LD 1357
pg. 3
Page 2 of 4 PUBLIC Law Chapter 179 Page 4 of 4
Download Chapter Text
LR 2013
Item 1

 
grant or rural development grant to the county or any of
its municipalities, intended to achieve purposes
substantially similar to those listed in subparagraphs
(1) to (4);

 
(6)__Financial participation in any economic
development project organized or funded on a regional
basis by 2 or more political subdivisions or state or
federal agencies.__For this purpose, the county
commissioners may provide assistance to a regional
project to be located in whole or in part outside of
Piscataquis County only upon a finding by the
commissioners that the project will confer a
substantial economic benefit on Piscataquis County;

 
(7)__Funding the annual salary and operating expenses
of a county economic development officer, development
agency or development office; and

 
(8)__Necessary contractual services for any of the
purposes stated in this paragraph.

 
B.__All borrowing by the county commissioners for the
purposes of this section is subject to the following
limitations.

 
(1)__All bonds issued by the county commissioners for
the purposes of this section must be approved prior to
issuance by the voters of Piscataquis County by
referendum vote in accordance with section 938, except
that a referendum for this purpose may be conducted at
any regular or special county election at which the
total number of votes cast for and against the proposed
bond issue is equal to at least 50% of the total number
of votes cast in Piscataquis County for all
gubernatorial candidates in the most recent
gubernatorial election.

 
(2)__The aggregate unpaid principal amount of all bonds
issued under this section may not exceed 2% of the most
recent taxable valuation of Piscataquis County, as
certified by the State Tax Assessor pursuant to Title
36, section 381, adjusted to 100%.

 
(3)__Debt may not be incurred or bonds issued under
this section if such debt or bonds, in combination with
other county debt then outstanding, would cause
Piscataquis County to exceed limitations on total
county debt otherwise provided by law.


Page 2 of 4 Top of Page Page 4 of 4
Related Pages
  Search Bill Text Legislative Information
Bill Directory Search
Bill
Status
Session Information
119th Legislature Bills Maine Legislature

Office of Legislative Information
100 State House Station
Augusta, ME 04333
voice: (207) 287-1692
fax: (207) 287-1580
tty: (207) 287-6826
Word Viewer for Windows Disclaimer