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 commissioner of the division of capital planning and operations shall, subject to the provisions of sections 40E to 40J, inclusive, of chapter 7 of the General Laws, convey by deed a certain parcel of land located in the town of Hull, presently under the care, custody and control of the metropolitan district commission to said town of Hull to be used for construction purposes, subject to the terms and conditions as the commissioner may prescribe in consultation with the metropolitan district commission. Said parcel is shown on the town of Hull Assessors Map 27, Lots B and 3C.

SECTION 2. The transfer pursuant to section 1 shall be made only if the town of Hull acting by and through its board of selectmen, shall convey certain parcels of land located in said town to the commonwealth for use by the metropolitan district commission. Said parcels are shown on Hull Assessors Map 7, Lots 60 and 62, Map 56, Lots 40 and 42.

SECTION 3. The metropolitan district commission shall issue an appraisal for both the conveyance in section 1 and the conveyance of consideration in section 2. The inspector general shall review and approve said appraisals and said review shall include an examination of the methodology used for said appraisals. Said inspector general shall prepare a report of his review and file said report with the commissioner of the division of capital planning and operations for submission to the house and senate committees on ways and means and chairmen of the joint committee on state administration.

SECTION 4. The town of Hull or its designee shall be responsible for expenses relating to the transfer of the parcel of land from the commonwealth to said town of Hull, and for any costs, liabilities and expenses of any nature and kind for the development, maintenance or operation of said parcel. Any further disposition of said parcel of land shall be subject to sections 40E to 40J, inclusive, of chapter 7 of the General Laws.

SECTION 5. The commissioner of the division of capital planning and operations shall 30 days before the execution of any agreement authorized by this act, or any subsequent amendment thereof, submit the agreement or amendment and a report thereon to the inspector general for his review and comment. Said inspector general shall issue his review and comment within 15 days of receipt of any agreement or amendment. Said commissioner shall submit the agreement and any subsequent amendments thereof, the reports, and the comments of said inspector general, if any, to the house and senate committees on ways and means and the chairmen on the joint committee on state administration at least 15 days prior to execution.