An Act Authorizing The Conveyance Of Certain Parcels Of Land In The City Of Revere
Section 1. The City of Revere, acting by and through its Mayor and City Council, in concurrence with the approval granted by the Conservation Commission of the City of Revere, may convey a 1,346 square foot portion of Lot 202 Ossen Street (Parcel A), a 588 square foot portion of lot 38 Stephen Street (Parcel B), a 1,812 square foot portion of lots 38, 39 and 40 Stephen Street, (Parcel C), and a 1,820 square foot portion of lot 17 Stephen Street (Parcel D), consisting of a total of 5, 566 square feet of City of Revere land purchased for conservation purposes as shown on a Plan of Land in the City of Revere prepared by Dewsnap Engineering Associates, Inc. Saugus, Massachusetts dated March 27, 2008 on file in the office of the City Clerk of the City of Revere.
Section2. The City of Revere may convey to the successful proposer the aforementioned parcels of land consisting of 5,566 square feet of land to be used for residential purposes.
Section3. The consideration for the aforementioned parcels, described in Section 1, shall be the fair market value of the parcels or the fair market value of the proposed use, whichever is greater, to be determined by one or more independent appraisals. The consideration acceptable to the City shall be monetary or the exchange of land of similar value owned by the successful proposer as determined by the appraisal and subject to the approval of the Mayor and City Council. This conveyance shall be made in accordance with the provisions of Chapter 30B of the General Laws.
Section 4. The grantee shall assume all of the costs of all appraisals, surveys and other expenses related to the conveyance.
Section 5. The City Solicitor and/or the Assistant City Solicitor of the City of Revere shall prepare the necessary documents to convey the aforementioned parcels to the successful proposer, subject to the approval of the Mayor and City Council of the City of Revere.
Section 6. This act shall take effect upon its passage.
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