AN ACT AUTHORIZING THE TOWN OF MASHPEE TO CONVEY CERTAIN LAND.
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 town of Mashpee, acting by and through its board of selectmen, may convey, for nominal consideration, certain land located in the town to the Mashpee Affordable Housing Trust for the construction of affordable housing under the local incentive program. The land is shown on the 2001 Mashpee assessors' maps as Map 62, Blocks 28 and 29.
SECTION 2. No deed conveying, on behalf of the town of Mashpee, the land described in section 1 shall be valid unless the deed provides that the land shall be used for the purposes described in section 1. The deed shall include a reversionary clause that requires the land to revert to the town of Mashpee if the land ceases to be used for the express purpose for which it was conveyed.
SECTION 3. This act shall take effect upon its passage.