The redevelopment authority has the following powers and duties:

1. 1. Suit To sue and be sued;

   [PL 2021, c. 664, §3 (NEW).]

2. 2. Seal To adopt an official seal;

   [PL 2021, c. 664, §3 (NEW).]

3. 3. Office To maintain an office at a place designated by the redevelopment authority within the State;

   [PL 2021, c. 664, §3 (NEW).]

4. 3-A. General corporate powers To exercise all general powers of a corporation under Title 13‑C, section 302;

   [PL 2025, c. 120, §2 (NEW).]

5. 4. Agreements with public entities To enter into agreements with public entities, including, but not limited to, municipalities, counties, regional planning organizations, state agencies and municipal or regionally organized land banks in order to effectuate the purposes of this chapter;

   [PL 2025, c. 120, §3 (AMD).]

6. 5. Agreements with federal agencies To enter into agreements with federal agencies to effectuate the purposes of this chapter;

   [PL 2025, c. 120, §4 (AMD).]

7. 5-A. Agreements with private parties To enter into agreements with a private entity or person to effectuate the purposes of this chapter. If an agreement under this subsection is for the acquisition of property, the municipality in which the property is located or, if the property is located in an unorganized or deorganized township of the State, the Maine Land Use Planning Commission must consent to the acquisition;

   [PL 2025, c. 120, §5 (NEW).]

8. 6. Assistance To provide assistance, by request, to entities in the State engaged in redevelopment activities;

   [PL 2025, c. 120, §6 (AMD).]

9. 7. Application for funding To apply for grants, loans and other financial assistance from state or federal government programs for redevelopment projects consistent with this chapter;

   [PL 2021, c. 664, §3 (NEW).]

10. 8. Bonds To issue revenue bonds as provided in section 5160;

    [PL 2021, c. 664, §3 (NEW).]

11. 9. Eminent domain To acquire in a municipality, through an agreement with a municipality or county, eligible property by the exercise of the power of eminent domain as provided in section 5159;

    [PL 2021, c. 664, §3 (NEW).]

12. 10. Rules To adopt rules for the purposes of carrying out this chapter. Rules adopted pursuant to this subsection are routine technical rules as defined in Title 5, chapter 375, subchapter 2‑A; and

    [PL 2021, c. 664, §3 (NEW).]

13. 11. Other functions To perform other functions necessary or useful for carrying out any of its powers, duties or purposes.

    [PL 2021, c. 664, §3 (NEW).]

PL 2021, c. 664, §3 (NEW). PL 2025, c. 120, §§2-6 (AMD).