Budget Amendment ID: FY2014-S3-182-R1
Redraft ENV 182
Non-development covenants
Mr. Rodrigues and Ms. O'Connor Ives moved that the proposed new text be amended by inserting after section 24 the following section:-
“SECTION 24A. Section 22 of chapter 20 of the General Laws, as appearing in the 2010 Official Edition, is hereby amended by adding the following paragraph:-
Non-development covenants for terms of limited duration shall be exempt from any regulations that require an appraisal, an environmental site assessment and a survey. The department may require other expedited requirements appropriate for the duration of the non-development covenant.”