14 | | - | Section 1. Section 23 of special act 01-6 is amended to read as follows |
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15 | | - | (Effective from passage): |
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16 | | - | (a) Notwithstanding any provision of the general statutes, the |
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17 | | - | Commissioner of Transportation shall convey to the town of Fairfield a |
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18 | | - | parcel of land located in the town of Fairfield, at a cost equal to the |
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19 | | - | administrative costs of making such conveyance. Said parcel of land has |
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20 | | - | an area of approximately [1.3 acres] .3 acre and is identified as 488 [-512] |
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21 | | - | Tunxis Hill Road. The conveyance shall be subject to the approval of the |
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22 | | - | State Properties Review Board. |
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23 | | - | (b) The town of Fairfield shall use, lease or sell said parcel of land for |
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24 | | - | a public works garage, economic development or housing purposes. If |
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25 | | - | the town of Fairfield [: |
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26 | | - | (1) Does not use said parcel for said purposes; |
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27 | | - | (2) Does not retain ownership of all of said parcel; or |
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28 | | - | (3) Leases all or any portion of said parcel] does not use, lease or sell Substitute Senate Bill No. 1111 |
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| 19 | + | Section 1. Section 23 of special act 01-6 is amended to read as follows 1 |
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| 20 | + | (Effective from passage): 2 |
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| 21 | + | (a) Notwithstanding any provision of the general statutes, the 3 |
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| 22 | + | Commissioner of Transportation shall convey to the town of Fairfield a 4 |
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| 23 | + | parcel of land located in the town of Fairfield, at a cost equal to the 5 |
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| 24 | + | administrative costs of making such conveyance. Said parcel of land has 6 |
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| 25 | + | an area of approximately 1.3 acres and is identified as 488-512 Tunxis 7 |
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| 26 | + | Road. The conveyance shall be subject to the approval of the State 8 |
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| 27 | + | Properties Review Board. 9 |
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| 28 | + | (b) The town of Fairfield shall use said parcel of land for [a public 10 |
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| 29 | + | works garage] economic development and housing purposes. If the 11 |
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| 30 | + | town of Fairfield [: 12 |
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| 31 | + | (1) Does not use said parcel for said purposes; 13 |
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| 32 | + | (2) Does not retain ownership of all of said parcel; or 14 |
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| 33 | + | (3) Leases all or any portion of said parcel] does not sell said parcel 15 |
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| 34 | + | for economic development or housing purposes within five years after 16 Substitute Bill No. 1111 |
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32 | | - | said parcel for any of said purposes within five years after the effective |
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33 | | - | date of this section, the parcel shall revert to the state of Connecticut. |
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34 | | - | Any sale of said parcel by the town of Fairfield shall be made at a cost |
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35 | | - | equal to the fair market value of said parcel, as determined by the |
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36 | | - | average of the appraisals of two independent appraisers selected by the |
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37 | | - | commissioner. Such appraisals shall be completed not later than six |
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38 | | - | months after the conveyance to the town under this section and shall be |
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39 | | - | updated thereafter as necessary. The net proceeds of such sale after |
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40 | | - | closing costs received by the town of Fairfield from a sale in accordance |
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41 | | - | with this subsection shall be transferred to the State Treasurer for |
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42 | | - | deposit in the Special Transportation Fund. |
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43 | | - | (c) The State Properties Review Board shall complete its review of the |
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44 | | - | conveyance of said parcel of land not later than thirty days after it |
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45 | | - | receives a proposed agreement from the Department of Transportation. |
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46 | | - | The land shall remain under the care and control of said department |
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47 | | - | until a conveyance is made in accordance with the provisions of this |
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48 | | - | section. The State Treasurer shall execute and deliver any deed or |
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49 | | - | instrument necessary for a conveyance under this section, which deed |
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50 | | - | or instrument shall include provisions to carry out the purposes of |
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51 | | - | subsection (b) of this section. The Commissioner of Transportation shall |
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52 | | - | have the sole responsibility for all other incidents of such conveyance. |
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| 37 | + | LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2021SB-01111- |
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| 38 | + | R01-SB.docx } |
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| 39 | + | 2 of 2 |
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| 40 | + | |
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| 41 | + | the effective date of this section, the parcel shall revert to the state of 17 |
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| 42 | + | Connecticut. If the town of Fairfield sells said parcel of land for economic 18 |
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| 43 | + | development or housing purposes, the town of Fairfield shall pay the 19 |
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| 44 | + | proceeds from the sale to the State Treasurer, who shall deposit said 20 |
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| 45 | + | proceeds in the Special Transportation Fund established in section 13b-68 21 |
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| 46 | + | of the general statutes. 22 |
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| 47 | + | (c) The State Properties Review Board shall complete its review of the 23 |
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| 48 | + | conveyance of said parcel of land not later than thirty days after it 24 |
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| 49 | + | receives a proposed agreement from the Department of Transportation. 25 |
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| 50 | + | The land shall remain under the care and control of said department 26 |
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| 51 | + | until a conveyance is made in accordance with the provisions of this 27 |
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| 52 | + | section. The State Treasurer shall execute and deliver any deed or 28 |
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| 53 | + | instrument necessary for a conveyance under this section, which deed 29 |
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| 54 | + | or instrument shall include provisions to carry out the purposes of 30 |
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| 55 | + | subsection (b) of this section. The Commissioner of Transportation shall 31 |
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| 56 | + | have the sole responsibility for all other incidents of such conveyance. 32 |
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| 57 | + | This act shall take effect as follows and shall amend the following |
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| 58 | + | sections: |
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| 59 | + | |
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| 60 | + | Section 1 from passage SA 01-6, Sec. 23 |
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| 61 | + | |
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| 62 | + | GAE Joint Favorable Subst. |
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