Bill

Bill > H4814


MA H4814

Authorizing the sale of real property in Chelmsford


summary

Introduced
07/25/2018
In Committee
Crossed Over
07/30/2018
Passed
Dead
Signed/Enacted/Adopted
08/09/2018

Introduced Session

190th General Court

Bill Summary

Authorizing the sale of real property in Chelmsford

AI Summary

This bill authorizes the commissioner of capital asset management and maintenance, in consultation with the chancellor of the University of Massachusetts at Lowell, to sell, lease, or otherwise transfer the West campus property located in Chelmsford, Massachusetts. The commissioner must use competitive bidding processes and procedures, and the purchaser, lessee, or transferee will be responsible for all related costs. The bill also establishes an expendable trust to deposit the cash proceeds from the sale or transfer, which can be used for transaction-related expenses and capital repairs and improvements to the university's facilities.

Sponsors (0)

No sponsors listed

Last Action

Signed by the Governor, Chapter 192 of the Acts of 2018 (on 08/09/2018)

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