48-B:1 Definitions. – Terms used in this chapter shall have the meanings set forth below, unless a different meaning is clearly apparent from the language or context, or is otherwise inconsistent with the manifest intention of this chapter: I. "Municipality" shall mean any city or town in the state; II. "Legislative body" shall mean […]
48-B:2 Air Rights. – The governing board of a municipality, when authorized to do so by its legislative body, may lease, at one time or from time to time for a term or terms not to exceed 99 years, upon such terms and conditions as the governing board thereof in its discretion deems advisable, […]
48-B:3 Applicability of Other Provisions of Law. – The construction or occupancy of any building or other thing erected or affixed under any lease hereunder shall be subject to the building, fire, health and zoning ordinances of the municipality to the extent applicable. Any building, or other thing, erected over or affixed to any […]
48-B:4 Taxability. – Any building, or other thing, erected or affixed under any such lease shall be taxed to the lessee thereof or his assigns in the same manner and to the same extent as if such lessee or his assigns were the owners of the land in fee; provided that no part of […]
48-B:5 Public Records. – Each lease hereunder shall require that the lessee file with the clerk of the municipality, and amend as changes may occur, a statement under oath containing the names and addresses of the officers and directors, in the case of a corporation, and in the case of partnership or other voluntary […]
