01 M.R.S. § 001-403-3 - DEFINITIONS
1. "Business plan" means a document that
identifies changes in farm management practices and investments in equipment
and property that would increase the profitability and net worth of the farm
(vitality). A typical plan identifies ways to increase on-farm income through
such methods as improved management practices, direct marketing, and
value-added initiatives; and describes current operations and future plans for
the business, including but not limited to sections on mission/vision, legal
organization, management team, product descriptions, market research, market
promotion, customer profiles, financial statements, financial analysis of
planned changes in the business, and long-term goals for the
business.
2. "Commercial farm"
means a farm that produces any farm product with the intent that the farm
product be sold or otherwise disposed of to generate income.
3. "Grantee" means the recipient of grant
funding for an infrastructure project.
4. "Infrastructure" means physical assets and
structures that are generally considered permanent (e.g., a greenhouse or
barn).
5. "Perfluoroalkyl and
polyfluoroalkyl substances" or "PFAS" has the same meaning as in
Title
32, section1732, subsection 5-A.
6. "Service provider" means the following
entities, including but not limited to: individuals, private organizations,
public organizations, and agencies of the State; marketing consultants;
accounting firms; business support organizations; farm support organizations;
engineering firms; law firms; and other organizations that DACF determines may
provide valuable services, such as analyzing markets, developing financial
forecasts, and recommending production alternatives for the owner or operator
of a commercial farm.
Notes
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No prior version found.