Bill > H4878

This bill authorizes the Town of Raynham to lease a specific piece of municipal property located at 305 South Street East (identified as Parcel 17-128-0 on the local assessors' map) for a lease term of up to 99 years. The bill, which would be enacted by the Massachusetts State Legislature, gives the Town's Board of Selectmen the specific legal authority to enter into a long-term lease agreement for this property, extending beyond typical municipal leasing constraints. The legislation is relatively straightforward, providing a targeted exemption that would allow the town to lease this particular property for an extended period, which could potentially facilitate economic development, generate municipal revenue, or serve another specific municipal objective. The bill would take effect immediately upon its passage, meaning the town could proceed with leasing the property once the bill becomes law.

Government Affairs

https://malegislature.gov/Bills/194/H4878