FILED ON: 10/20/2022

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 5360

The Commonwealth of Massachusetts

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In the One Hundred and Ninety-Second General Court
(2021-2022)

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By striking out all after the enacting clause and inserting in place thereof the following:-

SECTION 1. (a) Notwithstanding any general or special law to the contrary, but subject to paragraphs (a), (b) and (g) of section 16 of chapter 30B of the General Laws, the Fall River housing authority may convey a certain parcel of land, with a building thereon, located at 229 Highland avenue in the city of Fall River, shown as parcel M-23-0005 on the city's assessors' map and being the same parcel recorded in the Fall River district of the Bristol county registry of deeds in book 1596, page 230, to Southcoast Hospitals Group, Inc.; provided, however, that the parcel upon conveyance shall be restricted to hospital-related uses.

(b) As consideration for the conveyance, Southcoast Hospitals Group, Inc. shall: (i) convey a replacement property of equal or greater value located in the city of Fall River to the Fall River housing authority or its designee, provided, however, that any such conveyance shall be approved by the department of housing and community development and the Fall River housing authority; provided further, that, notwithstanding any general or special law to the contrary, but subject to paragraphs (a), (b) and (g) of section 16 of chapter 30B of the General Laws, any replacement property conveyed pursuant to this clause shall be conveyed to the Fall River housing authority and shall be suitable for inclusion in the housing program established under chapter 689 of the acts of 1974 at a comparable level of service as previously provided at 229 Highland avenue, as determined by the department of housing and community development; or (ii) pay to the Fall River housing authority an amount equal to the fair market value of 229 Highland avenue as established by the appraisal required under section 2; provided, however, that the net proceeds paid by Southcoast Hospitals Group, Inc. to the Fall River housing authority pursuant to this clause shall be used solely to acquire a replacement property for use in the housing program under said chapter 689.

SECTION 2. Prior to the conveyances authorized in section 1, an independent appraisal to determine the fair market value of the parcel identified in subsection (a) of section 1 and any replacement property under subsection (b) of said section 1, shall be prepared in accordance with the usual and customary professional appraisal practices by a qualified appraiser commissioned by the Fall River housing authority.

SECTION 3. Southcoast Hospitals Group, Inc. shall be responsible for all costs and expenses incurred by the Fall River housing authority related to the conveyances authorized in section 1, including, but not limited to, costs of any appraisals, recording fees and deed preparation.

SECTION 4. This act shall take effect upon its passage.