124th MAINE LEGISLATURE
LD 554 LR 1726(02)
Resolve, To Allow the Department of Transportation To Transfer Certain Land to the Greater Grand Isle Historical Society
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Transportation
Fiscal Note Required: Yes
             
Fiscal Note
Loss of Asset - Highway Fund
Fiscal Detail and Notes
Conveyance of land to the Greater Grand Isle Historical Society at less than fair market value represents a reduction of asset value to the Highway Fund.  In this case the Department of Transportation will no longer have to maintain the area and the Greater Grand Isle Historical Society has indicated its intention to improve and maintain the site.