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.