SECTION 1. (a) 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 certain parcels of land, one located at the Northeast corner of the former Lancaster Industrial School for Girls, 220 Old Common Road, Lancaster and another parcel known as the Bolton Dam, located near the Lancaster town line, both in the town of Bolton, to the town of Bolton.   The parcels are shown on plans on file with the division of capital asset management and maintenance.  The exact location and boundaries of the parcels to be conveyed shall be determined by the commissioner after completion of a survey.

(b) Notwithstanding chapters 30B and 40 of the General Laws or any other general or special law to the contrary, the town of Bolton, acting by and through its Select Board, may enter into purchase and sale agreement, lease, or other agreement to acquire the parcels or acquire rights to the parcels.

(c) The uses of the parcels shall be restricted to general municipal purposes.  The deed or other instrument conveying the parcel to the town of Bolton pursuant to this section shall state that said parcel shall be used solely for the purposes described in this subsection and shall include a reversionary clause that stipulates that if the parcels cease at any time to be used for the allowed uses title to the parcel shall, at the election of the commonwealth, revert to the commonwealth. Said reversionary clause shall contain provisions requiring that the town of Bolton receive reasonable notice of and a reasonable time to cure any allegation that the parcel(s) is not being used for the purposes set forth in this section.

(d) The consideration for the conveyance of the parcel pursuant to this section shall be the fair market value of the parcels as determined by the commissioner of capital asset management and maintenance based upon an independent professional appraisal, taking into consideration the restriction on the use of the parcel set forth in this section. 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 of capital asset management and maintenance, the house and senate committees on ways and means and the joint committee on state administration and regulatory oversight.

SECTION 2. (a) If the town of Bolton does not complete the purchase of the parcels pursuant to section 1 on or before December 31, 2024, or such date thereafter as agreed to by the town of Bolton and the commissioner of capital asset management and maintenance, 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 of capital asset management and maintenance may sell, lease for a term up to 99 years, including all renewals and extensions, or otherwise grant, convey or transfer to purchasers or lessees an interest in the parcels described in section 1(a) or portions thereof, subject to the provisions of this section  and on such other terms and conditions as the commissioner of capital asset management and maintenance considers appropriate.

(b) The commissioner shall use appropriate competitive bidding processes and procedures when making any disposition under this section.   Not less than 30 days before the date on which bids, proposals or other offers to purchase the parcels, 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: (i) the availability of the parcels; (ii) the nature of the competitive bidding process; (iii) the time, place and manner for the submission of bids and proposals and the opening of the bids or proposals; and (iv) other information that the commissioner deems relevant. The commissioner shall also place notification in the central register of the individual or firm selected as party to any real property transaction involving the property and the amount of the transaction.

SECTION 3.   Any purchase and sale agreement, lease or other document relating to the sale, lease, transfer or other disposition of the parcels, or any portions thereof, pursuant to section 1 or 2 shall provide that the commonwealth  shall have no liability to any purchaser, lessee, transferee or successor to any purchaser, lessee or transferee of all or part of the parcels for any claims arising out of or related in any way to the conditions, known or unknown, of the parcels or otherwise in connection with any sale, lease, transfer or other disposition thereof.

SECTION 4.   Any deed of conveyance from the commissioner pursuant to section 1 or 2 of this act may retain or grant rights of way or easements for access, egress, utilities and drainage across any other portions of the parcels and the commonwealth may accept from a purchaser such rights of way or easements in roadways or across any portions of the parcels to be conveyed or transferred for access, egress, drainage and utilities as the commissioner considers necessary and appropriate to carry out this act.

SECTION 5.   The purchaser of the parcels, or any portions thereof, pursuant to section 2 of this act shall be responsible for all costs and expenses related to the purchase, lease or transfer of such parcel or parcels, including, but not limited to, costs associated with surveys, deed preparation and recording fees as such costs may be determined by the commissioner.

SECTION 6.   The cash proceeds of the sale of the parcels, or any portion thereof, pursuant to this act shall be deposited into the General Fund.