“SECTION 1.   The town of Nantucket, acting by and through its board of selectmen, may release from open space and use for any lawful general municipal purpose, or may sell, convey or transfer a portion of that certain parcel in the town of Nantucket located at 1 Miacomet road, shown as parcel 345 on assessor’s map 67.  The portion of said parcel 345 that may be released from open space and transferred by the town of Nantucket contains 20,806 square feet and is shown as “Lot A” on a plan entitled “Exhibit A Plan in Nantucket, Mass., Prepared for Town of Nantucket,” dated January 18, 2008, prepared by Blackwell & Associates, Inc. and on file in the Nantucket Planning Office.

SECTION 2.  In consideration for and as a condition of the release and transfer authorized in section 1, the town of Nantucket shall release 3 lots located within parcels 680 and 679 on said assessor’s map 67 at 5 and 7 Miacomet road, respectively, from general municipal use and designate them as open space.  The lots, totaling 25,961 square feet, are shown as “Lots B, C and D” on said plan prepared for the town by Blackwell & Associates, and shall be dedicated to open space or transferred to the Nantucket Islands Land Bank for conservation and open space purposes.

SECTION 3.  This act shall take effect upon its passage.