AN ACT AUTHORIZING THE COMMISSIONER OF CAPITAL ASSET MANAGEMENT AND MAINTENANCE TO CONVEY CERTAIN LAND TO THE CITY OF WORCESTER.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. The commissioner of capital asset management and maintenance may, notwithstanding any general or special law to the contrary, but subject to section 40J of chapter 7 of the General Laws, convey to the city of Worcester those certain parcels of land known and numbered 225 Franklin street in the city of Worcester, together with all buildings and structures located on these parcels and all easements appurtenant to these parcels, as described and recorded in the Worcester county registry of deeds at Book 5209 and Page 51, for 1 or more of the following uses: intermodal transportation, housing, commercial, retail, parking, other uses to address needs in the Union Station area, and other uses related or appurtenant to any of these uses.
SECTION 2. The consideration for the parcels shall be the full and fair market value of the parcels for the use authorized by this act, determined by the commissioner of capital asset management and maintenance based upon an independent professional appraisal. The inspector general shall review and approve the appraisal, and the review shall include a review of the methodology used for the appraisal. The inspector general shall have 30 days after receipt of the appraisal and a report by the commissioner. The inspector general shall submit a report on this review and approval of the appraisal to the commissioner. At least 15 days before conveying the parcels, the commissioner shall submit a copy of said inspector general's report to the chairs of the house and senate committees on ways and means and the chairs of the joint committee on state administration. If the city agrees to assume the costs of environmental remediation and demolition of any structure currently located on the parcels, the commissioner may credit against the consideration to be paid by the city under this section the amount that the commissioner determines to be a reasonable estimate of the costs of the environmental remediation and demolition assumed by the city.
SECTION 3. The city of Worcester shall be responsible for all costs and expenses of the transaction authorized by this act as determined by the commissioner of capital asset management and maintenance, including but not limited to the costs of any survey, appraisal, and other expenses relating to the conveyance of the parcels, and shall be responsible for all costs, liabilities and expenses of any nature and kind for its ownership.
SECTION 4. The deed or other instrument conveying the parcels to the city of Worcester and any subsequent deed or deeds of all or a portion of the parcels shall, without limitation, provide that if the parcels cease to be used for the purposes set forth in this act, title to the parcels or to such portions of the parcels as may be used in violation of this act, shall, at the election of the commonwealth, revert to the commonwealth.
SECTION 5. This act shall take effect upon its passage.