130th MAINE LEGISLATURE
LD 2025 LR 2643(03)
Resolve, To Authorize the Bureau of Parks and Lands To Enter into a Lease with Aroostook Technologies, Inc. for a Parcel of Land in Township 11, Range 4 WELS
Fiscal Note for Bill as Engrossed with:
C "A" (S-518)
Committee: Agriculture, Conservation and Forestry
             
Fiscal Note
Legislative approval may avoid constitutional conflict
Fiscal Detail and Notes
This bill provides legislative approval for an existing lease of certain lands in Aroostook County. The lease was issued in 2019 to Aroostook Technologies, Inc and generates annual revenue of $1,000. Approval is occurring now to avoid any potential conflict with certain constitutional requirements for real estate held by the State. Such approval will confirm the validity of the existing lease and there will be no impact on the Department of Agriculture, Conservation, and Forestry.