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122nd MAINE LEGISLATURE |
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LD 504 |
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LR 0537(01) |
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Resolve,
Authorizing the Commissioner of Administrative and Financial Services To Sell
or Lease the Interests of the State in Certain Real Estate Located along the
New Belgrade Road in Augusta |
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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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Current
biennium revenue increase - Other Special Revenue Funds |
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Minor cost increase - General Fund |
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Fiscal Detail
and Notes |
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The
administrative costs associated with authorizing the Commissioner of
Administrative and Financial Services to sell or lease the state's interests
in a small portion of the Maine Veterans Memorial Cemetery can be absorbed by
the department utilizing existing budgeted resources. The property is to be appraised prior to
the conveyance and it is expected that the value will not exceed
$20,000. Any proceeds from the sale
of property will be deposited in an Other Special Revenue Funds account for
the Maine Veterans Memorial Cemetery. |
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