LD 1412
pg. 2
Page 1 of 2 RESOLVE Chapter 53 LD 1412 Title Page
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LR 1988
Item 1

 
1.__The lessee shall make every effort to redevelop the
administration building of the Long Creek Youth Development Center
and, if the building is redeveloped, seek a tenant or tenants for
it;

 
2.__The lessee shall decide within 7 years after signing the
lease whether to redevelop or demolish at the lessee's expense
the administration building;

 
3.__The lessee shall take sole responsibility for the
administration building at the time the option to lease the
property is exercised.__The option and the ground lease must
include the administration building.__Title to the administration
building must transfer to the lessee at the time the lessee
exercises the option to lease the other buildings at the Long
Creek Youth Development Center; and

 
4.__If the lessee is unsuccessful in redeveloping the
administration building, the lessee shall take responsibility for all
costs of abatement and demolition of the building including
administrative time incurred by officials of the State; and be it further


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