SECTION 1.
(a) Notwithstanding sections 33 through 37, inclusive, of chapter 7C of the General Laws or any general or special law to the contrary, the commissioner of capital asset management and maintenance may convey a certain parcel of land known as and numbered 1135-1137 Washington Street, Newton, Massachusetts, to the City of Newton for nominal consideration to provide affordable housing units, all of which shall be permanently subject to necessary affordability restrictions. As used in this Act, “affordable housing” shall mean low- or moderate-income housing, i.e., housing available to households with annual incomes that do not exceed 80 percent of the area median income and at a cost that does not exceed 30 percent of their monthly gross income. The parcel contains approximately .76 acres. The parcel shall be conveyed by deed without warranties or representations by the commonwealth.
(b) The use of the parcel if conveyed pursuant to this section 1 shall be restricted to providing affordable housing and may include supportive services. Notwithstanding the foregoing or any general or special law to the contrary, the City of Newton may lease the parcel or portions thereof to other entities, for nominal consideration, and enter into agreements with other entities to develop, construct, operate and maintain improvements related to the affordable housing units.
(c) The City of Newton shall use its best efforts to complete the construction and development of the parcel for affordable housing.
(d) The deed or other instrument conveying the parcel to the City of Newton pursuant to this section 1 shall provide that the parcel shall be used solely for the purposes described in subsections
(a) and (b) of this section 1 and shall include a reversionary clause that stipulates that if the parcel ceases at any time to be used for the allowed purposes set forth in this section 1, title to the parcel shall, at the election of the commonwealth, revert to the commonwealth. Said reversionary clause shall contain provisions requiring that the City of Newton receive reasonable notice of and a reasonable time to cure any allegation that the parcel is not being used for the purposes set forth in this section.
SECTION 2.
(a) Alternatively, notwithstanding sections 32 to 37, inclusive, of chapter 7C of the General Laws or any other general or special law to the contrary, the commissioner of capital asset management and maintenance may convey that certain parcel of land known as and numbered 1135-1137 Washington Street, Newton, Massachusetts, to the City of Newton, provided, however, that the use of the parcel shall be restricted to general municipal purposes. The parcel shall be conveyed by deed without warranties or representations by the commonwealth. The consideration for the conveyance of the parcel pursuant to this section 2 shall be the fair market value of the parcel as determined by the commissioner of capital asset management and maintenance based upon an independent professional appraisal report, taking into consideration the restriction on the use of the parcel set forth in this section 2. The inspector general shall review and approve the appraisal. The inspector general shall prepare a report of such review of the methodology utilized for the appraisal and shall file the report with the commissioner, the house and senate committees on ways and means and the joint committee on state administration and regulatory oversight.
(b) The deed or other instrument conveying the parcel to the City of Newton pursuant to this section 2 shall provide that the parcel shall be used solely for the purposes described in subsection
(a) of this section 2 and shall include a reversionary clause that stipulates that if the parcel ceases at any time to be used for the allowed purposes set forth in this section title to the parcel shall, at the election of the commonwealth, revert to the commonwealth. Said reversionary clause shall contain provisions requiring that the City of Newton receive reasonable notice of and a reasonable time to cure any allegation that the parcel is not being used for the purposes set forth in section 2 of this act.
SECTION 3.
Notwithstanding any general or special law to the contrary, the City of Newton shall be responsible for all costs and expenses of any transaction authorized by section 1 or section 2 of this act as determined by the commissioner of capital asset management and maintenance including, but not limited to, the costs of any engineering, surveys, appraisals, title examinations, recording fees and deed preparation related to the conveyance of the parcel. The City of Newton shall acquire the property thereon in its present condition. Upon the recording of the deed conveying the parcel to the City of Newton, the City of Newton shall be responsible for all costs, liabilities and expenses for its ownership.
SECTION 4.
If the City of Newton does not complete a purchase of the property pursuant to section 1 or section 2 of this act on or before June 30, 2020, or such time after as agreed to by the City of Newton and the commissioner, then, notwithstanding sections 33 to 37, inclusive, of chapter 7C of the General Laws or any other general or special law to the contrary, the commissioner may sell, lease for terms up to 99 years, including all renewals and extensions, or otherwise grant, convey or transfer to purchasers or lessees an interest in the property or portions thereof, subject to this act and on such terms and conditions as the commissioner considers appropriate. The parcel shall be conveyed by deed without warranties or representations by the commonwealth. In making any such disposition, the commissioner shall use appropriate competitive bidding processes and procedures. Not less than 30 days before the date on which bids, proposals or other offers to purchase or lease the property or any portion thereof are due, the commissioner shall place a notice in the central register published by the state secretary pursuant to section 20A of chapter 9 of the General Laws stating the availability of the property, the nature of the competitive bidding process, including the time, place and manner for the submission of bids and proposals and the opening of the bids or proposals, and such other information as the commissioner considers relevant.
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