Whereas, Maine Revenue Services, Property Tax Division has completed its state valuations and the appeal period for the same has passed; and

Whereas, absent this special legislation, there is no provision for Maine Revenue Services, Property Tax Division to calculate an adjusted state valuation for the Town of Wiscasset for the 2005 state valuation; and

Whereas, in the judgment of the Legislature, these facts create an emergency within the meaning of the Constitution of Maine and require the following legislation as immediately necessary for the preservation of the public peace, health and safety; now, therefore, be it

Sec. 1. State valuation for Town of Wiscasset for year 2005. Resolved: That, due to the loss of valuation caused by the settlement of a property tax dispute regarding the just value of the independent spent fuel storage facility and the real estate on which it is located, notwithstanding the Maine Revised Statutes, Title 36, sections 208 and 208-A, the State Tax Assessor shall reduce the state valuation for the Town of Wiscasset for the year 2005 state valuation to $338,600,000; and be it further

Sec. 2. Apportionment for 2005. Resolved: That, notwithstanding the Maine Revised Statutes, Title 30-A, section 706, the county commissioners of Lincoln County must use the sum of $488,450,000 instead of the 2005 state valuation for the Town of Wiscasset for the purpose of apportioning county taxes for the 2005 tax year.

Emergency clause. In view of the emergency cited in the preamble, this resolve takes effect when approved.

Effective May 31, 2005.