LD 1465
pg. 2
Page 1 of 2 Resolve, Authorizing the Commissioner of Administrative and Financial Services ... LD 1465 Title Page
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LR 1989
Item 1

 
Sec. 5. 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. 6. 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 of the state property 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. 7. Proceeds. Resolved: That any proceeds from sales pursuant
to this resolve 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; and
be it further

 
Sec. 8. Repeal. Resolved: That this resolve is repealed 8 years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 certain property located in Hallowell.


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