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An Act APPROVING THE TOWN OF NANTUCKET TO USE, OR TO SELL, CONVEY OR OTHERWISE DISPOSE OF CERTAIN LAND SITUATED IN THE TOWN OF NANTUCKET FOR ANY LAWFUL PURPOSE |
Be it enacted by the Senate and House
of Representatives in General Court assembled, and by the authority of the
same, as follows:
SECTION 1. The town of Nantucket and the Nantucket Land Bank may release and transfer their property interests to each other in certain land situated in the town of Nantucket, known as the South Pasture, near Bunker Road, shown on the town’s Assessor’s Map 78, Parcel 4. This parcel of land contains approximately 60 acres, one third of which is owned by the Land Bank, one third by the town and one third by unknown owners, all undivided and located within the entire parcel.
SECTION 2. In consideration for this release and transfer by the Nantucket Land Bank to the town, the Land Bank will own a separate portion of this parcel, totaling approximately 20 acres, as protected open space.
SECTION 3. In consideration for this release and transfer by the town of Nantucket to the Nantucket Land Bank, the town will own a separate portion of this parcel, totaling approximately 40 acres, including the shares it may purchase or take by eminent domain from the unknown owners, for municipal purposes.
SECTION 4. This act shall take effect upon its passage.
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