38 §2175-A. Property value offset

Title 38: WATERS AND NAVIGATION

Chapter 24: SOLID WASTE MANAGEMENT AND RECYCLING HEADING: PL 1995, C. 465, PT. A, §26 (RPR

Subchapter 5: HOST COMMUNITY COMPENSATION AND FACILITY OVERSIGHT HEADING: PL 1993, C. 310, PT. B, §1 (RPR)

§2175-A. Property value offset

Owners of property, the value of which has been affected by a solid waste disposal facility, are eligible for reimbursement from the office for loss in property value directly attributable to the construction and operation of the facility. The office shall adopt rules to establish the formula and procedure for reimbursement, including, without limitation, definition of the impact area, a process for establishing baseline real estate values, a time frame within which the property value offset program will be in effect and an accounting of real estate trends in the area. [1995, c. 656, Pt. A, §55 (AMD).]

SECTION HISTORY

1991, c. 794, §7 (NEW). RR 1993, c. 1, §137 (COR). 1993, c. 310, §B9 (AMD). 1995, c. 656, §A55 (AMD).