Medford Proposed Reuse Restrictions

The restrictions that will be contained in the deed of the DCR property to the MBTA are substantially as follows:

The above described property shall not be used in a manner which will adversely impact the adjacent park property retained by the Commonwealth of Massachusetts, acting through its Department of Conservation and Recreation.

In the event that the above described property ceases to be used for rail purposes, or if rail purposes are abandoned at any time, or if any other use is undertaken on the property, the property shall revert to the Commonwealth of Massachusetts, acting through its Department of Conservation and Recreation (“DCR”), upon recordation by Grantor in the Middlesex South District Registry of Deeds of a Certificate of such reverter (“Certificate”), following written notice by the Commissioner of the Division of Capital Asset Management and Maintenance to the Massachusetts Bay Transportation Authority of its intention to record such Certificate, which notice shall allow Grantee at least 60 days to cure such cessation (“60 Day Notice”); and provided Grantor shall obtain a written consent from DCR of its willingness to accept the reversion of the property following any due diligence DCR seeks to undertake in its discretion (“Consent”). Grantor shall include the 60 Day Notice and Consent as attachments to the Certificate for recording, as evidence that the terms of this paragraph have been satisfied.

Interested parties may send comments on the proposed reuse restrictions via email, mail or hand delivery to:

OREM
Division of Capital Asset Management and Maintenance
One Ashburton Place, 14th Floor
Boston, MA 02108

Contact   for Medford Proposed Reuse Restrictions

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