121st Maine Legislature
Office of Fiscal and Program Review
LD 1541
Resolve, Conveying The State's Interest in a Parcel of Property Located in Orrington     
LR 2041(03)
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: State and Local Government
Fiscal Note Required: Yes
   
             
Fiscal Note
Undetermined loss of asset - Other Special Revenue Funds
Fiscal Detail and Notes
The conveyance of a particular piece of property from the Department of Conservation to a certain individual will result in the loss of whatever the asset value of that property may be.  The department recently became the default owner of this property through the provisions of 12 MRSA § 1801 (6); the property was thought to be owned by the individual to whom the property will be conveyed to and that individual has been paying property taxes for the property in question.  The property has not been appraised for its asset value; the value of the property can not be determined at this time.