[§302A-835]  Annual review; disposal of
units.  The department of education shall annually review the status of and
necessity for subsidized teachers' housing throughout the State and, upon
determination that any particular housing unit is no longer necessary, shall
dispose of that unit by sale, demolition, or otherwise.  Any net proceeds from
the disposal of a unit shall be paid to the governmental entity vested with fee
title to the unit at the time of disposition, and any deficit incurred in the
disposal shall be paid by the State. [L 2005, c 204, pt of §1]