reglab/statecodes huggingface dataset:
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33 - Redevelopment Financing › Section 45-33-15. - Bonds as legal investments.

§ 45-33-15. Bonds as legal investments.
Notwithstanding any restrictions on investments contained in any laws of this state, the state and all public officers, municipal corporations, political subdivisions, and the public bodies, all banks, bankers, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies, and other persons carrying on a banking business, and all insurance companies, insurance associations, and other persons carrying on an insurance business, may legally invest any sinking funds, moneys, or other funds, belonging to them or within their control, in any bonds or other obligations issued by an agency, as herein defined, and those bonds and other obligations shall be authorized security for all public deposits; it being one of the purposes of chapters 31 — 33 of this title, to authorize all persons, firms, corporations, associations, political subdivisions, bodies, and officers, public or private, to use any funds owned or controlled by them including, but not limited to, sinking, insurance, investment, retirement, compensation, pension, and trust funds, and any funds held on deposit, for the purchase of any bonds or other obligations; provided, that nothing contained in chapters 31 — 33 of this title, shall be construed as relieving any person, firm, or corporation from any duty of exercising reasonable care in selecting securities.
History of Section.
P.L. 1956, ch. 3654, § 84; G.L. 1956, § 45-33-15.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33 - Redevelopment Financing › Section 45-33-16. - Financial assistance by other public agencies.

§ 45-33-16. Financial assistance by other public agencies.
In addition to the powers conferred upon an agency by other provisions of chapters 31 — 33 of this title, an agency is empowered to borrow money or accept financial or other assistance, from the federal or state government or any state public body, for or in aid of any redevelopment project, and to those ends the agency is empowered to comply with any conditions attached, not inconsistent with the purposes of these chapters.
History of Section.
P.L. 1956, ch. 3654, § 86; G.L. 1956, § 45-33-16.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33 - Redevelopment Financing › Section 45-33-17. - Previously issued bonds ratified.

§ 45-33-17. Previously issued bonds ratified.
All proceedings taken before April 2, 1956, by a legislative body of a community authorizing the issuance of bonds of a community to provide funds for a redevelopment revolving fund under § 46 of chapter 1802 of the Public Laws of 1946, as amended, or for a redevelopment revolving fund under § 49 of chapter 2574 of the Public Laws of 1950, where the issuance of bonds has been approved by the voters of the community, are ratified, confirmed, and declared legal in all respects, and the issuance of any bonds so authorized is approved and reauthorized, notwithstanding the repeal of chapter 1802 of the Public Laws of 1946, as amended, or of chapter 2574 of the Public Laws of 1950, and notwithstanding the provisions of the charter of any community or of any general or special law.
History of Section.
P.L. 1956, ch. 3654, § 92; G.L. 1956, § 45-33-17.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.1 - Rehabilitation Loans › Section 45-33.1-1. - Rehabilitation loans.

§ 45-33.1-1. Rehabilitation loans.
The various cities and towns and their respective redevelopment agencies are severally authorized to make secured and unsecured loans with or without interest to any one or more persons, partnerships, or corporations for the purpose of making repairs, rehabilitation, or alterations to structures located within their respective communities. These loans may be made to bring those structures into compliance with their respective housing standards, or into compliance with rehabilitation standards contained in any redevelopment plan approved pursuant to chapters 31 — 33 of this title, or to improve the respective structures, real estate, or neighborhoods. These loans may also be made to state-chartered limited equity housing cooperatives.
History of Section.
P.L. 1976, ch. 279, § 1; P.L. 1986, ch. 256, § 7.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.1 - Rehabilitation Loans › Section 45-33.1-2. - Acceptance of security interests and mortgages.

§ 45-33.1-2. Acceptance of security interests and mortgages.
The various cities and towns and their respective redevelopment agencies are severally authorized to accept security interests and mortgages in personal property and real estate to secure loans made under this chapter, and are severally empowered to exercise all of the rights of a secured party or mortgagee with respect to those secured loans.
History of Section.
P.L. 1976, ch. 279, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.1 - Rehabilitation Loans › Section 45-33.1-3. - Powers additional.

§ 45-33.1-3. Powers additional.
The authorization and empowerments provided by this chapter are in addition to all other powers already granted and existing in the cities and towns and their respective redevelopment agencies.
History of Section.
P.L. 1976, ch. 279, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-1. - Short title.

§ 45-33.2-1. Short title.
This chapter may be referred to and cited as the “Municipal Tax Increment Financing Act.”
History of Section.
P.L. 1984, ch. 78, § 1; P.L. 2018, ch. 156, § 3; P.L. 2018, ch. 292, § 3.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-2. - Legislative findings.

§ 45-33.2-2. Legislative findings.
It is found and declared that for the public health, safety, morals, and welfare of the people of the state generally, the increase of their commerce, welfare, and prosperity and the improvement of their housing, employment and educational opportunities and general living conditions, as well as in order to remedy the conditions found to exist in the state as declared in § 45-31-3, it is essential to provide new employment opportunities to prevent, arrest, and alleviate blighted, decayed, and substandard areas in cities and towns, to increase the supply of housing available to homeowners and to tenants at low rentals, to increase the tax base, to encourage the development of undeveloped land in the town of West Greenwich, and to improve the general economy of the state; and that it is the purpose of this chapter to provide an additional and alternative means to cities and towns to fund and/or finance municipal and other public facilities and residential, commercial and industrial development and revitalization, home ownership; and programs to combat poverty, improve municipal and neighborhood living conditions and provide improved employment and educational opportunities, all to the public benefit and good, in the manner provided in this chapter.
History of Section.
P.L. 1984, ch. 78, § 1; P.L. 1992, ch. 424, § 1; P.L. 1999, ch. 506, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-7. - Security for bonds — Trust agreements.

§ 45-33.2-7. Security for bonds — Trust agreements.
(a)
In the discretion of the officers authorized to sell the bonds, but subject to the provisions of the vote authorizing the bonds, bonds issued under this chapter may be secured by one or more trust agreements between the city or town and a corporate trustee or trustees, which may be any trust company or bank having the powers of a trust company within or without the state. A trust agreement under this section shall be in a form and executed in a manner that may be determined by the officers. A trust agreement may pledge or assign project revenues, in whole or in part. It may contain provisions for protecting and enforcing the rights, security, and remedies of the bondholders as may be reasonable and proper and not in violation of law, including without limiting the generality of the preceding, provisions defining defaults and providing for remedies in the event of defaults, which may include the acceleration of maturities, and covenants stating duties of, and limitations on, the city or town in relation to carrying out and otherwise administering the project or projects, the custody, safeguarding, investment and application of project revenues, the issue of additional bonds under this chapter, the determination of tax increments, the fixing of fees and charges, if any, in relation to the project or projects, the collection of project revenues, the use of any surplus bond proceeds, the establishment of reserves, and the replacement of bonds or coupons which become mutilated or are destroyed or lost. Subject to the provisions of this chapter, moneys subject to the trust agreement shall be held, invested, and applied as provided in the trust agreement; provided, that moneys not deposited in trust with a corporate trustee shall be in the custody of the city or town treasurer.
(b)
It is lawful for any bank or trust company to act as a depository or trustee of the proceeds of bonds or of other moneys under any trust agreement and to furnish indemnifying bonds or to pledge securities that may be required by the trust agreement. The trust agreement or resolution may establish the rights and remedies of the bondholders and the trustee, and may restrict the individual right of action by bondholders. All expenses incurred in carrying out the provisions of the trust agreement or resolution may be treated as current operating expenses.
History of Section.
P.L. 1984, ch. 78, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-8. - Pledge of project revenues validated.

§ 45-33.2-8. Pledge of project revenues validated.
(a)
Notwithstanding any provision of any other law, including the Uniform Commercial Code, §§ 6A-1-101 — 6A-9-507:
(1)
Any pledge under this chapter is valid and binding, and deemed continuously perfected from the time it is made;
(2)
No filing need be made under the Uniform Commercial Code or otherwise;
(3)
Unless otherwise provided in the financing instruments, a pledge of project revenues is deemed to include a pledge of any accounts or general intangibles from which revenues are derived, whether existing at the time of the pledge or thereafter coming into existence, and whether held at the time of the pledge or thereafter acquired by the city or town, and the proceeds of the accounts or general intangibles; and
(4)
The pledge of project revenues, accounts, and general intangibles is subject to the lien of the pledge without delivery or segregation, and the lien of the pledge is valid and binding against all parties having claims of contract or tort or otherwise against the city or town.
(b)
A pledge of project revenues under this chapter constitutes a sufficient appropriation for the purposes of any provision for appropriation, and the revenues may be applied as required by the pledge without further appropriation.
(c)
For the purposes of this section the word “pledge” is construed to include the grant of a security interest under the Uniform Commercial Code.
History of Section.
P.L. 1984, ch. 78, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-9. - Temporary anticipation notes.

§ 45-33.2-9. Temporary anticipation notes.
In anticipation of the issue of bonds under this chapter, and subject to any provisions of the vote authorizing the bonds, the officers authorized to sell the bonds may, without further authorization, issue temporary notes. The notes may be secured as in the case of bonds and, except as otherwise provided in this section, the provisions of other sections of this chapter referring to bonds are also deemed to refer to the notes. The notes need not bear the seal of the city or town or a facsimile of the seal. The notes are payable within three (3) years from their respective dates, but the principal of and interest on notes issued for a shorter period may be refunded from time to time by the issue of other notes maturing within three (3) years from the original date of issue of the indebtedness being refunded.
History of Section.
P.L. 1984, ch. 78, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-10. - Refunding bonds.

§ 45-33.2-10. Refunding bonds.
A city or town may, subject to any applicable provisions of § 45-12-5.2, issue refunding bonds for the purpose of paying any of its bonds issued under this chapter at maturity or upon acceleration or redemption. The refunding bonds may be issued at a time prior to the maturity or redemption of the refunded bonds as the city or town deems to be in the public interest. The refunding bonds may be issued in sufficient amounts to pay or provide the principal of the bonds being refunded, together with any redemption premium, any interest accrued or to accrue to the date of payment of the bonds, the expenses of issue of the refunding bonds, the expenses of redeeming the bonds being refunded, and the reserves for debt service or other purposes from the proceeds of the refunding bonds, as may be required by any agreement securing bonds. The issue of refunding bonds, the maturities and other details thereof, the security therefor, the rights of holders thereof, and the rights, duties, and obligations of the city or town with respect thereto shall be governed by the provisions of this chapter relating to the issue of bonds other than refunding bonds insofar as those provisions may be applicable.
History of Section.
P.L. 1984, ch. 78, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-11. - Credit of municipality not pledged.

§ 45-33.2-11. Credit of municipality not pledged.
The bonds and notes issued under this chapter are payable solely from project revenues. These bonds and notes shall not at any time be included in the debt of the city or town for the purpose of ascertaining its legal borrowing capacity.
History of Section.
P.L. 1984, ch. 78, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-12. - Investment of funds.

§ 45-33.2-12. Investment of funds.
Subject to any agreement securing bonds or notes issued under this chapter, the proceeds of the bonds or notes, pledged tax increments, and other project revenues may be deposited or invested in:
(1)
Obligations of the state or the United States;
(2)
Obligations of the principal and interest of which are guaranteed by the state or the United States;
(3)
Obligations of agencies and instrumentalities of the state or the United States;
(4)
Certificates of deposits of, and repurchase agreements, so called, issued with respect to obligations of the United States by, banks and trust companies organized under the laws of the state or doing business in the state; or
(5)
As may be provided in any other applicable law of the state or resolution of a city or town council or pursuant to an investment policy of the city or town.
History of Section.
P.L. 1984, ch. 78, § 1; P.L. 2018, ch. 156, § 3; P.L. 2018, ch. 292, § 3.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-13. - Trust funds.

§ 45-33.2-13. Trust funds.
All project revenues received pursuant to the provisions of this chapter which have been pledged as security, including, without limiting the generality of the preceding, security for the repayment of bonds issued pursuant to § 45-33.2-6, are deemed to be trust funds to be held and applied solely as provided in this chapter. Project revenues received pursuant to the provisions of this chapter which have not been pledged as security may be used in any manner consistent with the project plan, as well as, with respect to the tax increment portion of the plan, § 45-33.2-3(7).
History of Section.
P.L. 1984, ch. 78, § 1; P.L. 1992, ch. 424, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-14. - Remedies of bondholders and noteholders.

§ 45-33.2-14. Remedies of bondholders and noteholders.
Any holder of bonds or notes issued under this chapter, or of any of the coupons appertaining to those bonds and notes, and the trustee under any trust agreement securing the bonds or notes, except to the extent the rights herein given may be restricted by any agreement securing the bonds or notes, may bring suit upon the bonds, notes, or coupons and may, either at law or in equity, by suit, action, mandamus, or other proceedings, protect and enforce any and all rights under the laws of the state or granted under this chapter or under any agreement, and may enforce or compel the performance of all duties required by this chapter or by an agreement to be performed by the city or town or by any city or town officer.
History of Section.
P.L. 1984, ch. 78, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-15. - Bonds and notes as legal instruments.

§ 45-33.2-15. Bonds and notes as legal instruments.
Bonds and notes issued under the provisions of this chapter are securities in which all public officers and public bodies of the state and its political subdivisions, all insurance companies, trust companies in their commercial departments, savings banks, cooperative banks, banking associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. These bonds are securities which may properly and legally be deposited with and received by any state or municipal officer or any agency or political subdivision of the state for any purpose for which the deposit of bonds or obligations of the state is now or may be authorized by law.
History of Section.
P.L. 1984, ch. 78, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-16. - Bonds and notes as investment securities.

§ 45-33.2-16. Bonds and notes as investment securities.
Notwithstanding any of the provisions of this chapter or any recitals in any bond or notes issued under this chapter, all bonds and notes are deemed to be investment securities under the Uniform Commercial Code, §§ 6A-1-101 — 6A-9-507.
History of Section.
P.L. 1984, ch. 78, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-17. - Exemption from taxation.

§ 45-33.2-17. Exemption from taxation.
The bonds and notes issued under this chapter, their transfer and their income, including any profit made on their sale, are at all times free from taxation within the state.
History of Section.
P.L. 1984, ch. 78, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-18. - Annual report.

§ 45-33.2-18. Annual report.
No later than September 1 of each year a project plan pursuant to this chapter is in effect in a city or town, the city or town shall make a report to the director of the department of economic development. The annual report shall review for the preceding fiscal year the activities financed by tax increment financing, the taxable valuation of the city or town, and for each tax increment area within the city or town, the taxable valuation of the property within the tax increment area, the amount of the tax increment, and the amount used or set aside for the purposes of the plan. The report shall also include the approximate number of new jobs created or preserved from the activities financed by tax incremental financing, construction and nonconstruction, the approximate amount of the wages for the jobs created, what types of fringe benefits, such as healthcare insurance or retirement benefits were made available to the new jobs created, the amount of new personal income taxes generated for the state of Rhode Island, a description of any plan or process intended to stimulate hiring in the municipality where the project is located, training of employees or potential employees and outreach to minority job applicants and minority businesses and any other relevant information requested by the director.
History of Section.
P.L. 1984, ch. 78, § 1; P.L. 2004, ch. 275, § 1; P.L. 2004, ch. 390, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-19. - Provisions supplementary.

§ 45-33.2-19. Provisions supplementary.
The preceding provisions of this chapter are deemed to provide an additional and alternative means for the doing of things authorized by it, and are regarded as supplemental and additional to, and not in derogation of, powers conferred upon cities and towns by other laws.
History of Section.
P.L. 1984, ch. 78, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-20. - Severability.

§ 45-33.2-20. Severability.
The provisions of this chapter are severable, and if any provision thereof shall be held invalid in any circumstances, invalidity shall not affect any other provisions or circumstances. This chapter shall be construed in all respects so as to meet all constitutional requirements. In carrying on the purposes and provisions of this chapter, all steps shall be taken which are necessary to meet constitutional requirements whether or not those steps are required by statute.
History of Section.
P.L. 1984, ch. 78, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-21. - Tax limitations.

§ 45-33.2-21. Tax limitations.
(a)
Except as provided below, a tax increment shall be included in the calculation of the maximum tax a city or town may levy pursuant to the provisions of § 44-5-2.
(b)
To the extent that inclusion of a tax increment in a tax levy causes a municipality to exceed the maximum tax a city or town may levy pursuant to the provisions of § 44-5-2, such excess shall be excluded from such calculation for a period not to exceed twenty-five (25) years if such excess tax increment is allocable to: (i) the payment of the principal of or interest on any special obligation bonds issued under the provisions of § 45-33.2-6, to fund a capital project under this chapter; (ii) any requirement to fund any reserve or other account or satisfy any other financial requirement which must be satisfied in connection with the issuance of such bonds or any other indebtedness or obligation incurred in connection with any such capital project or portion of one; or (iii) any payments made to directly fund any capital project.
(c)
The tax assessor in each city and town shall include calculations reflecting any tax increment excluded from the tax cap provisions of § 44-5-2 when submitting the municipality’s adopted tax levy and rate to the division of property valuation in accordance with § 44-5-2.
(d)
[Deleted by P.L. 2018, ch. 156, § 3 and P.L. 2018, ch. 292, § 3].
History of Section.
P.L. 2008, ch. 206, § 1; P.L. 2008, ch. 219, § 1; P.L. 2018, ch. 156, § 3; P.L. 2018, ch. 292, § 3.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-22. - Alternate tax increment provisions.

§ 45-33.2-22. Alternate tax increment provisions.
Section 45-33.2-3.1 and §§ 45-33.2-22 through 45-33.2-28 are intended to modernize the laws of the state governing tax increment financing to facilitate economic development in the state. Section 45-33.2-3.1 and §§ 45-33.2-22 through 45-33.2-28 shall be construed to provide a complete, additional, and alternative method for performing the things authorized by this chapter, and shall be regarded as supplemental and in addition to the powers conferred by other laws, including §§ 45-33.2-2 through 45-33.2-21. Cities and towns which have created tax increments in accordance with §§ 45-33.2-2 through 45-33.2-21 may elect to use the provisions of § 45-33.2-3.1 and §§ 45-33.2-22 through 45-33.2-28 by adopting an ordinance of the city or town council:
(1)
Declaring the intention to be bound by § 45-33.2-3.1 and §§ 45-33.2-22 through 45-33.2-28; and
(2)
Approving such amendments to the city or town redevelopment plan and project plan as may be required to proceed in accordance with § 45-33.2-3.1 and §§ 45-33.2-22 through 45-33.2-28. Effective July 1, 2018, a tax increment may be established which is not in a project area, as defined in § 45-33.2-3(4) or adopted pursuant to a project plan, as defined in § 45-33.2-3(5).
History of Section.
P.L. 2018, ch. 156, § 4; P.L. 2018, ch. 292, § 4.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-25. - Planning commission advisory opinion — Conditions for tax increment district.

§ 45-33.2-25. Planning commission advisory opinion — Conditions for tax increment district.
Prior to the establishment of a tax increment district and approval of a tax increment district master plan for such tax increment district, a city or town council shall:
(1)
Find that the proposed tax increment district and tax increment district master plan will contribute to the economic growth or well-being of the city or town or to the betterment of the health, welfare, or safety of the inhabitants of the city or town;
(2)
Transmit the tax increment district master plan to the planning commission of the city or town, if any, requesting a study of the tax increment district master plan and a written advisory opinion. The planning commission shall, within ninety (90) days, or the additional period approved by the city or town council, provide a written advisory opinion to the city or town council. The written advisory opinion shall include a determination on whether the plan is consistent with the comprehensive plan of the city or town adopted under § 45-22.2-8;
(3)
Hold at least one public hearing on the proposal to establish a tax increment district. Notice of the hearing shall be published at least ten (10) days prior to the hearing in a newspaper having general circulation within the city or town and shall include:
(i)
The date, time, and place of the hearing; and
(ii)
The boundaries of the proposed tax increment district by legal description; and
(4)
Determine whether the proposed tax increment district meets the following conditions:
(i)
A portion of the real property within a tax increment district shall meet at least one of the following criteria:
(A)
Be a substandard, insanitary, deteriorated, deteriorating, or blighted area;
(B)
Be in need of rehabilitation, redevelopment, or conservation work; or
(C)
Be suitable for industrial, commercial, residential, mixed-use or retail uses, downtown development, or transit-oriented development; and
(ii)
The original assessed value of a proposed tax increment district plus the assessed value of all existing tax increment districts within a city or town may not exceed twenty-five percent (25%) of the total value of taxable property within the city or town as of December 31 of the year immediately preceding the establishment of the tax increment district. Excluded from the calculation in this subdivision is any tax increment district established on or after the effective date [July 1, 2018] of § 45-33.2-3.1 and §§ 45-33.2-22 through 45-33.2-28 that consists entirely of contiguous property owned by a single taxpayer. For the purpose of this subdivision, “contiguous property” includes a parcel or parcels of land divided by a road, power line, railroad line, or right-of-way. A city or town may not establish a tax increment district if the conditions in this subdivision are not met.
History of Section.
P.L. 2018, ch. 156, § 4; P.L. 2018, ch. 292, § 4.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-28. - Project costs.

§ 45-33.2-28. Project costs.
Costs authorized for payment from a tax increment district master plan fund established pursuant to § 45-33.2-27 are limited to:
(1)
Costs of improvements made within the tax increment district, including, but not limited to:
(i)
Capital costs, including, but not limited to:
(A)
The acquisition or construction of land, improvements, infrastructure, public ways, parks, buildings, structures, railings, street furniture, signs, landscaping, plantings, benches, trash receptacles, curbs, sidewalks, turnouts, recreational facilities, structured parking, transportation improvements, pedestrian improvements, and other related improvements, fixtures, and equipment for public use;
(B)
The acquisition or construction of land, improvements, infrastructure, buildings, structures, including facades and signage, fixtures, and equipment for industrial, commercial, residential, mixed-use or retail use, or transit-oriented development;
(C)
The demolition, alteration, remodeling, repair, or reconstruction of existing buildings, structures, and fixtures;
(D)
Environmental remediation;
(E)
Site preparation and finishing work; and
(F)
All fees and expenses associated with the capital cost of such improvements, including, but not limited to, licensing and permitting expenses and planning, engineering, architectural, testing, legal, and accounting expenses;
(ii)
Financing costs, including, but not limited to, closing costs, issuance costs, reserve funds, and capitalized interest;
(iii)
Real property assembly costs;
(iv)
Costs of technical and marketing assistance programs;
(v)
Professional service costs, including for municipal staff, which may include but not be limited to, licensing, architectural, planning, engineering, development, and legal expenses;
(vi)
Organizational costs relating to the planning and the establishment of the tax increment district, including, but not limited to, the costs of conducting environmental impact and other studies and the costs of informing the public about the creation of tax increment districts and the implementation of the tax increment district master plan; and
(2)
Costs of improvements that are made outside the tax increment district but are directly related to or are made necessary by the establishment or operation of the tax increment district, including, but not limited to that portion of the costs reasonably related to the construction, alteration or expansion of any facilities not located within the tax increment district that are required due to improvements or activities within the tax increment district, including, but not limited to, roadways, traffic signalization, easements, sewage treatment plants, water treatment plants or other environmental protection devices, storm or sanitary sewer lines, water lines, electrical lines, improvements to fire stations, and street signs.
History of Section.
P.L. 2018, ch. 156, § 4; P.L. 2018, ch. 292, § 4.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.2 - Municipal Tax Increment Financing Act › Section 45-33.2-29. - Limitation of powers.

§ 45-33.2-29. Limitation of powers.
The state pledges to and agrees with any person, firm, or corporation, or federal agency subscribing to or acquiring the bonds to be issued under this chapter, that the state will not limit or alter the rights vested in the authority until all bonds at any time issued, together with their interest, are fully met and discharged. The state does further pledge to and agree with the United States, and any other federal agency, that in the event that any federal agency constructs or contributes any funds for the construction, extension, improvement, equipping, furnishing, or enlargement of any project, or any portion of it, the state will not alter or limit this chapter in any manner that would be inconsistent with the due performance of any agreements with the federal agency; and cities and towns continue to have and may exercise all powers granted by this chapter, so long as the powers are necessary or desirable for the carrying out of the purposes of this chapter.
History of Section.
P.L. 2018, ch. 156, § 4; P.L. 2018, ch. 292, § 4.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.3 - Housing Project Loans › Section 45-33.3-1. - Housing project loans.

§ 45-33.3-1. Housing project loans.
Any housing authority created under chapter 25 or 26 of this title, and any redevelopment agency created under chapter 31 of this title, is authorized to make loans as provided in this chapter to any one or more persons, partnerships, or corporations for the purpose of financing the acquisition, construction, rehabilitation, or other development of one or more lower income housing projects located within their respective communities. For purposes of this chapter, a lower income housing project means one or more buildings and structures, and all real and personal property associated therewith, to be used primarily for residential rental purposes; provided, that not less than twenty percent (20%) of the residential units in the project will be occupied or available for occupancy, for a term of years that the authority or agency determines, by persons or families whose income is fifty percent (50%) or less of the median gross income for the area in which the project is located, as determined by the United States Department of Housing and Urban Development; and provided, further, that a portion of the cost of the project has been approved prior to April 30, 1988 for funding by a housing development grant under § 17 of the United States Housing Act of 1937 [42 U.S.C. § 1417, repealed by Pub. L. 90-448, Aug. 1, 1968].
History of Section.
P.L. 1988, ch. 10, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.3 - Housing Project Loans › Section 45-33.3-2. - Terms and conditions of loans.

§ 45-33.3-2. Terms and conditions of loans.
Loans made by a housing authority or redevelopment agency pursuant to this chapter may be secured or unsecured, and may be in an amount, payable on a date or dates, bear interest at a rate or rates, and otherwise have terms and conditions relating to the loans, and to the lower income housing project financed by the loans, as the housing authority or redevelopment agency determines or as may be required by the housing development grant for the project. The proceeds of the loan shall be applied to costs of the lower income housing project not funded by the housing development grant, and to other costs of the project, the making of the loan, the issuance of bonds, as provided in this chapter, and the funding and maintenance of reserves to secure the loan or bonds as the housing authority or redevelopment agency determines. Any housing authority and any redevelopment agency is authorized to accept security interests and mortgages in personal property and real estate to secure loans made or bonds issued under this chapter, and is empowered to exercise all of the rights of a secured party or mortgagee with respect to the security.
History of Section.
P.L. 1988, ch. 10, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.3 - Housing Project Loans › Section 45-33.3-3. - Bonds.

§ 45-33.3-3. Bonds.
(a)
Any housing authority or redevelopment agency has power to issue bonds from time to time in its discretion for the purpose of funding any loan made under this chapter, or for the purpose of refunding, paying, or retiring bonds previously issued by it for that purpose.
(b)
The bonds may be unsecured or secured by an assignment of the loan or any rights thereunder, by a pledge of any income or revenue of the authority or the agency received on account of loan, by a mortgage on or security interest in the lower income housing project financed by it, by letters of credit, lines of credit or other credit instruments, or by any combination of the preceding as the authority or agency determines in its discretion.
(c)
The bonds of the authority or the agency are authorized by its resolution, may be issued in one or more series, and shall be dated, mature at a time or times, bear interest at a rate or rates, payable at a time or times, be in a form, be subject to terms of redemption, tender, or repurchase and bear any other terms and conditions as the resolution, or any trust indenture, mortgage, or other contract, providing for their issuance or securing the bonds, may provide.
(d)
The bonds may be sold by the housing authority or redevelopment agency at public or private sale at a price or prices that the authority or agency determines.
(e)
Except to the extent inconsistent with any provision of this chapter, the issue of bonds pursuant to this chapter and their details, the rights of their holders and the rights, duties, and obligations of the authority or agency in respect of the bonds are governed by the provisions of chapters 27 and 33 of this title insofar as those provisions may be applicable.
History of Section.
P.L. 1988, ch. 10, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.3 - Housing Project Loans › Section 45-33.3-4. - Powers supplementary.

§ 45-33.3-4. Powers supplementary.
The authorization and enpowerments provided by this chapter are in addition and supplemental to the powers conferred by any other law, and nothing contained in this chapter shall be construed as limiting any other powers of a housing authority or redevelopment agency.
History of Section.
P.L. 1988, ch. 10, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.4 - City of Pawtucket Downtown Redevelopment Project › Section 45-33.4-2. - [Repealed.]

§ 45-33.4-2. [Repealed.]
History of Section.
P.L. 2018, ch. 103, § 1; Repealed by P.L. 2019, ch. 118, § 1, effective July 8, 2019; P.L. 2019, ch. 143, § 1, effective July 8, 2019.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.4 - City of Pawtucket Downtown Redevelopment Project › Section 45-33.4-3. - [Repealed.]

§ 45-33.4-3. [Repealed.]
History of Section.
P.L. 2018, ch. 103, § 1; Repealed by P.L. 2019, ch. 118, § 1, effective July 8, 2019; P.L. 2019, ch. 143, § 1, effective July 8, 2019.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.4 - City of Pawtucket Downtown Redevelopment Project › Section 45-33.4-5. - [Repealed.]

§ 45-33.4-5. [Repealed.]
History of Section.
P.L. 2018, ch. 103, § 1; Repealed by P.L. 2019, ch. 118, § 1, effective July 8, 2019; P.L. 2019, ch. 143, § 1, effective July 8, 2019.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.4 - City of Pawtucket Downtown Redevelopment Project › Section 45-33.4-6. - Green construction and cost saving measures.

§ 45-33.4-6. Green construction and cost saving measures.
(a)
The general assembly encourages:
(1)
The use of green and sustainable building materials, techniques, and standards, including those enacted by the general assembly in the Rhode Island green buildings act, chapter 24 of title 37; and
(2)
The use of highly efficient energy systems, the use of water conservation measures, and the potential use of on-site renewable energy generation in the development and construction of the project.
(b)
In furtherance of building energy efficient and sustainable projects, the general assembly encourages the use of financing programs available through the Rhode Island infrastructure bank established pursuant to chapter 12.2 of title 46, including, to the extent practicable, the state revolving funds and the efficient buildings fund, which provide low-cost financing for eligible renewable and energy efficiency, stormwater abatement, water conservation, and other sustainable infrastructure projects.
History of Section.
P.L. 2018, ch. 103, § 1; P.L. 2019, ch. 118, § 2; P.L. 2019, ch. 143, § 2.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-33.4 - City of Pawtucket Downtown Redevelopment Project › Section 45-33.4-7. - Severability.

§ 45-33.4-7. Severability.
If any provision of this chapter or the application thereof to any person or circumstances is held invalid, the invalidity shall not affect other provisions or applications of this chapter, which can be given effect without the invalid provision or application, and to this end the provisions of this act are declared to be severable.
History of Section.
P.L. 2018, ch. 103, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-34 - Health and Safety Authorities › Section 45-34-1. - Definitions.

§ 45-34-1. Definitions.
The following words and phrases as used in this chapter have the following meanings unless the context clearly states otherwise:
(1)
“Disposal of solid wastes” means the disposal of wastes in an incinerator, a sanitary landfill, a resource recovery facility, or other facility making final deposition, but does not include the collection of wastes from points of generation or the transportation of those collected wastes to transfer stations or facilities for interim storage;
(2)
“Legislative body” means the city council of any city;
(3)
“Municipality” means any city or town;
(4)
“Person” means and includes any individual, partnership, corporation, or association.
History of Section.
P.L. 1958, ch. 168, § 1; P.L. 1974, ch. 176, § 3.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-34 - Health and Safety Authorities › Section 45-34-2. - Power of municipality to enter into agreements relative to disposal of wastes.

§ 45-34-2. Power of municipality to enter into agreements relative to disposal of wastes.
In addition to the powers previously granted by any general or public law, any municipality or group of two (2) or more municipalities may, individually or collectively, pledge the credit of the municipality or groups of municipalities by written agreement with any person for the purpose of providing for the municipality or municipalities real and personal property or other facilities for use in disposal of liquid wastes and solid wastes, provided, that in the case of solid wastes, the agreements must be approved by the solid waste management corporation.
History of Section.
P.L. 1958, ch. 168, § 1; P.L. 1974, ch. 176, § 3.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-34 - Health and Safety Authorities › Section 45-34-3. - Agreements — How authorized.

§ 45-34-3. Agreements — How authorized.
Waste disposal agreements are entered into on behalf of the municipality or municipalities upon a vote of the respective financial town meeting or the legislative body of the municipality as may be empowered to appropriate and expend moneys for matters relating to the public health and safety, and these contracts may be signed by the officials who may now contract for each municipality respecting expenditures for these purposes.
History of Section.
P.L. 1958, ch. 168, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-34 - Health and Safety Authorities › Section 45-34-4. - Lease and equipment.

§ 45-34-4. Lease and equipment.
Waste disposal agreements may provide for the lease of land by the municipality or municipalities from any person, or for the erection of buildings and facilities for disposal of waste by any person with provisions for the leasing of the facilities to the municipality or municipalities and with or without an option to purchase the land and/or facilities. The agreements may also provide for furnishings and equipment and other related facilities by a person by way of lease and, with or without, option for purchase during or at the termination of the lease by the municipality or municipalities. No lease entered into pursuant to this chapter shall be for a period extending beyond twenty-five (25) years from the date of entry.
History of Section.
P.L. 1958, ch. 168, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-34 - Health and Safety Authorities › Section 45-34-5. - Contributions.

§ 45-34-5. Contributions.
In the event two (2) or more municipalities jointly enter into an agreement or agreements, the proportion of the moneys to be paid by each of the municipalities shall be determined and stated in the agreement based, from time to time, upon the percentage of population of each municipality within the group in relation to the entire population to be served by the facilities, together with other factors that may be equitable; as, but not limited to, amounts of industrial and commercial wastes in any of the municipalities, and allowance to that municipality in which the disposal facilities may be located.
History of Section.
P.L. 1958, ch. 168, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-35 - Conservation Commissions › Section 45-35-1. - Authority to create commission — Purpose.

§ 45-35-1. Authority to create commission — Purpose.
City or town councils have the authority to create a commission, to be called the conservation commission, the purpose of which is to promote and develop the natural resources, protect the watershed resources, and preserve natural esthetic areas within municipalities. The commission shall conduct researches into its local land areas and seek to coordinate the activities of unofficial bodies organized for similar purposes, and may advertise, prepare, print, and distribute books, maps, charts, plans, and pamphlets which in its judgment it deems necessary for its work. It shall make and keep an index of all open spaces within the city or town, publicly or privately owned, including open marshlands, swamps, and other wetlands for the purpose of obtaining information on the proper use of those areas. It may recommend to municipal councils, boards, or agencies, a program for the better promotion, development, utilization, or preservation of open areas, streams, shores, wooded areas, roadsides, swamps, marshlands, and natural esthetic areas. It shall keep accurate records of its meetings and actions and file an annual report. It has power to appoint, subject to any personnel procurement program ordained by the city or town, clerks and other employees it may from time to time require.
History of Section.
P.L. 1960, ch. 203, § 1; P.L. 1965, ch. 139, § 1.
2023 Rhode Island General Laws › Title 45 - Towns and Cities › Chapter 45-35 - Conservation Commissions › Section 45-35-2. - Appointment of commission members.

§ 45-35-2. Appointment of commission members.
The commission shall consist of three (3) to seven (7) members appointed by the mayor with the advice and consent of the city council, or by the town council, or by any authority designated in its city or town charter. The members of the commission shall be appointed for three (3) year terms, except the initial appointments of some of the members shall be for less than three (3) years to the end that the initial appointments shall be staggered and so that all subsequent vacancies shall not reoccur at the same time. In the event of a vacancy, interim appointments may be made by the appointing authority to complete the unexpired term of the position. Duly incorporated and existing wildlife, conservation, sportsmen’s, horticultural, or like organizations may present to the appointing authority a list of qualified citizens from which lists the appointing authority must select at least three (3) members of the commission and from which list the appointing authority may select the remainder.
History of Section.
P.L. 1960, ch. 203, § 2.