The department shall provide to any municipality, upon request, technical assistance in the event of a college or university closing in such municipality, on topics including but not limited to:
- 1. workforce transition and development;
- 2. attracting new employers and economic opportunities;
- 3. developing plans for the land and buildings formerly occupied by such college or university; and
- 4. recommendations and planning assistance for dealing with creditors and other entities having a financial interest in such college or university's assets located in such municipality, provided, however, that the state shall not become a party to any legal proceedings pursuant to this section.