SECTION 1.Upon conveyance to the Town of Wellesley of all or a portion of the Cochituate Aqueduct identified in Section 1 of Chapter 267 of the Acts of 2002, said Town is hereby authorized to convey the following described lot within said Aqueduct, containing 11,000± sq. ft. of said Aqueduct, to BIKE REALTY LLC, owner of abutting land, for parking purposes, provided said Town votes to transfer jurisdiction to the Natural Resources Commission of said Town, established pursuant to the authority set forth in Section 4 of c. 555 of the Acts of 1978, the following described land containing 30,667± square feet currently held by the Town under the jurisdiction of the Board of Selectmen, said land be held forever as parkland pursuant to the Article 97 Land Disposition Policy of the Executive Office of Energy and Environmental Affairs.
The 11,000± sq. ft. parcel to be conveyed to BIKE REALTY LLC by the Town is shown on a Plan entitled “0 Overbrook Drive – Site Plan of Land in Wellesley, Mass Prepared for the Comm. of Massachusetts” by David E. Ross Associates, Inc., dated May 2013, said parcel shall be exempt from the provisions regarding reversion set forth in Section 4 of said c. 267.
The 30,667± sq. ft. parcel to be transferred to the jurisdiction of the Natural Resources Commission of said Town and held as parkland is shown as Parcels A (10,852 sq. ft.) and C (7,163 sq. ft.) and Lot 2 (12,652 sq. ft.) as shown on a plan entitled “Subdivision Plan of Land, 17 Seaver Street, Wellesley, MA and Parcels to be conveyed to the Town of Wellesley” by David J. Hickey, Jr., P.E., Town Engineer, Town of Wellesley, Department of Public Works, April 19, 2012, and recorded with the Norfolk County Registry of Deeds in Plan Book 616, Page 29.”
SECTION 2.As shown on the plan referred to in said c. 267, the conveyance to the Town of the portion of the Aqueduct described in Section 1 of said Chapter 267 of the Acts of 2002 shall be exclusive of the portion of said Aqueduct which is within the limits of Worcester Turnpike, United States Highway Route 9, title to which shall remain with the Commonwealth.
SECTION 3.The exact boundaries of all parcels of land herein described shall be established by the Commissioner of Capital Asset Management and Maintenance. The independent appraisal required in Section 2 of said Chapter 267 of the Acts of 2002 shall determine the fair market value of the entire Aqueduct portion authorized to be conveyed to the Town, and the consideration of the foregoing shall be the full and fair market value thereof based upon one or more professional appraisals commissioned by the Division of Capital Asset Management and Maintenance.
SECTION 4.Except as hereinabove set forth, the provisions of Chapter 267 of the Acts of 2002 shall remain in full force and effect, to which the foregoing authority is in supplement.
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