LD 1739 LR 2740(02)
Resolve, Authorizing the Lease of the Colonial Pemaquid State Historic Site
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Agriculture, Conservation and Forestry
Fiscal Note Required: Yes
Fiscal Note
Lease of Colonial Pemaquid State Historic Site authorized
Fiscal Detail and Notes
The permissive language of this resolve would allow but not require the Department of Agriculture, Conservation and Forestry to enter into a lease agreement of the Colonial Pemaquid State Historic Site to the non-profit entity Friends of Colonial Pemaquid (FOCP) for historic preservation, public recreation and educational uses.  The bill does not indicate the financial terms of such a lease, but it does require that it contain a reversion clause specifying that the site will revert back to the State if FOCP does not continue to use the site for public education, historical or cultural purposes. Without specific terms no estimate of the fiscal impact of this bill can be made.