Plain English Breakdown
The official source does not specify that the sale price must be approved by the Commissioner of Transportation prior to the actual sale or lease, but it is implied in the bill text.
Changing Rules About Land in Stratford
This act changes a previous agreement about land given to the town of Stratford, allowing the town to sell, transfer, or lease that land for parking purposes.
What This Bill Does
- Changes an old rule that said the land could only be used for schools and not sold.
- Allows the town of Stratford to use the land for parking instead.
- Permits the town to sell, transfer, or lease the land as long as it is used for parking.
Who It Names or Affects
- The town of Stratford
- People who might buy, rent, or use the land
Terms To Know
- Quit Claim Deed
- A legal document that transfers ownership of property from one person to another.
- Special Transportation Fund
- A fund where money is kept for transportation projects and expenses.
Limits and Unknowns
- The land must be used only for parking if it is sold, transferred, or leased.
- If the land is not used for parking, it will go back to the state of Connecticut.
- Money from selling or leasing the land goes directly to a special fund.