§6411. Municipal approval of eminent domain

1.__Approval.__Approval by the elected municipal officials is required when more than 1% of a municipality's state valuation is considered for acquisition by the board.

2.__Transactions.__Any acquisition by eminent domain funded by the board, when the land exceeds either 50 acres or $100,000 in assessed value, is subject to the approval of the municipality in which the land is located.__That approval may be obtained either from the elected municipal officials or, if those officials do not approve, by vote of the town meeting or by referendum of the electorate.

3.__Unorganized territory.__If the land involved in an acquisition by eminent domain is located within the unorganized territory, this approval requirement does not apply.

§6412. Data sharing

If the board transfers to any local or federal agency written information acquired under this chapter concerning any land, the board shall notify the landowner of the transfer by certified mail.

§6413.__Maine Woods Fund

1.__Fund established.__There is established the Maine Woods Fund that is administered by the board.__The fund consists of the proceeds from the sale of any bonds authorized for the purposes set forth in subsection 2 and any funds received as contributions from private and public sources for those purposes.__The fund must be held separate and apart from all other money, funds and accounts.__Eligible investment earnings credited to the assets of the fund become part of the__assets of that fund. Any balance remaining in the fund at the end of any fiscal year may not lapse but must be carried forward to the next fiscal year.

2.__Fund proceeds.__The proceeds of the fund may be applied and expended to:

A.__Acquire property or an interest in property that is determined by the board appropriate for sustainable forestry practices and public access and recreation;

B.__Fund minor capital improvements on lands acquired by proceeds from the fund to improve accessibility, as long as