Bill
Bill > H4252
MA H4252
MA H4252Authorizing the Commonwealth of Massachusetts to convey a certain parcel of land to the Claremont Realty Trust in the city of Framingham
summary
Introduced
11/15/2021
11/15/2021
In Committee
Crossed Over
01/10/2022
01/10/2022
Passed
01/13/2022
01/13/2022
Dead
Signed/Enacted/Adopted
01/20/2022
01/20/2022
Introduced Session
192nd General Court
Bill Summary
Authorizing the Commonwealth of Massachusetts to convey a certain parcel of land to the Claremont Realty Trust in the city of Framingham
AI Summary
This bill authorizes the Commonwealth of Massachusetts to convey a certain parcel of land (approximately 0.17 acres) to the Claremont Realty Trust in the city of Framingham for vehicle storage purposes. The conveyance is subject to an independent appraisal to determine the fair market value or value in proposed use, whichever is greater, which must be reviewed and approved by the Inspector General. The consideration for the conveyance can be either the appraised value or the transfer of an interest in land or funding equal to or greater than the appraised value. The Claremont Realty Trust is responsible for all costs associated with the transaction. The bill also includes a reversionary clause that stipulates the property will revert to the Commonwealth if it ceases to be used for the express purposes authorized in the act.
Sponsors (2)
Other Sponsors (2)
House Committee on Ways and Means (H), Joint Committee on State Administration and Regulatory Oversight (J)
Last Action
Signed by the Governor, Chapter 5 of the Acts of 2022 (on 01/20/2022)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H4252 |
| Bill | https://malegislature.gov/Bills/192/H4252.pdf |
Loading...