| | | 3.__Zoning.__The authority may not adopt zoning or land-use | | ordinances but may coordinate zoning and land-use regulation with | | interested primary impact communities. |
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| | | 4.__Highway maintenance.__The authority may maintain, repair, | | plow and control public ways as a municipality under Title 23, | | Part 3.__The authority shall consult and coordinate with the | | appropriate primary impact community in appointing a road | | commissioner. |
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| | | 1.__Hearing required.__The authority may issue bonds to | | finance its activities only after giving notice of the proposed | | issuance and its terms at least twice in a newspaper of general | | circulation in the appropriate counties and holding a duly | | advertised public hearing on the issuance. |
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| | | 2.__Authority.__The authority may issue bonds from time to | | time in its discretion to finance the undertaking of an | | authorized activity under this article, including but not limited | | to the payment of principal and interest upon advances for | | surveys and plans, and may issue refunding bonds for the payment | | or retirement of bonds previously issued. |
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| | | A.__The principal and interest of bonds must be made payable | | solely from the income, proceeds, revenues and funds of the | | authority derived from or held for activities under this | | article.__Payment of the principal and interest of bonds may | | be further secured by a pledge of a loan, grant or | | contribution from the Federal Government or other source in | | aid of activities of the authority under this article and by | | a mortgage of an urban activity or a project or part of a | | project, title to which is in the authority. |
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| | | B.__ Bonds issued under this section do not constitute an | | indebtedness within the meaning of any constitutional or | | statutory debt limitation or restriction and are not subject | | to other laws or charters relating to the authorization, | | issuance or sale of bonds. Bonds issued under this article | | are declared to be issued for an essential public and | | governmental purpose and, together with interest on and | | income from the bonds, are exempt from all taxes. |
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| | | C.__Bonds may not be issued by the authority until the authority | | has received a certificate of approval from the Finance Authority | | of Maine authorizing issuance of the bonds. Before issuing a | | certificate of approval under this section, the Finance Authority | | of Maine must determine that there is a reasonable likelihood | | that the income, proceeds, |
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