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 Assabet Valley Regional Vocational Technical school district may contract for the construction, financing, operation and maintenance of an athletic facility to be located on the property of the Assabet Valley Regional Vocational Technical school district. In connection with the development of any such facility, the district may, with the approval of the regional district school committee, enter into a lease of district land with a nonprofit, charitable corporation, which shall oversee and have sole responsibility for the construction, financing, operation and maintenance of the facility. The lease shall be for a period not to exceed 25 years, upon such terms and conditions as the district shall deem advantageous. At no time during the period shall the Assabet Valley Regional Vocational Technical school district or the commonwealth be responsible for any of the costs associated with the construction, financing, operation and maintenance of the facility. The terms of the lease shall specify the lessee's responsibilities for maintenance of the facility including, but not limited to, routine and nonroutine maintenance. The lease shall comply with sections 38A½ to 38O, inclusive, of chapter 7, section 39M of chapter 30, chapter 30B, sections 26 to 27F, inclusive, and sections 44A to 44M, inclusive, of chapter 149 of the General Laws. If the district land that is the subject of the lease ceases to be used at any time for the purposes of an athletic facility, then the lease shall terminate and property shall revert to the Assabet Valley Regional Vocational Technical school district.

SECTION 2. This act shall take effect upon its passage.