Sec. 5. First refusal. Resolved: That the state property must first be offered to the Central Aroostook Association for Retarded Citizens, Inc., referred to in this section as "CAARC," successor to the Aroostook Association for Retarded Children, for its appraised land value only. The CAARC has 60 days from notification of sale to enter into a purchase and sale agreement with the commissioner.

If the CAARC does not elect to purchase the state property, it must next be offered to social service agencies in Aroostook County by advertised request for proposals.

If the state property is not purchased by a social service agency, it may be offered to the general public, pursuant to the terms of this resolve; and be it further

Sec. 6. Exemptions. Resolved: That any lease or conveyance pursuant to this resolve is exempt from any statutory or regulatory requirement that the property first be offered to the Maine State Housing Authority or another state or local agency; and be it further

Sec. 7. Appraisal. Resolved: That the commissioner must 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 their 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.

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

Sec. 8. Repeal. Resolved: That this resolve is repealed 5 years from its effective date.

SUMMARY

This resolve authorizes the Commissioner of Administrative and Financial Services to sell or lease the State's interests in property known as the "Aroostook Residential Center" in Presque Isle. The property must first be offered to the Central