An Act authorizing the Massachusetts Department of Transportation to convey a certain parcel of land in the town of Stoneham

This bill authorizes the Massachusetts Department of Transportation to transfer a specific 12,500-square-foot parcel of land in Stoneham to a private company called Wakefield Investments, Inc. The land, which was originally taken for highway purposes in 1958, is intended to be used for rebuilding an off-ramp from Interstate 93 northbound to Montvale Avenue and Maple Street. The transfer will occur at the full market value agreed upon by both the state and the private owner, with the private company responsible for covering all associated costs such as surveys, engineering, and legal fees.