Title 42, Title 42 Affairs and Government

(a) The commission shall exercise its powers in a manner consistent with development plans approved for the I-195 redevelopment district by the commission. Such plans may be prepared without limitation by the commission in order to achieve the purposes of this chapter. Developmen…

The commission shall make as a condition to the sale or lease of any parcel of I-195 surplus land, as defined in § 37-5-8, or any portion thereof, to any not-for-profit, organization or entity that is otherwise exempt from municipal real estate taxes including, without limitation…

When a development plan is proposed that includes properties from both the I-195 surplus land and abutting property, and there is actual or contemplated identical ownership of both the I-195 surplus land and the abutting property, then the abutting property shall be subject to al…

The commission shall at all times keep full and accurate accounts of its receipts, expenditures, disbursements, assets, and liabilities, which shall be open to inspection by any officer or duly appointed agent of the state or the city. The commission shall report annually on: (1)…

Upon termination or dissolution of the district, the title to all funds and other properties owned by it that remain after payment of all bonds and notes and other obligations and liabilities of the district shall vest in the corporation.

Except as otherwise provided herein, any provisions of any special law and part of any special law and all ordinances and parts of ordinances pertaining to development within the district that are inconsistent with the provisions of this chapter shall be inoperative and cease to …

The state does hereby pledge to and agree with the holders of the bonds, notes, and other evidences of indebtedness of the commission that the state and the city will not limit or alter rights hereby vested in the commission, which affect the capacity or ability of the commission…

(a) The relocation of interstate route 195 within the city of Providence has resulted in the creation of surplus parcels of land available for sale and commercial, institutional and residential development and beneficial reuse, including without limitation to support or encourage…

This chapter is deemed necessary for the welfare of the state and its inhabitants and shall be liberally construed so as to effectuate its purposes. Insofar as the provisions of this chapter are inconsistent with the provisions of any law or ordinance, general, special, or local,…

(a) The provisions of § 42-64.14-9, I-195 redevelopment district life sciences jobs incentives program shall sunset on December 31, 2021. If an eligible life sciences company that was established in the district and participated in the life sciences jobs incentive program on or b…

If any clause, sentence, paragraph, section or part of this chapter shall be judged by any court or competent jurisdiction to be invalid, such judgment shall not affect, impair or invalidate the remainder thereof, but it shall be confined in its operation of the clause, sentence,…

The purposes of this chapter are to: (1) Create a state-local-private sector partnership to plan, implement, administer, and oversee the redevelopment of the surplus I-195 properties; and (2) Authorize, provide for, and facilitate the consolidated exercise of development and rede…

As used in this chapter, unless the context clearly indicates otherwise: (1) “Adjusted current employment” means, for any taxable year ending on or after January 1, 2012, the aggregate of the average daily number of full-time equivalent active employees employed within the state …

(a) The I-195 redevelopment district is hereby constituted as an independent public instrumentality and body corporate and politic for the purposes set forth in this chapter with a separate legal existence from the city of Providence and from the state and the exercise by the com…

(a) The powers of the district to achieve the purposes of this chapter shall be exercised by a commission as herein provided: The I-195 redevelopment district commission shall consist of seven (7) voting members. The governor of the State of Rhode Island shall appoint, with the a…

The commission shall have all the rights and powers reasonably necessary to carry out and effectuate this chapter, including, but not limited to, the rights and powers: (1) To sue and be sued, complain and defend, in its corporate name. (2) To have a seal that may be altered at p…

In addition to the powers of the commission otherwise provided herein, the commission shall have the powers set forth below and shall be subject to the limitations herein set forth. Except as may be expressly limited by action of the commission at a regular or special meeting, th…

(a) There shall be established a life sciences jobs incentive program which shall be administered by the I-195 redevelopment commission. The purpose of the program shall be to promote life sciences-related employment opportunities in the I-195 redevelopment district and to encour…