SECTION 1. The design, development, construction and operation of a senior low-income and affordable housing project located at 144 Greenmont Avenue in the Town of Dracut or any part thereof, (which activities shall include planning, design, construction management, construction, reconstruction, installation, demolition, maintenance, repair, management and operation of such project), by Common Ground Development Corporation, its affiliates, successors and/or assigns, shall not be subject to any general or special law related to the procurement and award of contracts under chapters 7, 7C, 30B and 149 of the General Laws. Notwithstanding the forgoing, any new construction performed on the site relating to the project described above shall be subject to prevailing wage requirements set forth in Section 26 to 27H, inclusive of chapter 149 of the General Laws. The development of the project described above may be conducted through one or more phases and through one or more entities.
SECTION 2. The Town of Dracut may lease the project described above to Common Ground Development Corporation, its affiliates, successors and/or assigns through one or more leases for term(s) in excess of twenty-five years.
SECTION 3. This act shall take effect upon its passage.
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