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within the boundaries of the municipality or municipalities in | | accordance with the requirements of this subchapter.__The | | designation of a Pine Tree Development Zone may not conflict | | with the provisions of a municipal charter.__Zones that meet the | | requirements of subsection 2 are authorized for location within | | the following regions: |
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| | | A.__Aroostook County, including up to 100 acres of trust | | land reserved for designation by the Aroostook Band of | | Micmacs and the Houlton Band of Maliseet Indians; |
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| | | B.__The Androscoggin Valley region, including the Lewiston | | Enterprise Community area as designated by the | | Agriculture, Rural Development, Food and Drug | | Administration, and Related Agencies, Appropriations Act, | | Public Law 105-277 (1999); |
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| | | C.__The Penobscot Valley region, including up to 500 acres | | of trust land reserved for designation by the Penobscot | | Nation; and |
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| | | D.__The Washington County-Downeast region, including up to | | 500 acres of trust land reserved for designation by the | | Passamaquoddy Tribe. |
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| | | The commissioner may designate up to 4 zones through the | | process established in section 5249. |
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| | | 2.__Requirements for designation.__The commissioner shall | | adopt rules establishing the minimum requirements for the | | designation of Pine Tree Development Zones.__Additionally, | | each participating municipality must: |
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| | | A.__Designate the area of the Pine Tree Development Zone | | lying within its corporate limits as a municipal | | development district in which 10 years of municipal tax | | increment financing is provided to qualified Pine Tree | | Development Zone businesses equal to at least 100% of the | | real property tax increment resulting from the business's | | investment within the district following the district's | | designation; and |
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| | | B.__Agree to maintain at least one prepermitted | | construction or development site available within the Pine | | Tree Development Zone on a continual basis throughout the | | term of the zone. |
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| | | 3.__Limitations.__The designation of Pine Tree Development | | Zones is subject to the following limitations: |
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| | | A.__A Pine Tree Development Zone located in Aroostook County | | as described__in subsection 1, paragraph A may include only |
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