§5156. Maine Redevelopment Land Bank Fund; sources of funding
The Maine Redevelopment Land Bank Fund, referred to in this chapter as "the fund," is established as a dedicated nonlapsing fund to support the purposes of the redevelopment authority. Fees collected pursuant to Title 38, section 2203‑A, subsection 2‑A must be deposited into the fund. Other sources of funding may include, but are not limited to, state or federal funds received by the redevelopment authority to support community redevelopment. Unless otherwise specified, money received by the redevelopment authority for the express purpose of acquiring or developing property in accordance with this chapter must be deposited into the fund. [PL 2021, c. 664, §3 (NEW).]
SECTION HISTORY
PL 2021, c. 664, §3 (NEW).
Structure Maine Revised Statutes
TITLE 30-A: MUNICIPALITIES AND COUNTIES
Chapter 204: MAINE REDEVELOPMENT LAND BANK AUTHORITY
30-A §5152. Findings and declaration of necessity
30-A §5154. Maine Redevelopment Land Bank Authority established; purpose
30-A §5155. Appointment; qualifications and tenure
30-A §5156. Maine Redevelopment Land Bank Fund; sources of funding
30-A §5157. Eligible properties; exemption of certain properties
30-A §5158. Powers and duties generally