Article IV, Part Third, Section 14 of the maine State Constitution

Article IV, Part Third, Section 14 of the Maine State Constitution says:

Corporations shall be formed under general laws, and shall not be created by special Acts of the Legislature, except for municipal purposes, and in cases where the objects of the corporation cannot otherwise be attained, and, however formed , they shall forever be subject of the general laws of the state ( emphasis mine)

Quote from the legislative Charter for Brunswick Landing Maine's Center for Innovation : The Midcoast Regional Redevelopment Authority is established as a body corporate and politic and a public instrumentality of the State to carry out the purposes of this article. The authority is entrusted with acquiring and managing the properties within the geographic boundaries of Brunswick Naval Air Station. [2009, c. 641,
§1 (AMD).]
1. Powers. The authority is a public municipal corporation and may:D. Exercise the power of eminent domain; [2005, c. 599, §1 (NEW).]

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Tuesday, April 28, 2015

Preserving The American Political Philosophy: Cate Street Capital - A Legal Faud: By What Rule of Law?


The media tells us that the Cate Street debacle is a "legal fraud" on the Maine Taxpayers indebting them to the tune of 76 million dollars. The main stream story is that the statute on which the taxpayer debt is premised was enacted during a budget meeting and that when the House and Senate approved of the budget, they also enacted the statute. Research comes up with two separate bill status for LD 1043 (HP 778) - One that states that it was enacted and signed byThe Governor.The bill text includes a summary for the New Markets Tax Credit statute. The other bill status records the vote for the House and Senate. The text for that bill status makes no mention of the New Markets tax credit.
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