Senate Bill No. 1110 Public Act No. 21-146 AN ACT AMENDING THE CONVEYANCE OF PARCELS OF STATE LAND TO THE NEW HAVEN PORT AUTHORITY. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. Section 6 of public act 18-154 is repealed and the following is substituted in lieu thereof (Effective from passage): (a) Notwithstanding any provision of the general statutes, the Commissioner of Transportation shall convey to the New Haven Port Authority two parcels of land located in the city of New Haven, at a cost equal to the fair market value of the properties, as determined by the average of the appraisals of two independent appraisers selected by the commissioner, plus the administrative costs of making such conveyance, and minus the costs for investigating and remediating environmental contamination identified on said parcels. The first parcel of land has an area of approximately .55 acre and is identified as 135 Fulton Terrace, at Lot 1200 in Block 955 on city of New Haven Assessor's Map 69. The second parcel of land has an area of approximately .14 acre and is identified as 54 Edgemere Road, at Lot 1100 in Block 955 on city of New Haven Assessor's Map 69. Both parcels are further identified as the parcels of land described in Department of Transportation File Number 92-932-37A. The conveyance shall be subject to the approval of the State Properties Review Board. Senate Bill No. 1110 Public Act No. 21-146 2 of 2 (b) The New Haven Port Authority shall use said parcels of land for economic development purposes. If the New Haven Port Authority: (1) Does not use either of said parcels for said purposes; (2) Does not retain ownership of all of said parcels; or (3) Leases all or any portion of said parcels, except for a lease for economic development purposes, the parcels shall revert to the state of Connecticut. [(b)] (c) The State Properties Review Board shall complete its review of the conveyance of said parcels of land not later than thirty days after it receives a proposed agreement from the Department of Transportation. The land shall remain under the care and control of said department until a conveyance is made in accordance with the provisions of this section. The State Treasurer shall execute and deliver any deed or instrument necessary for a conveyance under this section, which deed or instrument shall include provisions to carry out the purposes of subsection (b) of this section. The Commissioner of Transportation shall have the sole responsibility for all other incidents of such conveyance.