SECTION 1. Pursuant to Article 97 of the Amendments to the Constitution of the Commonwealth of Massachusetts and notwithstanding the provisions of any general or special law to the contrary, the Town of Nantucket may transfer, sell, convey or otherwise dispose of all or a portion of a certain parcel of land situated in the Town of Nantucket and held by the select board for park purposes subject to Article 97 to the Nantucket Conservation Foundation, Inc. for open space, recreational, and conservation purposes, to be on any terms and conditions the Select Board deem appropriate, which may include the reservation of any easements and restrictions in regard to the property, described as: Tax Assessor’s Map 45, Parcel 9, 50 Altar Rock Road, and as shown on a map entitled “2022 Annual Town Meeting Warrant Article 93 Conveyance of Altar Rock” dated January 2022 and filed with the Office of the Town Clerk.

SECTION 2. No instrument conveying, by or on behalf of the Commonwealth, any interest in the parcel of land described in Section 1 shall be valid unless such instrument: (i) provides that the land shall be used solely for open space, recreational, and conservation purposes; (ii) if the instrument conveys a fee interest in the parcel of land, includes a clause that shall require the grantee to convey a conservation restriction over the land in perpetuity as defined in and subject to sections 31, 32 and 33 of chapter 184; and (iii) includes a clause that shall state that if the land ceases to be used by the grantee, or its successors or assigns, solely for open space, recreational, and conservation purposes at any time that said parcel of land shall revert to the town of Nantucket, which shall dedicate it for park purposes subject to article 97.

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