Chapter 325

2007 -- H 5092

Enacted 07/05/07

 

A N A C T

RELATING TO TOWNS AND CITIES -- GENERAL POWERS

          

     Introduced By: Representatives Lewiss, Walsh, and Kennedy

     Date Introduced: January 17, 2007

 

It is enacted by the General Assembly as follows:

 

     SECTION 1. Chapter 45-2 of the General Laws entitled "General Powers" is hereby

amended by adding thereto the following section:

 

     45-2-5.1. Westerly municipal land trust. -- The town council of the town of Westerly is

hereby authorized and permitted to exercise its discretion to transfer and convey certain real

estate to the Westerly Municipal Land Trust, without monetary consideration, provided that such

real estate shall be of such character and condition as shall be appropriate of the purposes of said

Land Trust, and provided further that such real estate shall be conveyed to said Land Trust with

the express restriction that the same shall not be further transferred or conveyed to any other

person or entity for value or otherwise, without the express approval of said town council, and, in

the event of a sale, all procedures for the sale of municipal real estate shall be applied and the

proceeds thereof shall be deemed the property of the town of Westerly.

 

     SECTION 2. This act shall take effect upon passage.

     

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LC00555

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