Notwithstanding the provisions of § 44-3-9, the West Warwick Town Council may stabilize real and tangible property taxes in connection with the development and construction of a hotel/waterpark to be located in the West Warwick Business Park for a period not to exceed twenty-five (25) years.
Authority for business property tax adjustment — West Warwick
R.I. Gen. Laws § 42-64.3-9.1., under Chapter 42-64.3 Distressed Areas Economic Revitalization Act.
R.I. Gen. Laws § 42-64.3-9.1.