Bill
Bill > H4900
MA H4900
Authorizing the Division of Capital Asset Management and Maintenance to convey certain land in the city of Lowell to the Lowell Housing Authority
summary
Introduced
06/21/2022
06/21/2022
In Committee
07/28/2022
07/28/2022
Crossed Over
07/28/2022
07/28/2022
Passed
Dead
Signed/Enacted/Adopted
08/09/2022
08/09/2022
Introduced Session
192nd General Court
Bill Summary
Authorizing the Division of Capital Asset Management and Maintenance to convey certain land in the city of Lowell to the Lowell Housing Authority
AI Summary
This bill authorizes the Division of Capital Asset Management and Maintenance to convey a 13,161 square foot parcel of land located at 719 Broadway Street in Lowell, Massachusetts to the Lowell Housing Authority, to be developed into housing for homeless veterans. The bill requires an independent appraisal of the fair market value and value in use of the parcel, and the Lowell Housing Authority must compensate the Commonwealth by either making a payment equal to the greater of the fair market value or value in proposed use, transferring land or interest in land of equal or greater value to the Department of Conservation and Recreation, or a combination of both. The Lowell Housing Authority is responsible for all costs and expenses associated with the transaction.
Sponsors (1)
Other Sponsors (1)
House Committee on Ways and Means (H)
Last Action
Signed by the Governor, Chapter 160 of the Acts of 2022 (on 08/09/2022)
Official Document
bill text
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H4900 |
| Bill | https://malegislature.gov/Bills/192/H4900.pdf |
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