Bill

Bill > H4838


MA H4838

Relative to the conveyance of a certain parcel of land in the city of Lowell.


summary

Introduced
07/27/2018
In Committee
Crossed Over
07/30/2018
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Relative to the conveyance of a certain parcel of land in the city of Lowell.

AI Summary

This bill authorizes the commissioner of capital asset management and maintenance, in consultation with the department of conservation and recreation, to convey two parcels of land in the city of Lowell to the city for general municipal purposes. The bill requires an independent appraisal of the fair market value and value in use of the parcels, and specifies that the consideration for the conveyance shall be either the full and fair market value or the value in proposed use, or the transfer of land, an interest in land, or funding to the department of conservation and recreation equal to or greater than the appraised value. The bill also requires the city of Lowell to assume all costs associated with the conveyance, and includes a reversionary clause that would transfer the property back to the commonwealth if it ceases to be used for the authorized purposes.

Sponsors (0)

No sponsors listed

Last Action

Enacted - 151 YEAS to 0 NAYS (See YEA and NAY in Supplement, No. 510) (on 07/31/2018)

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