Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
SECTION 1. Notwithstanding the provisions of chapter thirty B of the General Laws or any other general or special law pertaining to bidding to the contrary and without seeking any further bids or proposals, the town of Plymouth is hereby authorized to execute and deliver in the name of and on behalf of said town one or more instruments to lease or extend existing leases and options to purchase certain parcels of land located at the Plymouth Town Wharf in said town of Plymouth to the current tenants thereof, their successors and assigns who have made or will make improvements to any of said parcels of land, such as erecting buildings or improving existing structures. Any such leases shall be for periods not to exceed twenty years and may be extended for consecutive ten year terms; provided, however, that any such extension shall be subject to the approval of the board of selectmen. The amount charged to such tenants by said town for the rental or purchase options shall be based upon the fair market value of such town owned land, without regard to the value of the buildings and other improvements thereon made by such tenants.
SECTION 2. This act shall take effect upon its passage.