AN ACT AUTHORIZING THE DIVISION OF CAPITAL ASSET MANAGEMENT AND MAINTENANCE TO CONVEY A CERTAIN PARCEL OF LAND LOCATED IN THE CITY OF BOSTON.
Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
The commissioner of the division of capital asset
maintenance, acting in consultation with the commissioner of the metropolitan
district commission may, subject to the provisions of sections 40E to
inclusive, of chapter 7 of the General Laws, convey and sell by deed a certain
parcel of state-owned land acquired for park and recreation purposes and
located on the corner of the intersection of
Mugar Way and Beaver Place in the city of Boston as described in a deed
recorded with the Suffolk county registry of deeds in Book 3915, Page 525 to
an individual or
for residential or recreational purposes. The exact boundaries of the property
determined by the commissioner, based on a survey.
The parcel shall be conveyed to the highest bidder for
that is equal to or greater than the full and fair market value of the parcel
determined by an independent appraisal. The inspector general shall review and
approve the appraisal, and the review shall include an examination of the
methodology utilized for the appraisal. The inspector general shall prepare a
report of his review and file the report with the commissioner of the division
capital asset management and maintenance for submission to the house and senate
committees on ways and means and the joint committee on state administration.
The recipient of the property shall assume all costs of
appraisals, surveys, title examinations, deed preparation and other expenses
deemed necessary by the commissioner. The recipient of the property shall
acquire it in its existing condition without warranty by the commonwealth.
If the parcel of land conveyed by this act is not used for
residential or recreational purposes, all interests in the parcel shall revert