LD 1406
pg. 8
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LR 1248
Item 1

 
E.__Ensure that acquisition of land and management of land
by the board do not result in a decrease in property taxes
collected by the local taxing authority by providing
payments on the land in lieu of taxes to that taxing
authority; and

 
F.__On January 31, 2007 and on January 31st every 2 years
thereafter, report to the joint standing committee of the
Legislature having jurisdiction over conservation matters on
expenditures from the fund and revisions to the strategies
and guidelines set out in paragraph A.

 
3.__Assistance.__The Department of Conservation; the
Department of Inland Fisheries and Wildlife; the Department of
Transportation; the Department of Agriculture, Food and Rural
Resources; the Executive Department, State Planning Office; and
all other state agencies shall provide staff support and
assistance necessary to fulfill the objectives of this chapter.__
If agency assistance is not available, consultants may be hired
from the proceeds of the fund to assist the board in carrying out
its responsibilities.

 
§6407.__Acquisition; title; management

 
1.__Uses of funds.__The board may use the fund to acquire real
property with both fee and less-than-fee simple interest,
including, but not limited to, conservation easements, access
easements, scenic easements, other permanent interests in land
and long-term leases of at least 99 years, if those acquisitions
are primarily lands meeting the criteria set forth in this
chapter.

 
2.__Title.__Title to lands acquired pursuant to this chapter
must be vested solely in the State.__The deed to land acquired
pursuant to this chapter must specify that the property be used
for timber management and harvesting.__Management
responsibilities for the acquired lands may be contracted by the
board to cooperating entities, subject to appropriate lease
arrangements, upon the approval of the board.

 
3.__Payments.__Payments from the fund may be made to a
cooperating entity for qualifying lands acquired on behalf of the
State, if the board has issued to the cooperating entity a letter
of intent requesting assistance in the acquisition. Upon
submission to the board of a cooperating entity's direct expenses
for acquisition and related costs of an authorized acquisition,
the board shall authorize payment of those expenses, as long as
the total of all expenses does not exceed the appraised value of
the acquired property.__Expenses must be paid at intervals during
the acquisition process, as determined by the board.


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