As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 1987, c. 737, Pt. A, §2 (NEW); PL 1987, c. 737, Pt. C, §106 (NEW); PL 1989, c. 6 (AMD); PL 1989, c. 9, §2 (AMD); PL 1989, c. 104, Pt. C, §§8, 10 (AMD).]
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Terms Used In Maine Revised Statutes Title 30-A Sec. 5202
A. See Maine Revised Statutes Title 30-A Sec. 5202Community development program: means a program adopted by a municipality under this chapter which has as its primary objective the development of a viable community by providing decent housing principally for persons of low and moderate incomes, or by expanding economic opportunity by providing public facilities. See Maine Revised Statutes Title 30-A Sec. 5202Disposition: includes the sale or lease of the property to persons not necessarily the original owners, or the municipality's retention of the property after acquisition or after acquisition and rehabilitation or demolition. See Maine Revised Statutes Title 30-A Sec. 5202Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCCLien: A claim against real or personal property in satisfaction of a debt.Mortgage: The written agreement pledging property to a creditor as collateral for a loan.Municipality: means a city or town, except as provided in chapter 225. See Maine Revised Statutes Title 30-A Sec. 2001Owner: means any person having an estate, interest or easement in the property to be acquired, or having a lien, charge, mortgage or encumbrance on the property. See Maine Revised Statutes Title 30-A Sec. 5202Person: means an individual, corporation, partnership, firm, organization or other legal entity. See Maine Revised Statutes Title 30-A Sec. 2001Slum area: means a blighted area in an extreme state of deterioration and decay. See Maine Revised Statutes Title 30-A Sec. 5202
SECTION HISTORY
PL 1987, c. 737, §§A2,C106 (NEW). PL 1989, c. 6 (AMD). PL 1989, c. 9, §2 (AMD). PL 1989, c. 104, §§C8,10 (AMD). PL 1999, c. 540, §4 (AMD).