§13080-C. Use of operating revenues
1. Use of revenue. Operating revenue generated from property transferred in the Federal Aviation Administration public benefit transfer or otherwise generated by the airport must be used to support the development, maintenance and operation of aeronautical facilities, operating costs of the airport and costs substantially related to the actual air transportation of passengers or property. Revenues generated from other properties granted to the authority in subsequent or different transfers must be used as the authority determines appropriate within the powers established by this article.
[PL 1993, c. 729, §5 (RPR).]
2. Permitted liability limited. All expenses incurred in carrying out this article must be paid solely from funds provided under the authority of this article, and liability or obligation may not be incurred under this article beyond the extent to which money has been provided under the authority of this article.
[PL 1993, c. 474, §1 (NEW).]
3. Equal opportunity employers. Contractors and subcontractors on authority construction and reconstruction projects must be equal opportunity employers and, for contracts in excess of $250,000, shall pursue in good faith affirmative action programs as defined in section 782. The authority may by rule provide for the enforcement of this requirement.
[PL 1993, c. 474, §1 (NEW).]
SECTION HISTORY
PL 1993, c. 474, §1 (NEW). PL 1993, c. 729, §5 (AMD).
Structure Maine Revised Statutes
TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Part 18-A: ECONOMIC AND COMMUNITY DEVELOPMENT
Chapter 383: ECONOMIC AND COMMUNITY DEVELOPMENT
Subchapter 3: TOURISM AND COMMUNITY DEVELOPMENT
Article 1-B: LORING DEVELOPMENT AUTHORITY OF MAINE
5 §13080. Loring Development Authority of Maine established
5 §13080-B. Loring Development Authority of Maine; powers; membership; obligations
5 §13080-C. Use of operating revenues
5 §13080-D. Property of authority
5 §13080-E. Special utility districts
5 §13080-F. Other municipal powers
5 §13080-H. Interest of public officials, trustees or employees
5 §13080-I. Exemption from execution
5 §13080-K. Termination of the authority