AN ACT DISSOLVING THE REDEVELOPMENT AUTHORITY IN THE TOWN OF ASHLAND.
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 Ashland Redevelopment Authority established by vote of the town meeting on June 23, 2003 is hereby dissolved.
SECTION 2. The town of Ashland shall assume all rights, obligations, contracts, title to property, assets, liabilities, including outstanding litigation, and responsibilities of the Ashland Redevelopment Authority hereinafter called the authority. All bonded indebtedness of the authority shall become the responsibility of the town of Ashland.
All petitions, hearings, actions at law or in equity or other proceedings pending immediately prior to the effective date of this act before any court of law or any administrative tribunal shall continue unabated as if no dissolution had been effected and shall be the responsibility of the town of Ashland.
All orders, rules and regulations duly promulgated by the authority prior to the effective date of this act shall remain in full force and effect until revised or rescinded in accordance with the law.
All contracts and obligations of the authority duly in effect immediately prior to the effective date of this act shall continue in full force and effect and shall be contracts and obligations of the town of Ashland.
All rights, title and interest in any real property held in the name of the authority shall be transferred to the town of Ashland.
SECTION 3. All books, papers, records, documents, plans and personal property of any kind in the custody or possession of the authority immediately prior to the effective date of this act shall be transferred to the custody and control of the town of Ashland; provided, however, that prior to any transfer of such real property, the real property owned by the Ashland Redevelopment Authority as recorded by deed in Book 44742, Page 580 in the Middlesex South registry of deeds and located at 125 Front street in the town of Ashland shall be permanently restricted for affordable housing and open space purposes pursuant to section 12 of chapter 44B of the General Laws; and provided, further that such restriction shall be recorded in a form consistent with the requirements of said section 12 of said chapter 44B in the Middlesex South registry of deeds.
SECTION 4. This act shall take effect upon its passage.
Approved, January 11, 2019.