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WSE:REAS, the Applicant further agrees to abide by all additional <br />periods of restriction placed on property by the State Agency, <br />that is, 18 months on all passenger motor vehicles and other items <br />of property with a unit acquisition cost of $3,000 or more, except <br />for such itams of major equipment on which the State agency desig- <br />nates a fur•.her period of restriction as indicated on the distri- <br />bution- document, and <br />WH£REaS, the Applicant further agrees that during the period of <br />restriction, it will not sell, trade, .lease, Lend, bail, encumber, <br />or otherwise dispose of such property without prior approval of <br />the General Services Administration or., the State agency, and in <br />the event property is so disposed of without prior approval of the <br />General Services Administration or the Stateagency, the Applicant <br />will be liable for the fair mar -tat value or the fair rental value <br />of such property as determined by the General Services Administra- <br />tion or the State Agency, and <br />MIMM, the Applicant further agrees to remit promptly to the State. <br />agency for all fees assessed an all property acquired !or service <br />and handling expenses, <br />2'SE2E?O RE , 3E I'r RESOLVED, that the ?app li cant requests that <br />eligibility be established to paxtiCipatr in the :ederal Surplus <br />Property Conation Program, and <br />DEC 15 1982 <br />fox 52 PAGE 36 <br />