Skip to Content


HOUSE DOCKET, NO. 3927        FILED ON: 10/29/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3743

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Jason M. Lewis

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
              Court assembled:

              The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act authorizing the town of Stoneham to create a special fund for railroad right of way proceeds.

_______________

PETITION OF:

 

Name:

District/Address:

Jason M. Lewis

Fifth Middlesex


HOUSE DOCKET, NO. 3927        FILED ON: 10/29/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3743

By Mr. Lewis of Winchester, a petition (accompanied by bill, House, No. 3743) of Jason M. Lewis (by vote of the town) that the town of Stoneham be authorized to create a special fund for railroad right of way proceeds.  Municipalities and Regional Government.  [Local Approval Received.]

 

The Commonwealth of Massachusetts

 

_______________

In the Year Two Thousand Thirteen

_______________

 

An Act authorizing the town of Stoneham to create a special fund for railroad right of way proceeds.

 

              Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

              Notwithstanding the provisions of Section 53 of Chapter 44 of the General Laws or any other general or special law to the contrary, the Town of Stoneham is authorized to create a special fund for the deposit of any proceeds to the Town of Stoneham from the leasing or licensing (including use and occupancy agreements) of the Railroad Right-of-Way land of the former Stoneham Branch line of the Massachusetts Bay Transportation Authority Lowell Line/Boston & Maine Railroad, running from Recreation Park to the Woburn Town line subsequent to July 1, 2013. Interests earned on this fund shall be treated as general fund revenue of the Town.  Any balance remaining at the end of a fiscal year shall carry over to the next fiscal year and thereafter if not then expended for the purposes set out herein.

              Proceeds from the special fund shall be used at the determination of the Town Administrator, in consultation with the Stoneham Bikeway/Greenway Committee or its successor, without further appropriation, for capital improvements to, or maintenance or repair of, the multi-use trail and/or linear park to be constructed on said Railroad Right-of-way property.  Expenditures shall not be made or liabilities incurred from any such revolving fund in excess of the balance of the fund. 

              Further to authorize the Board of Selectmen and/or Town Administrator to take any action needed with respect to this petition being submitted to or passed by the General Court.

              This Act shall take effect upon its passage.

of

The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

Error