Ch. 597

1995 LAWS OF. MARYLAND

(ii) Publishing the notice for 2 consecutive weeks in a newspaper that
is published or has general circulation in the county in which the property is located.

(4)     The notice of the sale shall:

(i) Describe generally the property to be sold;

(ii) State the date, time, and place of the sale; and

(iii) Contain any other information that the Administration considers
proper.

(5)     The sale shall be held on or near the land and may be conducted by
Administration personnel.

(6)     At the conclusion of the sale, the Administration's representative in
charge of the sale shall announce publicly the name of the highest bidder and the amount
of the bid. If the highest bid does not approximate the appraised value of the land, the
representative may reject all bids and cancel the sale.

(7)     The results of the sale shall be recorded and, if the highest bid was
accepted by the Administration's representative, presented to the Administrator for
approval or rejection. If the Administrator approves the sale, the Administrator may
execute a deed conveying the land to the buyer.

(8)     If there is no bidder for the land, if all bids are rejected and the sale
canceled as provided in paragraph (6) of this subsection, or if the Administrator considers
all bids inadequate, the land shall be reoffered for sale within 6 months on the same terms
and in the same manner as the original sale.

(9)     At the second sale, if there is no bidder for the land, if all bids are
rejected and the sale canceled as provided in paragraph (6) of this subsection, or if the
Administrator considers all bids inadequate, the Administrator may negotiate a sale of
the land. If the Board of Public Works approves the negotiated sale and the deed, the
Administrator may execute a deed conveying the land to the buyer.

(d) As to any land from a completed project, if the Administration considers the
land to be too small or otherwise unsuitable for private use or development, the
Administration shall establish a plan of disposal for that land. If the Board of Public
Works approves the plan and the deed, the Administrator may execute a deed conveying
the land under the plan.

(E) (1) NOTWITHSTANDING ANY OTHER PROVISION OF THIS SECTION, THE
ADMINISTRATION MAY CONVEY LAND FROM AN ABANDONED OR COMPLETED
TRANSPORTATION PROJECT BY EXCHANGING THE LAND FOR PRIVATELY OR
PUBLICLY OWNED LAND OF SUBSTANTIALLY EQUAL VALUE WHEN THE LAND TO BE
ACQUIRED BY THE EXCHANGE IS NEEDED FOR A PRESENT OR FUTURE CURRENT
STATE TRANSPORTATION HIGHWAY PURPOSE THAT HAS BEEN IDENTIFIED WITHIN
THE CURRENT CONSOLIDATED TRANSPORTATION PROGRAM AS APPROVED BY THE
GENERAL ASSEMBLY, OR HAS OTHERWISE RECEIVED PRIOR LEGISLATIVE APPROVAL
FOR PLANNING.

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