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appropriate; however, the state property must be sold "as is," with | | no representations or warranties. |
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| | | Title must be transferred by quitclaim deed without covenant | | or release deed and executed by the commissioner; and be it | | further |
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| | | Sec. 5. Exemptions. Resolved: That any lease or conveyance pursuant | | to this resolve is exempt from any statutory or regulatory | | requirement that the property first be offered to the Maine State | | Housing Authority or another state or local agency; and be it | | further |
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| | | Sec. 6. Appraisal. Resolved: That the commissioner shall have the | | current market value of the state property determined by an | | independent appraiser. The commissioner may list the property | | for sale or lease with private real estate brokers at the | | property's appraised value and negotiate sales or leases, solicit | | bids, sell directly to purchasers or enter directly into leases | | with tenants. The commissioner may reject any offers. |
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| | | The commissioner shall establish the rent or purchase price | | and the terms of lease or sale. |
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| | | Prior to transfer, the buyer shall provide the State at the | | buyer's own cost and expense an updated survey showing the | | property described herein together with adjacent property | | described in Book 5667, Page 32; Book 4952, Page 283; and Book | | 5691, Page 307. The buyer shall also provide a certificate of | | title or title insurance policy demonstrating ownership of former | | Lot 10, acquired in 2 separate transactions: Book 4952, Page 283 | | and Book 5667, Page 32. The buyer shall demonstrate to the | | satisfaction of the commissioner that the transfer herein does | | not create an illegal subdivision on a substandard lot or violate | | any local or state law, ordinance or regulation. |
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| | | If the commissioner elects to solicit bids, the commissioner | | shall publish notices of sale sufficient to advertise the | | properties. The commissioner may reject any bids; and be it | | further |
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| | | Sec. 7. Proceeds. Resolved: That any proceeds from sales pursuant to | | this resolve must be deposited in the Special Revenue Account for | | Maine Veterans Memorial Cemetery at Civic Center Drive, Account | | No. 014 15A 2101 402; and be it further |
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| | | Sec. 8. Repeal. Resolved: That this resolve is repealed 3 years from | | its effective date. |
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