[HISTORY: Adopted 5-3-1976 ATM, Art. 19. Amendments noted where applicable.]
GENERAL REFERENCES
Development and Industrial Commission — See Ch.
62.
[Current statutes in effect: MGL c. 121C, § 1
et seq.
Historical Notes:
Article 19 of the 5-3-1976 Annual Town Meeting accepted
the provisions of Acts of 1972, c. 725, which is codified as MGL c.
121C, §§ 1 through 18. That Article also declared that
the Corporation is needed and established in the Town of Hopedale
and that (1) unemployment or the threat thereof exists in the Town
of Hopedale, or (2) security against future unemployment, or the threat
thereof, and lack of business opportunity can be provided for by attracting
new industry to the Town or substantially expanding industry existing
in the Town through an economic development project or projects financed
under Acts of 1972, c. 725. The statute provides that said Corporation
shall have a seven-member Board of Directors, to be appointed by the
municipality for three-year terms.]