Newburyport Proposed Reuse Restrictions

The restriction that will be contained in the deed of the Military Division property to the City of Newburyport is substantially as follows:

The use of the above described property shall be restricted to general municipal purposes.

In the event that the above described property ceases to be used for such purpose, or if such purpose is abandoned at any time, or if any other use is undertaken on the property, the property may revert to the Commonwealth of Massachusetts, acting through its Military Division, upon recordation by Grantor in the Southern Essex 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 City of Newburyport 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 the Military Division of its willingness to accept the reversion of the property following any due diligence the Military Division 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, 14^th Floor
Boston, MA 02108