An Act relative to authorizing the conveyance of certain parcels of land in the city of Fall River
Senate: Read, rules suspended, read second and ordered to a third reading
Summary
The bill lets the Massachusetts Department of Transportation give about 21.5 acres of vacant highway land in Fall River to the Fall River Redevelopment Authority for a dollar. The authority can then buy, develop, sell or lease the parcels for housing, retail, commercial or other economic projects, and must use at least $10 million of any proceeds for local transportation improvements. It also sets appraisal, reporting and reversion rules.
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