Sec. 5. Transfer of previously developed property. Resolved: That developers of the lands immediately abutting the west line of the property may have inaccurately established the boundary line of the property, causing development to occur improperly on a portion of the property. The Town of Carrabassett Valley or the Director of the Bureau of Parks and Lands may sell or exchange lands that have been improved and built upon as of the effective date of this resolve in settlement of this defect. Such developed portions are not covered by the deed restrictions in section 4; and be it further

Sec. 6. Management operations. Resolved: That any management operations, including without limitation, timber harvesting operations, that the State may have scheduled before the signing of an agreement between the Director of the Bureau of Parks and Lands on behalf of the State and the Town of Carrabassett Valley must be allowed to proceed and all revenue derived from these operations accrues to the State until the delivery of the deed.

SUMMARY

This resolve permits the Director of the Bureau of Parks and Lands within the Department of Conservation to negotiate the transfer of certain public reserved land owned by the State to the Town of Carrabassett Valley. It requires the proceeds from the sale to be used to acquire additional real estate in the same county as the transferred land for the same purposes. The land to be transferred is subject to restrictions on development and must be used for public outdoor recreation.