This bill authorizes the Massachusetts Department of Transportation (MassDOT) to convey a specific parcel of land in Stoneham to Wakefield Investments, Inc. for the purpose of reconstructing an off-ramp from Interstate 93 northbound to Montvale Avenue and Maple Street. The measure is filed as an emergency law intended to effectuate an immediate conveyance to enable the project without delay.
Authority to convey (Section 1): MassDOT secretary may convey a designated Stoneham parcel to Wakefield Investments, Inc. notwithstanding section 7E of Chapter 81 or other laws. The conveyance is tied to reconstructing the NB I-93 off-ramp to Montvale Ave and Maple Street.
Parcel description (Section 1): The parcel, part of Parcel 2-31, consists of about 12,500 square feet. It is landlocked to the abutting owner at 100 Maple Street and was taken in 1958 under an order of taking (recorded in Middlesex South Registry of Deeds, Book 9244, Page 114).
Consideration (Section 2): The conveyance price is the full and fair market value of the parcel as determined by the MassDOT secretary and agreed to by Wakefield Investments, Inc. The conveyance is on an “as is, where is, with all faults” basis via the DOT release deed.
Costs and expenses (Section 3): Wakefield Investments, Inc. is responsible for all costs related to the conveyance, including engineering, surveys, layout alterations, recording, appraisals, and deed preparation, as determined by the MassDOT secretary.