Sec.22-26gg-15. Negotiations with the applicant

(a) The Commissioner, or his designee, shall be the chief negotiator for the purchase of development rights for the project.

(b) Only the municipality's designated negotiator shall be involved in negotiations with the seller in addition to the Commissioner or his designee.

(c) Contracts for purchase of development rights shall be on a form provided by the Commissioner. Such contracts shall include:

(1) state's contribution,

(2) municipality's contribution,

(3) any requirements that must be met before conveyance of development rights may take place,

(4) Commissioner's signature,

(5) Municipality's negotiator's signature,

(6) Closing date, identification of parties and acquisition price, and

(7) A provision that the contract shall be subject to the approval by the Office of Policy and Management and the Office of the Attorney General.

(d) The purchase offer agreement may be withdrawn anytime prior to acceptance by the applicant. Purchase agreements may be revised and resubmitted if both the Commissioner and the town's negotiator agree.

(Effective August 21, 1991)