November 7, 2013 9:52 PM
The saying ‘the only thing that is constant is change’ is so true. Business owners know that over time city laws change, zoning ordinances change, and the status quo changes. Greg Theriault, owner of One Stop Mini Storage, recently discovered that the status quo for part of his business has changed. [More]
October 14, 2011 8:53 AM
Stoney Acres Investments LLC, under David Coulombe's supervision, is working toward opening a new storage facility in Vassalboro, Maine. He recently got green light from city officials to move ahead with his plans. Coulombe is in the process of purchasing the property where a controversial topless coffee shop has been operating until recently. [More]
June 21, 2011 5:56 PM
So far this year, self-storage legislation has been signed into law in California, Illinois, Nevada and Tennessee. Now Maine has joined the mix. Legislative document 1428, “An Act to Amend the Laws Governing Self-Service Storage in the State,” was signed by Maine Governor Paul LePage and includes legal improvements for the state’s self storage facilities. [More]
June 10, 2010 4:17 PM
Although observers say that the people of Maine are in favor of tax reform generally, on Tuesday Maine’s voters rejected tax reform legislation for the fifth time in six years. In a 61 to 39 percent vote, Maine residents rejected a state tax package that would have lowered income taxes while broadening sales taxes to cover dozens of items, including self storage, that were not previously taxed. (The vote will not affect federal income taxes, only Maine’s state income tax and sales tax.) [More]
March 23, 2010 4:01 PM
If you need to store a boat or an RV, it is wise to check with your municipality to find out the most current rules on boat or RV storage. In some cities across the nation, city councils and village trustees are changing the rules. Many self-storage facilities will accept vehicles for storage, giving boat and RV owners another option if they live in an area that prohibits outdoor storage of large vehicles. [More]
February 24, 2010 5:51 PM
The Arizona Self Storage Association has been trying to push a bill that will protect tenant documents, HB2643, through the Arizona legislature. Last week HB2653 passed another milestone on its way to becoming a law -- it passed the Arizona House Commerce Committee. The law will impose certain restrictions on what can be done with personal documents that are placed in self-storage, and what should happen to those documents in the event that the tenant abandons a self-storage unit without removing its contents. The bill is meant to prevent possible cases of identity theft if documents that are abandoned were to fall into the wrong hands.
HB2643, if passed, will place certain responsibilities with the self-storage tenant and will provide some protection for self-storage operators if they are placed in the position of being left with personal documents that have been abandoned in a unit. Specifically, the new bill has the following provisions: [More]
February 3, 2010 11:51 AM
Maine's legislature is one step closer this week to passing the state's new law protecting personal financial records that are abandoned in self-storage units. The bill, LD 1499, is under final review by the Business Research Economic Development Committee. It was drafted by the Maine Self Storage Association together with the Bureau of Consumer Credit Protection, and is expected to pass in both Maine's House and Senate this spring. The bill was sponsored by Maine State Senator Peter Bowman.
Under Maine's current law, items in self-storage units may be sold if rent for the unit is 45 days or more past due. The self-storage operator is not required to inventory the unit for personal records, or to notify any regulators if personal records are found or believed to be present, as often happens when mortgage companies that keep their records in self-storage go out of business. [More]
January 18, 2010 10:19 AM
Running Hill Self Storage, of Scarborough, Maine, is expanding its business using federal stimulus money. The federal money came from the U.S. Department of Agriculture's Business and Industry Guaranteed Loan Program, which assisted Running Hill in getting its loan from Northeast Bank. The loan was for $2.2 million, and Running Hill will use it to construct a new self-storage complex. The new complex will employ 60 people.
The money for the B&I program was allocated by Congress last February, when it passed the 2009 American Reinvestment and Recovery Act. [More]