Currey, 020615 CTAGO, AGO 2015-1
|Docket Nº:||AGO 2015-1|
|Case Date:||February 06, 2015|
(a) Notwithstanding any provision of the general statutes, the Commissioner of Administrative Services, on behalf of the Chief Court Administrator, shall convey to the city of New Britain a parcel of land located in the city of New Britain, at a cost of sixty thousand dollars plus the administrative costs of making such conveyance.. . .
(b) The city of New Britain shall use said parcel of land for economic development purposes. If the city of New Britain: (1) Does not use said parcel for said purposes not later than two years after the conveyance of said parcel; or (2) Leases all or any portion of said parcel, the parcel shall revert to the state of Connecticut.The State conveyed the parcel at issue to the City of New Britain via Quit Claim Deed dated October 7, 2013 (attached hereto as Exhibit A). In accordance with Public Act 12-2, the deed provided that the property was "conveyed subject to the requirement the Grantee [City of New Britain] use said property for economic development purposes. If Grantee [City of New Britain] does not use the Property for said purposes within two years after the date this Quit Claim Deed is approved by the Attorney General or Grantee leases all or any portion of the Property, the Property shall revert to the State of Connecticut." The parcel at issue consists of vacant land adjacent to the New Britain Superior Court parking garage. The City plans to sell the parcel to a private developer via a proposed quit claim deed (the "Proposed Deed, attached hereto as Exhibit B). The Proposed Deed includes a covenant providing that the "Releasee [private developer] shall commence the construction of improvements for economic development purposes on the property hereby conveyed within five (5) years from the date of this Deed and...
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