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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