Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Chapter 489 of the acts of 1996 is hereby amended by adding the following section:-
Section 4. Notwithstanding the provisions of any general or special law, rule, or regulation to the contrary, the commissioner of the division of capital planning and operations, in consultation with the president of Holyoke Community College, is hereby authorized to enter into a lease with the Greater Holyoke Young Men's Christian Association, on terms and conditions acceptable to said commissioner, to permit said association to utilize the facility described in section 2, for a term not to exceed a total of 50 years. During the term of the lease, said association shall pay as rent to said college an amount proportionate to the use of the facility by said association and the cost of maintaining, staffing, replacing, renovating, and operating said facility.
Said lease shall include provisions concerning the ongoing operation and maintenance of said facility and other areas, including an allocation of responsibility and costs between said association and said college. Said college is hereby authorized to receive and retain all rent and other revenues from the use or operation of said facility and other areas and to expend the same for said college's share of the cost to operate, maintain, repair, replace and renovate said facility.