AN ACT RELATIVE TO THE LEASING OF CERTAIN PROPERTY BY THE TOWN OF WARWICK.
Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
The town of Warwick is hereby authorized to lease a
portion of the real property identified as Warwick Assessors' Map 405,
Parcel 38, to the Pioneer Valley Regional School District as the site for a
new elementary school. Such lease shall be for a term not exceeding 50 years
and shall be authorized, executed and delivered on behalf of said town by its
board of selectmen and on behalf of said school district by its regional
district school committee.
The consideration for such lease shall be determined by said board of
selectmen. Such lease may provide that it shall terminate, and the leased
property shall revert to the town of Warwick, if said town should no longer be
a member of the Pioneer Valley Regional School District or if the regional
district school committee should determine that the land, with the buildings
and other improvements thereon, is no longer needed for the educational program
of said school district.
This act shall take effect upon its passage.