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    Subdivision 1. Acquisition of entire tract. The commissioner of natural resources on
determining that it is necessary to acquire any interest in a part of a tract or parcel of real estate
for purposes of the Minnesota Valley Trail, may acquire in fee the whole or any additional parts of
the tract or parcel that the commissioner deems to be in the best interests of the state.
    Subd. 2. Conveyance of excess. Within one year after acquiring excess real estate pursuant
to subdivision 1, the commissioner of natural resources shall notify the governor that the excess
real estate is available for sale. The commissioner shall then publish notice of sale for three
successive weeks in a newspaper of general circulation in the territory from which bids are likely
to be received. After receipt of sealed bids, and upon recommendation of the commissioner of
natural resources, the governor shall convey the excess real estate by quitclaim deed in a form
approved by the attorney general in the name of the state to the highest responsible bidder. The
deed may contain restrictive clauses limiting the use of the real estate in the interest of preserving
the integrity of the trail when the commissioner finds that the restrictions are reasonably necessary.
    Subd. 3. Leasing. The commissioner may lease for the term between the acquisition and
sale thereof and for a fair rental rate and upon terms and conditions that the commissioner deems
proper, any excess real estate acquired under the provisions of this section and any real estate
acquired in fee for natural resources purposes and not presently needed therefor. All rents received
from the leases shall be paid into the state treasury.
History: 1975 c 144 s 2; 1980 c 458 s 13,14; 1986 c 444