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Bill > H3870


MA H3870

MA H3870
Authorizing the Commonwealth of Massachusetts to convey a certain parcel of land to the Claremont Realty Trust in the city of Framingham


summary

Introduced
05/13/2021
In Committee
05/18/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

By Representatives Robinson of Framingham and Lewis of Framingham, a petition (subject to Joint Rule 12) of Maria Duaime Robinson and Jack Patrick Lewis that the commissioner of Capital Asset Management and Maintenance be authorized to convey a certain parcel of land in the city of Framingham to the Claremont Realty Trust. State Administration and Regulatory Oversight.

AI Summary

This bill authorizes the Commonwealth of Massachusetts to convey a certain parcel of land in the city of Framingham to the Claremont Realty Trust, despite the usual state laws regarding the management of state-owned property. The bill requires an independent appraisal of the fair market value and value in use of the parcel, with the review and approval of the Inspector General. The consideration for the transfer can be either the full fair market value or value in proposed use, or the transfer of an equal or greater interest in land or funding to the Commonwealth. The Claremont Realty Trust must assume all costs associated with the conveyance, and the instrument of transfer must include a reversionary clause that would return the property to the Commonwealth's Department of State Police if the property ceases to be used for the authorized purposes.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Accompanied a new draft, see H4125 (on 09/23/2021)

bill text


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