Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

The town of Edgartown, acting by and through its board of selectmen, may enter into a 99-year lease with a developer of affordable rental housing for town-owned land. The land is shown on a plan of land entitled "Proposed Affordable Rental Housing Site and Access", dated November 17, 2003 and prepared by Vineyard Land Surveying Inc.