State law lets the asset commissioner consider releasing part of a sewer easement on Nora, LLC’s West Roxbury property, with an appraisal, review, and payment of full market value.
The state asset commissioner may release part of the 1897 sewer easement on Nora, LLC’s West Roxbury property. The release requires an appraisal, review, and payment of full market value.
The state asset commissioner may release part of the sewer easement by deed or another document. The authorization covers part of the 1897 sewer easement on Nora, LLC’s property at 49 Charles Park Road in West Roxbury, for the company and its successors or assigns. A survey, guided by the filed sketch, sets the exact boundaries. The commissioner must consult the Massachusetts Water Resources Authority and set the release terms with its executive director. Payment for the release must equal the portion’s full and fair market value, based on an independent appraisal. The inspector general reviews the appraisal and sends a report to the commissioner. Before signing release documents, the commissioner must send the appraisal and the inspector general’s report, approval, and any comments to the named legislative committees. Nora, LLC and its successors or assigns must pay survey, appraisal, recording, and other release costs set by the commissioner. The commissioner must send the appraisal and inspector general’s review materials to the named committees before signing documents that release the easement.
No hearings or votes scheduled.