Sec. 1. P&SL 1981, c. 65, §12, as enacted by P&SL 1981, c. 75, §11, is amended to read:

Sec. 12. Department of Transportation; authority. In implementing this Act with respect to port facilities, the State, acting through the Department of Transportation, is authorized to enter into any agreements necessary to effect the purposes and authorization set forth in this Act. The Commissioner of Transportation, acting with the consent of the Governor, is authorized to convey the interest of the State in the Maine State Pier and the State's interest and rights in the accompanying submerged lands, drydocks and port facilities located in Portland on such terms and conditions and for such consideration, as he deems the Governor determines reasonable. The $4,600,000 received by the State from the sale of the Maine State Pier is allocated for use by the State towards the construction or repair costs of a drydock and related facilities for use in connection with a shipbuilding and repair yard in the City of Portland. These funds shall do not lapse, but shall be are carried forward from year to year.

SUMMARY

This bill confirms the intent of the Legislature as shown in the Legislative Record and the deed from the Department of Transportation to the City of Portland dated February 1, 1982, whereby the State conveyed to the city all of the State's legal interest and rights in the Maine State Pier and the submerged lands associated with the pier.