§5221. Findings and declaration of necessity 
1.  Legislative finding.  The Legislature finds that there is a need for new development in areas of municipalities and plantations to:   
A. Provide new employment opportunities;   [PL 2001, c. 669, §1 (NEW).]
B. Improve and broaden the tax base; and   [PL 2001, c. 669, §1 (NEW).]
C. Improve the general economy of the State.   [PL 2001, c. 669, §1 (NEW).]
[PL 2011, c. 101, §1 (AMD).] 
2.  Authorization.  For the reasons set out in subsection 1, municipalities and plantations may develop a program for improving a district of the municipality or plantation:   
A. To provide impetus for industrial, commercial, transit-oriented or arts district development, or any combination;   [PL 2009, c. 314, §1 (AMD).]
B. To increase employment; and   [PL 2001, c. 669, §1 (NEW).]
C. To provide the facilities outlined in the development program adopted by the legislative body of the municipality or plantation.   [PL 2011, c. 101, §2 (AMD).]
[PL 2011, c. 101, §2 (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.   
[PL 2001, c. 669, §1 (NEW).] 
SECTION HISTORY 
PL 2001, c. 669, §1 (NEW). PL 2007, c. 413, §1 (AMD). PL 2009, c. 314, §1 (AMD). PL 2011, c. 101, §§1, 2 (AMD).
Structure Maine Revised Statutes
TITLE 30-A: MUNICIPALITIES AND COUNTIES
Chapter 206: DEVELOPMENT DISTRICTS
Subchapter 1: DEVELOPMENT DISTRICTS FOR MUNICIPALITIES AND PLANTATIONS
30-A §5221. Findings and declaration of necessity
30-A §5223. Development districts
30-A §5224. Development programs
30-A §5227. Tax increment financing