reglab/housing_qa huggingface dataset:
MA Gen L ch 23g § 15 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title II - Executive and Administrative Officers of the Commonwealth|Chapter 23g - The Massachusetts Development Finance Agency|Section 15 - Conveyance of Land to Agency or Boston Redevelopment Authority

Section 15. Notwithstanding any provision of general or special law to the contrary, upon the recording in the Suffolk county registry of deeds of a deed or deeds from the United States of America conveying to the Agency or to the Boston Redevelopment Authority as grantee all or any portion of the premises within the United States Navy Yard, Charlestown section of Boston, Massachusetts, now owned in part by the United States of America and in part by the Boston Redevelopment Authority, bounded northwesterly by Little Mystic Channel, easterly and southeasterly by the main channel of Boston Inner Harbor, southwesterly by the Charles River and northwesterly by the lands of others: (a) it shall be deemed conclusively that jurisdiction to said premises vested in the United States of America in accordance with the terms of any special acts whereby the commonwealth ceded jurisdiction to said premises to said United States and, further, that said United States has complied with all conditions imposed by such acts; (b) all right, title and interest of the commonwealth in and to any such premises shall pass to and vest in the grantee, establishing fee simple absolute title in the grantee, all without further evidence of conveyance by the commonwealth and all interests of the commonwealth are hereby ratified and confirmed in the respective grantees of any such deed or deeds of all or any portion of these premises so recorded prior to the enactment hereof; and (c) all licenses and authority to place fill, to maintain existing fill, to build and maintain bulkheads, to drive piles, to build, extend and widen wharves, piers and other structures on piles or on other support structures or to construct other structures heretofore or hereafter granted under the applicable provisions of chapter 91 of the General Laws and all actions of the United States of America taken in respect to placing and maintaining fill or building and maintaining bulkheads, piles, wharves, piers or other structures completed prior to the date of enactment hereof, whether or not so placed, built or maintained in accordance with the applicable provisions of any general or special act, deed, grant or other instrument authorizing or conveying the same and whether or not so placed, built or maintained in accordance with any plans that may have been filed or required to be filed with the commonwealth or any Agency or political subdivision thereof, all with respect to said premises, shall be irrevocable and ratified and confirmed in place, the commonwealth hereby waiving any right or claim of action it might have for the recovery of said land or any interest therein below high water mark to or in such fill or appurtenant structures or to restrict the use of same.
MA Gen L ch 23g § 16a (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title II - Executive and Administrative Officers of the Commonwealth|Chapter 23g - The Massachusetts Development Finance Agency|Section 16a - Designations; Walking Track; Tennis Courts

Section 16A. The department of environmental management shall designate the walking track located at the Quinsigamond state park in the city of Worcester as the, ''State Representative Andrew Collaro walking track''; provided, however, that the tennis courts located in said state park shall be designated as the ''Senator Daniel J. Foley tennis courts''.
MA Gen L ch 23g § 16b (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title II - Executive and Administrative Officers of the Commonwealth|Chapter 23g - The Massachusetts Development Finance Agency|Section 16b - Borrowing of Money

Section 16B. Notwithstanding the provisions of any general or special law to the contrary, North Shore Community College, with the approval of the board of higher education, may borrow an amount not to exceed $12,000,000 through the Massachusetts Health and Educational Facilities Authority or any other authorized funding source.
MA Gen L ch 23g § 16c (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title II - Executive and Administrative Officers of the Commonwealth|Chapter 23g - The Massachusetts Development Finance Agency|Section 16c - Taking of Land by Eminent Domain

Section 16C. The department of fisheries, wildlife and environmental law enforcement may take by eminent domain under chapter 79 of the General Laws for endangered species habitat and open space protection purposes a portion of the registered and unregistered land in Dennis, Barnstable county, Massachusetts, taken by the Dennis Water District, a body politic, for water well protection purposes described in an Order of Taking dated May 6, 1996 and recorded in the Barnstable county registry of deeds in book 10191 at page 272 and registered as document numbered 665160, which portion to be taken by the department shall be shown on a plan of land to be prepared by said department.
MA Gen L ch 23g § 17 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title II - Executive and Administrative Officers of the Commonwealth|Chapter 23g - The Massachusetts Development Finance Agency|Section 17 - Disposition of Lands; Valuation

Section 17. Any disposition of lands, or an interest therein, which were acquired by the Agency pursuant to section 16 may be made in such manner whether by sale, lease, or otherwise, by parcels which are the same as or different from those by which they were acquired or taken possession of by the Agency, and for such price, rental or other consideration payable over such term, and bearing interest as to deferred payments and secured in such manner, by mortgage or otherwise, all as the Agency may determine to be desirable and consistent with any applicable provisions of any applicable redevelopment or incubator development plan.  Prior to the disposition of state surplus lands or an interest therein which were acquired by the Agency pursuant to section 16 to a natural person or entity, the Agency shall undertake an independent determination of the value of such lands through procedures customarily accepted by the appraising profession as valid for determining property value. If such disposition is for consideration which is less than such value, the Agency shall, prior to such disposition, disclose in the central register published by the secretary of state the difference between the value of such parcel and disposition price of such parcel and by notice to the house and senate committees on ways and means.  The Agency may, in accordance with the provisions of section 2 of chapter 30A of the General Laws, adopt such rules and regulations as it may deem desirable for the exercise of its powers and the discharge of its duties as provided in this section.
MA Gen L ch 23g § 18 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title II - Executive and Administrative Officers of the Commonwealth|Chapter 23g - The Massachusetts Development Finance Agency|Section 18 - Government Land Bank Fund

Section 18. There shall be established and set up on the books of the commonwealth a separate fund, to be known as the Government Land Bank Fund. There shall be credited to said fund the following:  (a) after deducting the administrative expenses of the Agency, all principal and interest received by the Agency under a mortgage made by the Agency's predecessor, the Massachusetts government land bank, financed by the proceeds of an industrial development bond or note as such term, or a successor term of comparable import, is defined by the Internal Revenue Code of 1954, issued by the commonwealth on behalf or for the purposes of one of the said Massachusetts government land bank.  (b) monies transferred from the reserves of the Agency pursuant to a vote of the board of directors of the Agency;  (c) all monies transferred pursuant to an authorization by the general court or by law.  Revenue credited to the Government Land Bank Fund shall be used for debt service on bonds and notes issued by the commonwealth on behalf of the Agency's predecessor, the Massachusetts government land bank, or upon appropriation by the general court.  The comptroller of the commonwealth shall quarterly file a report with the house and senate committees on ways and means and the secretary of administration and financing detailing the balance of the fund.  The proceeds of an industrial development bond as such a term, or a successor term of comparable import, is defined by the Internal Revenue Code of 1954 issued after September 1, 1982 by the Agency's predecessor, the Massachusetts government land bank, shall not be used to reduce any deficit existing in said fund.  The provisions of this section shall not apply to any bond issued by the Agency's predecessor, the Massachusetts Industrial Finance Agency nor to any bond issued by the Agency.
MA Gen L ch 23g § 18a (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title II - Executive and Administrative Officers of the Commonwealth|Chapter 23g - The Massachusetts Development Finance Agency|Section 18a - Liability for Payment of Bonds Issued Under Prior Act

Section 18A. The commonwealth shall remain liable for the payment of bonds issued under section 8A of chapter 212 of the acts of 1975, as amended, and for contract assistance obligations under section 8B of said chapter 212 in respect of bonds issued prior to the enactment of this act, each to the same extent as before the enactment of this act.
MA Gen L ch 23g § 19 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title II - Executive and Administrative Officers of the Commonwealth|Chapter 23g - The Massachusetts Development Finance Agency|Section 19 - Grants; Financing Transactions; Approval of Applications

Section 19. The Agency may make grants and undertake financing transactions under the provisions of clause (29) of section 3 only upon the approval by the Agency of an application containing the following information:  (a) identification of the applicant;  (b) a description of the project including a financing plan;  (c) a description of how the Agency's interest will be secured; and  (d) a description of the public benefits to be derived from the project.  No such application shall be approved by the Agency unless the Agency finds that the transaction represented in such application provides for the capitalization or stabilization of a business that is or will be located in a small business incubator facility or for the acquisition, development, improvement, redevelopment, operation, maintenance or use of lands, in whole or in part, or the construction, rehabilitation, demolition or maintenance of the buildings thereon, or the acquisition, establishment, development, improvement, redevelopment, stabilization, management or operation of small business incubator facilities thereon, substantially for industrial, commercial or residential uses which will prevent or eliminate blight, economic dislocation, economic distress or unemployment, or for the construction, rehabilitation or maintenance upon such lands of decent, safe and sanitary housing, at least 25 per cent of which will be made available to persons of low and moderate income, or for such other public purposes as the Agency may determine are generally consistent with the provisions of this chapter; that such project is consistent with the sound needs of the locality as a whole, with particular regard to the prevention of blight, economic dislocation, economic distress or unemployment, or the alleviation of the shortage of such housing; that such project is financially sound; and that such project meets such other requirements as the Agency may by regulation establish.
MA Gen L ch 23g § 20 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title II - Executive and Administrative Officers of the Commonwealth|Chapter 23g - The Massachusetts Development Finance Agency|Section 20 - Small Business Incubator Facilities; Location Restriction

Section 20. The small business incubator facilities that receive financial assistance from the Agency shall not be located within a 25 mile radius of another small business incubator project approved by the Agency.
MA Gen L ch 23g § 21 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title II - Executive and Administrative Officers of the Commonwealth|Chapter 23g - The Massachusetts Development Finance Agency|Section 21 - Application Requirements for Incubator Development Plan, Loans or Grants

Section 21. In addition to other requirements contained in this chapter, each incubator development plan or loan, loan guarantee or grant application related to a small business incubator facility shall:  (i) make provision for a professional business manager or be accompanied by a contract between a professional management service and the incubator sponsor. Said business management contract shall include whenever possible but not be limited to the regional Small Business Development Centers established pursuant to 15 USC 648, if such assistance is provided without charge to said sponsors;  (ii) contain a needs analysis demonstrating a shortage of small units of industrial space for businesses in the service area of the proposed facility; and  (iii) adequately demonstrate the capacity of the recipient to make or administer loans or investments to capitalize businesses that are or will be served by said facility.
MA Gen L ch 23g § 22 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title II - Executive and Administrative Officers of the Commonwealth|Chapter 23g - The Massachusetts Development Finance Agency|Section 22 - Application Approval; Requirements by Incubator Sponsor

Section 22. Before approving an application to a small business incubator facility, the incubator sponsor shall require that an applying business must show evidence of the following:  (1) the business applying for financial aid has a clearly developed business concept or prototype;  (2) the business has a reasonable chance of being commercially successful;  (3) the financial aid provided by the Agency shall be used to further commercialization of the business including, but not limited to, the further development of the business; the construction of a prototype, the development of a manufacturing process to produce, or to implement a marketing or distribution strategy for the product;  (4) financial aid by the Agency is necessary for the commercial development of the business because funding for such commercial development of the business is only available on terms that would substantially hinder its successful commercial development; and  (5) the employment created or maintained by commercial development and production of the business will be in the commonwealth.  The incubator sponsor shall only permit eligible businesses, including, without limitation small businesses located in existing small business incubator facilities, to be tenants in such incubator facility.  For the purposes of this section, the word ''business'' shall mean any individual, firm, corporation, partnership, trust or other legal entity, in the process of formation or starting as a new business, engaged in, but not limited to, the research, development and construction of a prototype, the development of a manufacturing process to produce the product or to implement a marketing or distribution strategy for the product, including a business located in an existing incubator facility or an existing business which demonstrates a significant diversification of its product line.
MA Gen L ch 23g § 23 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title II - Executive and Administrative Officers of the Commonwealth|Chapter 23g - The Massachusetts Development Finance Agency|Section 23 - Incubator Facilities; Tenant Businesses; Time Limitation

Section 23. The incubator sponsor shall require tenant businesses to leave the incubator facility within five years. The incubator sponsor, upon determination by the governing board of the incubator facility, may allow a tenant business a limited extension of time beyond the five year period to remain in the incubator. The considerations shall include, but not be limited to, available space in the facility; the achievement of financial viability within the extension period; and the inadequacy or lack of affordable space, with good faith substantiation of an effort to secure reasonable relocation space.
MA Gen L ch 23g § 24 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title II - Executive and Administrative Officers of the Commonwealth|Chapter 23g - The Massachusetts Development Finance Agency|Section 24 - Authorization to Borrow; Issuance of Bonds and Notes

Section 24. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary, but not exceeding, in the aggregate, the sum of $40,000,000, for the purposes of acquisition, holding, protection, maintenance, repair or use of lands or for provision of personnel and administrative cost of the Agency as provided by this chapter, and may issue and renew from time to time bonds or notes of the commonwealth therefor bearing interest at such times and at such rate as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth. All payments on account of principal on such notes shall be repaid from the Government Land Bank Fund; provided, however, that notwithstanding any provision of this chapter, such notes shall be general obligations of the commonwealth.
MA Gen L ch 23g § 25 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title II - Executive and Administrative Officers of the Commonwealth|Chapter 23g - The Massachusetts Development Finance Agency|Section 25 - Issuance and Sale of Bonds

Section 25. To provide for the acquisition, holding, protection, maintenance or use of lands as provided by clause (29) of section 3, to provide for making loans, loan guarantees and grants provided by this chapter, to provide for personnel and administrative costs of the Agency, to provide for costs related to the Devens project, so-called, created by chapter 498 of the acts of 1993 and to refinance notes issued as provided in this chapter, the state treasurer shall, upon request of the governor, issue and sell bonds of the commonwealth in an amount not to exceed, in the aggregate, the sum of $170,000,000; provided, however, that $120,000,000 thereof shall be expended exclusively for costs related to said Devens project; and provided further, that not more than $15,000,000 may be expended for renovations to existing facilities within the Devens reserve force training area and at Westover Air Force Base for the use of marine and naval reserve units formerly assigned to South Weymouth naval air station.  All bonds issued by the commonwealth as aforesaid shall be designated on their face, Government Land Bank Fund Loan Act, and shall be term or serial bonds, shall bear such date or dates, and shall mature at such time or times not exceeding 30 years, from the date of issue, as the governor may recommend to the general court pursuant to Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, the maturities thereof to be so arranged that the amounts payable in the several years of the period of amortization, other than the final year, shall be as nearly equal as in the opinion of the state treasurer it is practicable to make them. Said bonds shall bear interest semi-annually at such rate as the state treasurer, with the approval of the governor, shall fix.  All interest payments and payments on account of principal on such bonds shall be payable from the Government Land Bank Fund to the extent of the monies therein, provided, however, that notwithstanding any provision of this chapter, such bonds and the interest thereon shall be general obligations of the commonwealth.
MA Gen L ch 23g § 26 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title II - Executive and Administrative Officers of the Commonwealth|Chapter 23g - The Massachusetts Development Finance Agency|Section 26 - Contract Assistance for Debt Service Obligations

Section 26. The state treasurer acting on behalf of the commonwealth shall enter into an agreement with the Agency providing that the commonwealth shall provide contract assistance for debt service obligations of the Agency derived from its predecessor, the government land bank, in the maximum amount of $6,000,000 per fiscal year of the commonwealth for a period of 12 such fiscal years; provided, however, that notwithstanding the foregoing, such agreement shall also provide that the commonwealth shall provide contract assistance necessary to defray debt service costs associated with up to $80,000,000 in principal amount of debt obligations of the Agency derived from its predecessor, the government land bank, issued pursuant to law for the purposes of the Devens project, so-called, created by chapter 498 of the acts of 1993. Such contract assistance agreement shall provide for the payment by the commonwealth of the debt service obligations of the Agency at such time during each such fiscal year and upon such terms and under such conditions as the Agency may stipulate. The Agency may pledge such agreement and the rights of the Agency to receive amounts thereunder as security for the payment of debt obligations issued by the Agency. Such agreement shall constitute a general obligation of the commonwealth for which the faith and credit of the commonwealth shall be pledged for the benefit of the Agency and of the holders of any debt obligations of the Agency which may be secured by a pledge of such agreement or of amounts to be received by the Agency under such agreement.  Amounts received by the Agency from debt obligations issued pursuant to this chapter shall be used for the purposes of acquisition, holding, protection, maintenance, repair, stabilization, operation, management, development, redevelopment, improvement and use of lands, for making grants and undertaking financing transactions, for the acquisition of stock, options or warrants, for refunding other such debt obligations, or for provision of personnel and administrative costs of the Agency as provided by this chapter.
MA Gen L ch 23g § 30 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title II - Executive and Administrative Officers of the Commonwealth|Chapter 23g - The Massachusetts Development Finance Agency|Section 30 - Accounts of Receipts and Expenditures; Annual Report

Section 30. The Agency shall keep accurate accounts of all receipts and expenditures of the Government Land Bank Fund; and shall make a report annually containing an abstract of such accounts and detailed information on all receipts and expenditures, including prices paid for lands purchased, the terms upon which loans, loan guarantee and grants were made, and such other detailed information as provided in section 14. Except as otherwise provided by this chapter, the Agency shall have full power to exercise care of its property and management of its loans, loan guarantees, grants, business and affairs, and to sell and convey any lands as provided by this chapter, by deed or other instrument sealed with its corporate seal, signed and acknowledged by a majority of the board of directors of in like manner to authorize such sale and conveyance by any of its officers or agents.