AN ACT AUTHORIZING THE DIVISION OF CAPITAL ASSET MANAGEMENT AND MAINTENANCE TO CONVEY CERTAIN PARCEL OF LAND IN THE CITY OF LOWELL TO THE LOWELL HOUSING AUTHORITY
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to authorize the conveyance of certain parcel of land in the city of Lowell to the Lowell housing authority, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.
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. Chapter 131 of the acts of 1998 is hereby repealed.
SECTION 2. Notwithstanding sections 32 to 37 of chapter 7C of the General Laws or any other general or special law to the contrary, the commissioner of capital asset management and maintenance, in consultation with the department of conservation and recreation, may convey to the Lowell housing authority a certain parcel of land located at 719 Broadway street in the city of Lowell for the development of housing for homeless veterans. The parcel consists of approximately 13,161 square feet and is more particularly described in a deed recorded in the Middlesex northern district registry of deeds in book 2469, page 630 and is shown as parcel 1 on a plan of land entitled “Plan of Property Owned by Manzi Sales & Service, Inc., 3A, 3B, The Commonwealth of Massachusetts, Broadway Street, Lowell, Massachusetts”, dated November 27, 1979, prepared by Cullinan Engineering Co., Inc., and recorded in the Middlesex northern registry of deeds in plan book 133, plan 86. The parcel of land is currently under the care and control of the department of conservation and recreation and presently held for conservation and recreation purposes pursuant to section 3 of chapter 132A of the General Laws.
SECTION 3. An independent appraisal of the fair market value and value in use of the parcel described in section 1 shall be prepared in accordance with the usual and customary professional appraisal practices by a qualified appraiser commissioned by the commissioner of capital asset management and maintenance. The commissioner of capital asset management and maintenance shall submit the appraisal to the inspector general for review and comment. The inspector general shall review and approve the appraisal and the review shall include an examination of the methodology utilized for the appraisal. The inspector general shall prepare a report of such review and file the report with the commissioner of capital asset management and maintenance. After receiving the report, the commissioner shall submit copies of the report to the house and senate committees on ways and means and the joint committee on state administration and regulatory oversight at least 15 days prior to the execution of documents effecting the conveyance authorized in said section 1.
SECTION 4. As consideration for the conveyance authorized in section 1, the Lowell housing authority shall compensate the commonwealth by: (i) making a payment in an amount equal to the full and fair market value or the value in proposed use, whichever is greater, as determined by the commissioner of capital asset management and maintenance; (ii) transferring land or interest in land to the department of conservation and recreation of equal or greater acreage and resource value than the parcel described in section 1 to be held by the department of conservation and recreation for conservation and recreation purposes; or (iii) any combination of clauses (i) and (ii) as deemed acceptable to the department of conservation and recreation. Any payments made in accordance with clauses (i) and (ii) shall be deposited in the Conservation Trust established in section 1 of chapter 132A of the General Laws and expended by the department of conservation and recreation to acquire lands or interests in land to be permanently under the care and control of the department of conservation and recreation for conservation and recreation purposes. For the purposes of such appraisal, the full and fair market value of the parcel described in section 1 shall be calculated with regard to its full development potential as assembled with other abutting lands owned or controlled by the Lowell housing authority.
SECTION 5. Notwithstanding any general or special law to the contrary, the Lowell housing authority shall be responsible for all costs and expenses associated with any transaction authorized by this act including, but not limited to, the costs of any engineering, appraisals, surveys, title examinations, recording fees, deed preparation or legal costs or any other expenses incurred by the commonwealth in connection with the conveyance and shall be responsible for all costs, liabilities and expenses of any nature and kind for its ownership and use.
Approved, August 9, 2022.