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 Mashpee, acting by and through its board of
selectmen, may convey, for nominal consideration, certain land
located in the town to the Mashpee Affordable Housing Trust for the
construction of affordable housing under the local
incentive program. The land is shown on the 2001 Mashpee assessors' maps as
Map 62, Blocks 28 and 29.
SECTION 2.
No deed conveying, on behalf of the town of Mashpee, the
land described in section 1 shall be valid unless the deed provides that the
land shall be used for the purposes described in section 1. The deed shall
include
a reversionary clause that requires the land to revert to the
town
of Mashpee if the land ceases to be used for the express purpose for which
it was conveyed.
SECTION 3.
This act shall take effect upon its passage.
Approved October 16, 2003.