Bill > H4641

This bill authorizes the Massachusetts Department of Transportation (MassDOT) to convey a certain parcel of land in the town of Stoneham to Wakefield Investments, Inc. for the purpose of reconstructing an off-ramp from Interstate Route 93 northbound to Montvale Avenue and Maple Street. The parcel, which is approximately 12,500 square feet, is currently owned by MassDOT and was taken for highway purposes in 1958. The consideration for the conveyance shall be the full and fair market value of the parcel, as determined by the Secretary of MassDOT and agreed upon by Wakefield Investments, Inc. Wakefield Investments, Inc. will be responsible for all costs and expenses related to the transaction, including engineering, surveys, appraisals, and deed preparation.