The director of the Rhode Island department of environmental management, upon written request of the executive director of the Rhode Island economic development corporation, is hereby authorized and directed to grant, transfer, and convey in fee simple or otherwise in the name of and for the State of Rhode Island to the Rhode Island economic development corporation certain real estate and improvements thereon belonging to the State of Rhode Island situated in the Town of Smithfield, Rhode Island and referenced on tax lot 70, assessor’s plat 46, or portions thereof as determined by the executive director of the Rhode Island economic development corporation. The provisions of Chapters 6 and 7 of this title shall not be applicable to the conveyance or conveyances set forth herein which have been or hereafter may be effected by the Rhode Island economic development corporation under the provisions of this chapter.
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