This bill authorizes the Massachusetts Department of Transportation to convey certain parcels of land in the town of Norton for redevelopment purposes. The land, which was previously taken for highway purposes in 1973, includes specific parcels identified by their Parcel IDs. The conveyance will occur through a release deed, and the exact boundaries of the parcels will be determined following a survey. The bill also establishes that the consideration for the conveyance will be the full and fair market value of the parcels, as assessed by the Department's office of real estate and economic development.
Additionally, the bill stipulates that the parcels will be conveyed in their current condition, "as is, where is and with all faults." The town of Norton is permitted to sell or lease the parcels for redevelopment, with proceeds from any sale or lease required to be conveyed to the commonwealth to meet the assessed market value. Furthermore, the purchaser of the land will be responsible for all associated costs, including engineering, surveys, appraisals, and deed preparation, as determined by the Department of Transportation.