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Session Laws, 1969
Volume 692, Page 314   View pdf image
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314                                   LAWS OF MARYLAND                         [CH. 134

date and time of the sale, which shall take place on or near the
property, and contain such other information as the Commission
deems proper. The Commission shall also post an appropriate sign
on the property at least two weeks prior to the sale, which sign shall
generally describe the property and give the date and time of the sale.

d.  At the conclusion of the auction sale, which may be conducted
by Commission personnel, the name of the high bidder and the
amount of the bid shall be publicly announced. Thereafter, the results
of the sale shall be recorded and presented to the Commission for
approval or rejection of the bid.

e.  If the Commission shall approve the sale, the Chairman-Director
of the Commission is authorized to sign a deed conveying the interest
of the Commission to the purchaser.

f.  At any such sale if there shall be no bidder or if the amount of
the bid is, in the opinion of the Commission, not adequate, the prop-
erty shall again within a six-month period be offered for sale at
auction under the same terms as the earlier sale. If the second sale
shall produce no bidder or a price which, in the opinion of the Com-
mission, is inadequate, then the Commission may negotiate a sale
for the property, provided, however, such sale shall be approved by
the Board of Public Works and the deed conveying the property shall
also be approved by the Board of Public Works.

g.  In those cases where the Commission determines the parcel of
land is too small or otherwise not susceptible of private use or de-
velopment, the Com/mission shall establish a plan of disposal which
shall be subject to the approval of the Board of Public Works. In
such cases, the deed conveying the Commission's interest shall be
signed by the Chairman-Director of the Commission and approved by
the Board of Public Works.

h. Nothing herein shall be deemed to prevent the Commission from
conveying any of its surplus land to an adjacent property owner (1)
as total or partial consideration for a right of way transaction; and
(2) on a negotiated sale with price based on appraised value, if in
the judgment of the Commission the value or use of such adjoining
(adjacent)
ADJACENT land would be adversely affected if sold at
public auction. Determination of value of such parcels shall be ap-
praised by at least one independent qualified real estate appraiser.
If any such conveyance is made the deed conveying the property
shall be signed by the Chairman-Director of the Commission and
approved by the Board of Public Works. Further, the Commission,
with the approval of the Board of Public Works, is authorized to
dispose of any parcel of excess land to any other state, county or
governmental agency having need for same for a public purpose
upon payment by such other state, county or governmental agency
to the Commission of a sum equal to