LCO \\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01123-R01- SB.docx 1 of 2 General Assembly Substitute Bill No. 1123 January Session, 2019 AN ACT CONCERNING TH E CONVEYANCE OF CERT AIN PARCELS OF STATE LAND IN THE TOWN OF CHESHIRE. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. (Effective from passage) (a) Notwithstanding any provision 1 of the general statutes, the Commissioner of Transportation shall 2 convey to the town of Cheshire three parcels of land located in the 3 town of Cheshire at a cost equal to the administrative costs of making 4 such conveyance. The first parcel of land has an area of approximately 5 3.59 acres and is identified as Lot 31 on town of Cheshire Tax 6 Assessor's Map 4. The second parcel of land has an area of 7 approximately 0.88 acre and is identified as Lot 32 on town of Cheshire 8 Tax Assessor's Map 4. The third parcel of land has an area of 9 approximately 43.6 acres and is identified as Lot 33 on town of 10 Cheshire Tax Assessor's Map 4. The conveyance of said parcels shall be 11 subject to the approval of the State Properties Review Board. 12 (b) The town of Cheshire shall sell said parcels of land for economic 13 development purposes. If the town does not sell said parcels for 14 economic development purposes within five years after the 15 conveyance, the parcels shall revert to the state of Connecticut. Any 16 sale of said parcels shall be made at a cost equal to the fair market 17 value of said parcels. Any funds received by the town of Cheshire from 18 a sale in accordance with this subsection shall be transferred to the 19 Substitute Bill No. 1123 LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01123- R01-SB.docx } 2 of 2 State Treasurer for deposit in the Special Transportation Fund. 20 (c) The State Properties Review Board shall complete its review of 21 the conveyance of said parcels of land not later than thirty days after it 22 receives a proposed agreement from the Department of 23 Transportation. The land shall remain under the care and control of 24 said department until a conveyance is made in accordance with the 25 provisions of this section. The State Treasurer shall execute and deliver 26 any deed or instrument necessary for a conveyance under this section, 27 which deed or instrument shall include provisions to carry out the 28 purposes of subsection (b) of this section. The Commissioner of 29 Transportation shall have the sole responsibility for all other incidents 30 of such conveyance. 31 This act shall take effect as follows and shall amend the following sections: Section 1 from passage New section GAE Joint Favorable Subst.