SECTION 1.  Notwithstanding sections 32 to 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, in consultation with the military division, may convey a portion of the parcel of land located at 406 Concord avenue in the city of Cambridge currently used for military purposes to the city of Cambridge to be used for school and other municipal purposes and for all purposes and uses accessory thereto. The parcel is a portion of the land described in deeds recorded in the Middlesex South registry of deeds in book 9038, page 388 and book 9733, page 1. The parcel is approximately 30,752 square feet and is shown as “Parcel ‘B’” on a plan entitled, “Approval Not Required Plan for 450 Concord Avenue Cambridge Massachusetts,” dated April 2, 2021, which plan is on file with the division of capital asset management and maintenance. The commissioner of capital asset management and maintenance may determine the exact boundaries of the parcel prior to conveyance. The parcels shall be conveyed by deed without warranties or representations by the commonwealth.

SECTION 2. The deed or other instrument conveying the parcel to the city of Cambridge shall provide that the parcel shall be used solely for school  and other municipal purposes and for all purposes and uses accessory thereto and shall include a reversionary clause that stipulates that if the parcel ceases at any time to be used for the allowed purpose set forth in this act, title to the parcel shall, at the election of the commonwealth, revert to the commonwealth. The reversionary clause shall be enforceable notwithstanding the time limit set forth in section 7 of chapter 184A of the General Laws.

SECTION 3. The consideration for the conveyance of the parcel pursuant to section 1 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 for the use of the parcel as restricted pursuant to section 2. The appraisal shall be prepared in accordance with the usual and customary professional appraisal practices by a qualified appraiser. The commissioner shall submit any appraisals to the inspector general for review and comment. The inspector general shall review and approve any such appraisals; provided, however, that the review shall include an examination of the methodology utilized for the appraisals. The inspector general shall prepare a report of the review and file the report with the commissioner of capital asset management and maintenance. The commissioner shall submit copies of the appraisals and the inspector general’s review and approval and comments, if any, to the senate and house committees on ways and means and the joint committee on state administration and regulatory oversight not less than 15 days before the execution of any documents effecting the transfers authorized in this act. 

SECTION 4. Pursuant to section 113 of chapter 33 of the General Laws, any monetary payments made to the commonwealth as a result of the conveyance authorized by this act shall be deposited in the real property expendable trust established by the secretary of public safety and security for the military division pursuant to section 6 of chapter 6A of the General Laws and 801 CMR 50.00 et seq.

SECTION 5.  Notwithstanding any general or special law to the contrary, the city of Cambridge shall be responsible for all costs and expenses of any transaction authorized by 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 authorized in section 1. Upon the recording of the deed conveying the parcels to the city of Cambridge, the city shall record a plan showing the boundaries of the parcel and deliver a copy of the plan to the division of capital asset management and maintenance and the division shall keep the plan on file.