§5119. Encouragement of private enterprise
The authority, to the greatest extent it determines to be feasible in carrying out this chapter, shall afford maximum opportunity, consistent with the sound needs of the municipality as a whole, for the rehabilitation or redevelopment of the urban renewal area by private enterprise. The authority shall consider this objective in exercising its powers under this chapter, including the formulation of a workable program, the approval of urban renewal plans, the exercise of its zoning powers, codes and regulations relating to the use of land and the use and occupancy of buildings and improvements, the disposition of any property acquired, and the provision of necessary public improvements. [PL 1987, c. 737, Pt. A, §2 (NEW); PL 1987, c. 737, Pt. C, §106 (NEW); PL 1989, c. 6 (AMD); PL 1989, c. 9, §2 (AMD); PL 1989, c. 104, Pt. C, §§8, 10 (AMD).]
SECTION HISTORY
PL 1987, c. 737, §§A2,C106 (NEW). PL 1989, c. 6 (AMD). PL 1989, c. 9, §2 (AMD). PL 1989, c. 104, §§C8,10 (AMD).
Structure Maine Revised Statutes
TITLE 30-A: MUNICIPALITIES AND COUNTIES
30-A §5102. Creation of authority
30-A §5106. Preparation and approval of renewal plans
30-A §5107. General neighborhood renewal plans
30-A §5109. Acquisition and development of land
30-A §5110. Authorization to issue bonds
30-A §5112. Conveyance to Federal Government on default
30-A §5113. Bonds as legal investments
30-A §5114. Exemption from taxes and execution
30-A §5115. Transfer, sale or lease of real property in urban renewal area
30-A §5116. Investment of funds; redemption of bonds
30-A §5117. Investigatory powers
30-A §5118. Cooperation by public bodies
30-A §5119. Encouragement of private enterprise
30-A §5120. Grant of funds by municipality
30-A §5121. Title of purchaser
30-A §5122. Interest of public officials, trustees or employees