AN ACT AUTHORIZING THE CITY OF METHUEN TO LEASE A PORTION OF A CERTAIN BUILDING TO THE METHUEN MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION.
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. Notwithstanding section 3 of chapter 40 or section 16 of chapter 30B of the General Laws or any other general or special law or rule, regulation or ordinance to the contrary, the city of Methuen, acting by and through the mayor and subject to the approval of the city council, may lease for not more than 50 years, on such terms as the mayor may determine, a portion of the Quinn Building located in the city, to the Methuen Municipal Employees Federal Credit Union.
SECTION 2. This act shall take effect upon its passage.