§13120-Q. Exceptions
The authority, with the advice of the department, the Department of Labor and such other agencies it determines appropriate, may waive the requirements of section 13120‑P, subsection 2, paragraph E and section 13120‑P, subsection 3, paragraph E if the municipality has experienced a historical lack of private investment and it is reasonably expected that private investment will not be available to assist with project financing and one of the following conditions is met: [PL 2011, c. 655, Pt. DD, §7 (AMD); PL 2011, c. 655, Pt. DD, §24 (AFF).]
1. Sudden and severe economic dislocation. The property is located in a municipality that has experienced a sudden and severe economic dislocation, which may include but is not limited to:
A. The loss of a significant percentage of jobs within the municipality due to the closure or downsizing of a business or other employer; [PL 2001, c. 703, §6 (NEW).]
B. The loss of a significant percentage of the municipality's tax base due to the closure or downsizing of a business or other commercial taxpayer; or [PL 2001, c. 703, §6 (NEW).]
C. The unanticipated loss of a significant percentage or component of a municipality's economic development infrastructure as a result of an accident, natural disaster or other catastrophe; or [PL 2001, c. 703, §6 (NEW).]
[PL 2001, c. 703, §6 (NEW).]
2. Chronic and severe economic distress. The property is located in a municipality that has experienced long-term economic distress, as evidenced by factors that may include, but are not limited to:
A. An unemployment rate that is significantly greater than the average State unemployment rate; [PL 2001, c. 703, §6 (NEW).]
B. The significant migration of workers or population out of the area; and [PL 2001, c. 703, §6 (NEW).]
C. An average personal income that is significantly below the state average or considered to be at or below the poverty level as defined in Title 22, section 5321. [PL 2001, c. 703, §6 (NEW).]
[PL 2001, c. 703, §6 (NEW).]
SECTION HISTORY
PL 2001, c. 703, §6 (NEW). PL 2011, c. 655, Pt. DD, §7 (AMD). PL 2011, c. 655, Pt. DD, §24 (AFF).
Structure Maine Revised Statutes
TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Part 18-A: ECONOMIC AND COMMUNITY DEVELOPMENT
Chapter 383: ECONOMIC AND COMMUNITY DEVELOPMENT
Subchapter 9: MAINE RURAL DEVELOPMENT AUTHORITY
5 §13120-A. Authority established; purpose
5 §13120-C. Organization and responsibilities
5 §13120-D. Board of trustees; appointment; chair; employees
5 §13120-E. Agreements; contracts
5 §13120-F. Receive, use and invest funds
5 §13120-G. Acquisition, use and disposition of property
5 §13120-J. Interest of trustee or employee
5 §13120-K. Annual report; audit
5 §13120-M. Disclosure and confidentiality of records
5 §13120-N. Speculative industrial building program
5 §13120-O. Community Industrial Buildings Fund (REPEALED)
5 §13120-P. Commercial Facilities Development Program
5 §13120-R. Rural Manufacturing and Industrial Site Redevelopment Program
5 §13120-S. Inventory of nonproductive industrial or manufacturing sites