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Since the proceeds received from the sale of excess parcels will be used to partially fund the LATIP, will the Department attempt to obtain a high sales price?

Department excess fund latip parcels proceeds received sale Used
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Since the proceeds received from the sale of excess parcels will be used to partially fund the LATIP, will the Department attempt to obtain a high sales price?

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A – The intended use of the proceeds from a sale does not influence the sales price. The sales price of a parcel is determined by either the highest bid at an auction or the appraised value for direct sales.

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