LD 638 LR 1701(01)
An Act To Authorize the Transfer of State-owned Real Estate to the City of Belfast
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Pres. Thibodeau of Waldo
Committee: State and Local Government
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
Asset exchange of equal value
Minor cost increase - General Fund
Fiscal Detail and Notes
Under this legislation, the Department of Defense, Veterans and Emergency Management could proceed with a like-kind exchange with the City of Belfast for a parcel of land adjacent to the Belfast Municipal Airport.  Any closing costs would be considered minor requiring no change to the budget.