: MUNICIPALITIES HEADING: PL 1987, C. 737, PT. A, §2 (NEW)
Subpart 8: DEVELOPMENT HEADING: PL 1987, C. 737, PT. A, §2 (NEW)
Chapter 206: DEVELOPMENT DISTRICTS (HEADING: PL 2001, C. 669, §1 (NEW))
Subchapter 1: MUNICIPAL DEVELOPMENT DISTRICTS (HEADING: PL 2001, C. 669, §1 (NEW))
§5221. Findings and declaration of necessity
1. Legislative finding. The Legislature finds that there is a need for new development in areas of municipalities to:
A. Provide new employment opportunities; [2001, c. 669, §1 (NEW).]
B. Improve and broaden the tax base; and [2001, c. 669, §1 (NEW).]
C. Improve the general economy of the State. [2001, c. 669, §1 (NEW).]
[ 2001, c. 669, §1 (NEW) .]
2. Authorization. For the reasons set out in subsection 1, municipalities may develop a program for improving a district of the municipality:
A. To provide impetus for industrial, commercial, transit-oriented or arts district development, or any combination; [2009, c. 314, §1 (AMD).]
B. To increase employment; and [2001, c. 669, §1 (NEW).]
C. To provide the facilities outlined in the development program adopted by the legislative body of the municipality. [2001, c. 669, §1 (NEW).]
[ 2009, c. 314, §1 (AMD) .]
3. Declaration of public purpose. It is declared that the actions required to assist the implementation of development programs are a public purpose and that the execution and financing of these programs are a public purpose.
[ 2001, c. 669, §1 (NEW) .]
SECTION HISTORY
2001, c. 669, §1 (NEW). 2007, c. 413, §1 (AMD). 2009, c. 314, §1 (AMD).
