Authorizing the Division of Capital Asset Management and Maintenance to dispose of certain parcels of land in the town of Bolton
The bill aims to provide a clear framework for the transfer of these designated parcels to the town of Bolton. It emphasizes that the property use is limited to municipal purposes, indicating a focused intent to promote community projects and services. Furthermore, a reversionary clause is included, which stipulates that if the land ceases to serve its intended purpose, ownership may revert back to the commonwealth, thereby safeguarding public interest and maintaining regulatory oversight.
House Bill 4183 authorizes the Division of Capital Asset Management and Maintenance to convey specific parcels of land located in the town of Bolton for general municipal purposes. This legislation effectively allows the town to acquire properties that may serve various community needs, thereby facilitating local development. The bill specifies the locations of the parcels, including land near the former Lancaster Industrial School for Girls and the Bolton Dam. It mandates that the conveyance process complies with certain state laws, ensuring appropriate procedures are followed.
Notable concerns surrounding HB 4183 include the requirements regarding the appraisal process for the properties involved. The bill mandates an independent professional appraisal to determine fair market value, which must be reviewed and approved by the inspector general. This step is critical to ensure that the town of Bolton does not acquire the land at a price that does not reflect its true value, maintaining fiscal responsibility in municipal transactions. While there may be a consensus on the proposed use of the land, the appraisal process could lead to debates over valuations and timelines for transfer, particularly if the town fails to act within the specified periods.
The legislation includes provisions for competitive bidding in the event that the town does not acquire the parcels by a specified deadline, allowing for additional community or governmental use of the parcels if necessary. This creates a responsive mechanism in case the municipality is unable to finalize the land transfer, ensuring that the properties are allocated in a manner that would maximize their utility and benefit to the public.