This article is enacted by the municipal officers
in accordance with 33 M.R.S.A. Chapter 10-A, § 593. The
article governs the taxation of all time-share estates in the Town
of Wells.
The purpose of this article is to facilitate
the collection and payment of property taxes on time-share estates.
As used in this chapter, the following terms
shall have the meanings indicated:
ESCROW ACCOUNT
An account established and maintained by the managing entity
in accordance with 33 M.R.S.A. § 593(5).
MANAGING ENTITY
The condominium association responsible for management of
time-share estates or, if the association has designated an agent
responsible for the obligations imposed by this article, such agent.
TIME-SHARE ESTATE
Any interest in a unit or any of several units under which
the exclusive right of use, possession or occupancy of the unit circulates
among the various owners of the unit in accordance with a fixed time
schedule on a periodically recurring basis for periods of time established
by the schedule, coupled with a freehold estate or an estate for years
in a time-share property or a specified portion thereof.
TIME-SHARE OWNER
A person who is an owner or co-owner of a time-share estate
other than as security for an obligation.
This article shall become effective January
3, 2000, for taxes assessed and billed for the fiscal year 2001, which
commences July 1, 2000.
This ordinance is enacted pursuant to 36 M.R.S.A. § 1483-A,
which expressly authorizes such ordinances.
The purpose of this article is to grant an excise tax exemption
for residents of the Town of Wells who are currently on active duty
with the United States Armed Forces.
As used in this article, the following terms shall have the
meanings indicated:
AUTOMOBILE
A motor vehicle as further defined in 36 M.R.S.A. § 1481(6),
as amended.
DEPLOYED FOR MILITARY SERVICE
Active duty with the state military forces, or the United
States Armed Forces, including the National Guard and Reserves, as
defined in 26 M.R.S.A. § 814, as amended.
PRIMARY VEHICLE
An automobile with title held by the eligible resident. If such resident owns more than one automobile, the exemption outlined in §
204-10 shall only apply to the automobile on which the least amount of excise tax is owed in the current year.
UNITED STATES ARMED FORCES
All branches of the United States Military, including the
National Guard and the Reserves of the United States Armed Forces.