121st Maine Legislature
		Office of Fiscal and Program Review
		LD 1412
		Resolve, Authorizing the Commissioner of Administrative and Financial Services To Increase the Ground Lease Term at the Long Creek Youth Development Center from 50 to 90 Years
		LR 1988(03)
	Fiscal Note for Bill as Amended by Committee Amendment " "
		Committee: State and Local Government
		Fiscal Note Required: Yes
Fiscal Note
Potential future biennium revenue increase - General Fund
Fiscal Detail and Notes
	Extending the ground lease term of the property at the Long Creek Youth Development Center will increase future General Fund revenue.  It is unknown what the terms for extending this lease to 90 years will be.  The revenue stream can not be determined at this time.  Requiring the lessee to either redevelop or demolish a building at the site may lower the value of the lease agreement.