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122nd MAINE LEGISLATURE |
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LD 489 |
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LR 0536(01) |
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Resolve,
Authorizing the Commissioner of Administrative and Financial Services To
Place under Option or Right of First Refusal Certain Property along State
Street, Augusta, Maine |
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Fiscal Note for Original Bill |
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Sponsor: Rep. Lerman of Augusta |
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Committee: State and Local Government |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Minor cost increase - General Fund |
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Fiscal Detail
and Notes |
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The
additional costs associated with authorizing the Commissioner of
Administrative and Financial Services to negotiate the terms of an option or
right of first refusal for a certain parcel of property can be absorbed by
the department utilizing existing budgeted resources. If the property owner decides to sell and
the option is exercised, the Department of Administrative and Financial
Services must return to the Legislature for authority and funding to
purchase. |
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