This bill authorizes the Division of Capital Asset Management and Maintenance to grant permanent and perpetual easements to the city of Lowell for conservation and recreation purposes. The easements will be located on three parcels of land along the Merrimack River, totaling approximately 6,750 square feet, and will allow the city to construct, maintain, and operate outfall structures and mainline drains. The bill establishes that the easement holder must restore the surface condition of the land to an equivalent or better state within 24 months after any work is completed in the easement area.

Additionally, the city of Lowell is required to compensate the commonwealth for the easements through improvements to nearby conservation and recreation property, with the value of these improvements needing to meet or exceed the fair market value of the easements. The bill also stipulates that any easement granted must be used solely for the specified purposes, and if it ceases to be used as such, it will revert to the commonwealth. The process for determining the value of the property and the necessary appraisals is outlined, ensuring oversight by the inspector general before the execution of the conveyance.