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 4: PINE TREE DEVELOPMENT ZONES HEADING: PL 2003, C. 688, PT. D, §2 (NEW)
§5250-H. Findings and declaration of necessity
1. Legislative finding. The Legislature finds that there is a need to encourage development in economically distressed areas of the State in order to:
A. Provide new employment opportunities; [2003, c. 688, Pt. D, §2 (NEW).]
B. Improve existing employment opportunities; [2003, c. 688, Pt. D, §2 (NEW).]
C. Improve and broaden the tax base; and [2003, c. 688, Pt. D, §2 (NEW).]
D. Improve the general economy of the State. [2003, c. 688, Pt. D, §2 (NEW).]
[ 2003, c. 688, Pt. D, §2 (NEW) .]
2. Authorization. For the reasons set out in subsection 1, a unit of local government, or 2 or more cooperating units of local government, may develop a program for improving a district within its collective boundaries:
A. To provide impetus for targeted business development; [2003, c. 688, Pt. D, §2 (NEW).]
B. To increase employment; and [2003, c. 688, Pt. D, §2 (NEW).]
C. To provide the facilities outlined in the development program adopted by the participating units of local government. [2003, c. 688, Pt. D, §2 (NEW).]
[ 2003, c. 688, Pt. D, §2 (NEW) .]
3. Declaration of public purpose. The Legislature declares that the actions required to assist the implementation of these development programs are a public purpose and that the execution and financing of these programs are a public purpose.
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 4: PINE TREE DEVELOPMENT ZONES HEADING: PL 2003, C. 688, PT. D, §2 (NEW)
§5250-H. Findings and declaration of necessity
1. Legislative finding. The Legislature finds that there is a need to encourage development in economically distressed areas of the State in order to:
A. Provide new employment opportunities; [2003, c. 688, Pt. D, §2 (NEW).]
B. Improve existing employment opportunities; [2003, c. 688, Pt. D, §2 (NEW).]
C. Improve and broaden the tax base; and [2003, c. 688, Pt. D, §2 (NEW).]
D. Improve the general economy of the State. [2003, c. 688, Pt. D, §2 (NEW).]
[ 2003, c. 688, Pt. D, §2 (NEW) .]
2. Authorization. For the reasons set out in subsection 1, a unit of local government, or 2 or more cooperating units of local government, may develop a program for improving a district within its collective boundaries:
A. To provide impetus for targeted business development; [2003, c. 688, Pt. D, §2 (NEW).]
B. To increase employment; and [2003, c. 688, Pt. D, §2 (NEW).]
C. To provide the facilities outlined in the development program adopted by the participating units of local government. [2003, c. 688, Pt. D, §2 (NEW).]
[ 2003, c. 688, Pt. D, §2 (NEW) .]
3. Declaration of public purpose. The Legislature declares that the actions required to assist the implementation of these development programs are a public purpose and that the execution and financing of these programs are a public purpose.
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 4: PINE TREE DEVELOPMENT ZONES HEADING: PL 2003, C. 688, PT. D, §2 (NEW)
§5250-H. Findings and declaration of necessity
1. Legislative finding. The Legislature finds that there is a need to encourage development in economically distressed areas of the State in order to:
A. Provide new employment opportunities; [2003, c. 688, Pt. D, §2 (NEW).]
B. Improve existing employment opportunities; [2003, c. 688, Pt. D, §2 (NEW).]
C. Improve and broaden the tax base; and [2003, c. 688, Pt. D, §2 (NEW).]
D. Improve the general economy of the State. [2003, c. 688, Pt. D, §2 (NEW).]
[ 2003, c. 688, Pt. D, §2 (NEW) .]
2. Authorization. For the reasons set out in subsection 1, a unit of local government, or 2 or more cooperating units of local government, may develop a program for improving a district within its collective boundaries:
A. To provide impetus for targeted business development; [2003, c. 688, Pt. D, §2 (NEW).]
B. To increase employment; and [2003, c. 688, Pt. D, §2 (NEW).]
C. To provide the facilities outlined in the development program adopted by the participating units of local government. [2003, c. 688, Pt. D, §2 (NEW).]
[ 2003, c. 688, Pt. D, §2 (NEW) .]
3. Declaration of public purpose. The Legislature declares that the actions required to assist the implementation of these development programs are a public purpose and that the execution and financing of these programs are a public purpose.
