§13083-J. Use of operating revenues
1. Principal use of revenue. Operating revenue must be used principally to reinvest in the properties held by the authority.
[PL 2005, c. 599, §1 (NEW).]
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 2005, c. 599, §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 2005, c. 599, §1 (NEW).]
SECTION HISTORY
PL 2005, c. 599, §1 (NEW).
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 2-B: MIDCOAST REGIONAL REDEVELOPMENT AUTHORITY
5 §13083-G. Midcoast Regional Redevelopment Authority established; goals
5 §13083-I. Midcoast Regional Redevelopment Authority; powers; membership; obligations
5 §13083-J. Use of operating revenues
5 §13083-K. Property of authority
5 §13083-L. Special utility districts
5 §13083-M. Other municipal powers
5 §13083-O. Interest of public officials, trustees or employees
5 §13083-P. Exemption from execution
5 §13083-R. Termination of the authority
5 §13083-S-1. Brunswick Naval Air Station Job Increment Financing Fund