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 chapter 30B of the General Laws or any other general or special law to the contrary, the city of Beverly, by its mayor, may convey, to Richard J. Maestranzi and Leo J. Maestranzi, by deed approved as to form by its city solicitor, a certain parcel of land situated off of Brimbal avenue in the city of Beverly, being shown as “Parcel V” on the plan entitled “Survey and Division of Land in Beverly, MA” dated July 21, 2000, prepared by Louis Federici & Associates and recorded with the Essex south district registry of deeds in plan book 356, plan 11. Parcel V contains approximately 6.62 acres of land, more or less, according to said plan.
The consideration for the conveyance, transfer and exchange shall be as provided for in the settlement agreement related to litigation filed in the Essex Superior Court Docket Number ESCV2002-01580 entitled Richard J. Maestranzi and Leo J. Maestranzi vs. City of Beverly, as the same may be amended from time to time.
SECTION 2. This act shall take effect upon its passage.
Approved August 4, 2010