AB534-ASA1-AA2,1,8
5"2m. If a municipality or a local school district expresses interest in acquiring
6the land for public use related to transportation or infrastructure, the department
7may offer the municipality or the local school district the right of first purchase, for
8less than the fair market valuation of the property, if all of the following are true:
AB534-ASA1-AA2,1,119
a. The municipality or local school district provides a plan to the department
10identifying the proposed use of the property for transportation or infrastructure
11purposes.
AB534-ASA1-AA2,2,2
1b. The municipality or local school district agrees to a permanent restriction
2on the use of the land for the purpose identified.".
AB534-ASA1-AA2,2,5
33. Page 3, line 23: after "parcel." insert "If the conditions of subd. 2m. are met,
4the department shall transfer ownership of the land parcel to the municipality or
5local school district upon receipt of the agreed purchase price of the land parcel.".