Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. The commissioner of capital asset management and maintenance may release a certain portion of an easement taken by the metropolitan district water supply commission dated June 13, 1927 for water supply in the town of Southborough and recorded in the Worcester county registry of deeds book 2443, page 41. The certain portion to be released is shown as "Area of Easement to be Excluded" on a plan entitled "Easement Plan of Land in Southborough, Massachusetts", dated October 15, 1999 and revised on October 21, 1999 by Connorstone, an N.E.I. Company. The plan shall be recorded in the Worcester county registry of deeds as provided in section 2.
SECTION 2. The consideration to be paid by the owner of the portion of land benefitting from the release of the easement shall be the full and fair market value of the portion determined by independent appraisal, for its use as water supply. The inspector general shall review and comment on the appraisal and the review shall include an examination of the methodology used for the appraisal. The inspector general shall prepare a report of his review and shall file the report with the commissioner of capital asset management and maintenance and with the house and senate committees on ways and means and the joint committee on state administration. The release of the certain portion of the easement and the recording of the plan of the certain portion to be released shall be subject to terms and conditions as the commissioner of capital asset management and maintenance shall determine.