PA 07-218—sHB 5729

Planning and Development Committee

Appropriations Committee

AN ACT CONCERNING THE SALE, LEASE OR TRANSFER OF MUNICIPAL PROPERTY

SUMMARY: This act requires towns to hold a public hearing on the proposed sale, lease, or transfer of town land or buildings. A town must hold the hearing before giving final approval to any of these transactions. This requirement applies to property whose fair market value exceeds $10,000 or lease renewals that would change how a property is used. It also applies whenever the town proposes to sell parkland, open spaces, or playgrounds, regardless of the land's fair market value.

The town must publish at least two hearing notices in a newspaper serving the town. It must publish them at least two days apart, the first one between 10 and 15 days before the hearing and the second at least two days before the hearing. The town must also conspicuously post a sign on the subject property (presumably advertising the hearing's place and time).

EFFECTIVE DATE: October 1, 2007

OLR Tracking: JR: RC: CR: TS