Section 1. For the purposes of promoting economic development within the Town of Hull and the more effective use of Town property, and subject to the provisions of subsections (a), (b), and (g) of section 16 of chapter 30B of the General Laws, the Select Board, notwithstanding the provisions of any general or special law to the contrary, is granted the authority to lease or extend leases or renew leases to current lessees or others or their successors and assigns, of Town property, located at 50 George Washington Boulevard, Assessor’s Parcel 37-006-A presently Bayside Marketing, Inc. (Jake’s); 48 George Washington Boulevard, Assessor’s Parcel 37-007 presently Steamboat Wharf Marina, Inc. (Nantasket Pier) and 245 Nantasket Avenue, Assessor’s Parcel 34-098-B presently Beach Food, Inc. (Mezzo Mare), their successors and assigns, up to the maximum allowed by law, and may thereafter be extended for consecutive terms up to the maximum allowed by law, who have made or will make improvements to any of said parcels of land or property, such as erecting buildings or improving existing structures, all subject to such terms and conditions that the Select Board shall deem in the best interests of the Town.

Section 2. This act shall take effect upon its passage.