LD 1785
pg. 3
Page 2 of 3 RESOLVE Chapter 146 LD 1785 Title Page
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LR 2501
Item 1
 
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 Resolved: That this resolve is repealed 5 years from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.

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