LD 1464
pg. 2
Page 1 of 2 Resolve, Amending the Commissioner of Administrative and Financial Services' Au... LD 1464 Title Page
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LR 1987
Item 1

 
Sec. 3. Resolve 1999, c. 114, §6, amended. Resolved: That Resolve 1999, c.
114, §6 is amended to read:

 
Sec. 6. Purchase price. Resolved: That the commissioner shall have
the current market value of the state property determined by
an independent appraiser. The commissioner may list the
property for sale or lease with private real estate brokers at
its appraised value and negotiate sales or leases, solicit
bids, sell directly to purchasers or enter directly into
leases with tenants. The commissioner may reject any offers.

 
The commissioner shall establish the rent or purchase price
and the terms of lease or sale.

 
Proceeds from the sale of the Maine State Prison property in
Thomaston must be deposited in the Maine State Housing
Authority's Housing Opportunities for Maine Fund established
in the Maine Revised Statutes, Title 30-A, section 4853.

 
If the commissioner elects to solicit bids, the commissioner
shall publish notices of sale sufficient to advertise the
property. The commissioner may reject any bids; and be it
further

 
SUMMARY

 
This resolve authorizes the Commissioner of Administrative
and Financial Services to convey approximately 30 acres of the
Kennebec Arsenal property, together with improvements, and
diverts proceeds from the sale of the Maine State Prison in
Thomaston to the Maine State Housing Authority's Housing
Opportunities for Maine Fund.


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