Amendment #86 to H4018

Conveyance of Land in Sharon

Mr. Kafka of Stoughton moves to amend the bill by adding at the end the following sections:

"SECTION XXXX. Chapter 82 of the Acts of 2014 is hereby amended, in Section 2, by striking out, in line 6, after the word "appropriate.", the following words: "The commissioner of capital asset management and maintenance shall also receive additional consideration established to be the difference between the full and fair market value of the parcels of land described in section 1 to be conveyed and the full and fair market value of the parcel described herein to be received. Under no circumstances shall the commonwealth be obligated to pay any additional consideration to the grantees Edward A. Welch and Nancy J. Welch.  The full and fair market value of both properties shall be determined by the commissioner of capital asset management and maintenance on the basis of independent appraisals commissioned by the commissioner.

The inspector general shall review and approve said appraisals, including the methodology utilized in conducting the appraisals. The commissioner of capital asset management and maintenance shall, 30 days prior to the conveyance authorized by this act, submit the appraisals and a report thereon to the inspector general. The inspector general shall prepare a report of his review and approval of the appraisal and file the report with the commissioner of capital asset management and maintenance, and copies of the same shall be filed with the house and senate committees on ways and means and the chairmen of the joint committee on state administration and regulatory oversight at least 15 days prior to the execution."

SECTION XXXX. Chapter 82 of the Acts of 2014 is hereby amended by striking out Section 3 and inserting in place thereof the following section: "Section 3. A signed TR1 form shall not be required to complete the conveyance of land authorized by this act."