Fiscal Analysis
Bill/Sponsor
SB 523(As passed the Senate), Sen. J. Gilbert
House Committee
Appropriations
First Analysis
2/25/2008
Summary
The bill authorizes the State Administrative Board to sell a 3 acre parcel in Lapeer for fair market value. This is the site of the former State Police Post that was demolished in 1992.
State Fiscal Impact
Proceeds from the sale will be credited to the State General Fund. The property was last appraised in 1996 at $250,000.
Local Fiscal Impact
None
Analyst(s)
Al Valenzio
