Rhode Island General Laws
Chapter 45-32 - Redevelopment Projects
Section 45-32-49. - Guarantee and acceptance of responsibility by community.

§ 45-32-49. Guarantee and acceptance of responsibility by community.
(a) Any community, for the purpose of aiding in the undertakings authorized by § 45-32-48, notwithstanding any other provisions of the general laws, has the power and right to assume the responsibility for and to guarantee repayment of any loan made to an agency by private financial institutions or the federal government on terms and conditions that it may deem proper and to bear any loss which may arise as the result of the acquisition of the real property, all administrative costs and other payments relating thereto, including the management thereof, the actual sums disbursed to the occupants for relocation expenses (notwithstanding the limitation in amount imposed by § 45-31-27), the demolition and removal of buildings or structures on the real property, and the clearance and improvement of the land so acquired, in the event the redevelopment plan for the project is not approved or is amended to omit any or all property, or is abandoned for any reason.
(b) No guarantee or responsibility shall be executed or assumed by any community until the legislative body of the community has passed an ordinance specifically authorizing the assumption of a guarantee and acceptance of responsibility.
(c) Before passing an ordinance, the legislative body of the community or its committee to which the proposed ordinance has been referred, shall hold a public hearing after giving notice of the date, time, place, and purpose.
(d) The notices shall be published not less than once a week for three (3) successive weeks prior to the hearing in a newspaper of general circulation published in the community or, if no newspaper is published in a community, then in a newspaper of general circulation in the community.
(e) At the public hearing, all interested persons or agencies shall have an opportunity to be heard and to submit communications in writing. The public hearing may be held jointly with the hearing required under § 45-32-4 and/or with the hearing required under § 45-32-11 if the legislative body so directs.
History of Section.P.L. 1962, ch. 178, § 1.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 45 - Towns and Cities

Chapter 45-32 - Redevelopment Projects

Section 45-32-1. - Compliance prerequisite to further proceedings.

Section 45-32-2. - Planning commission required.

Section 45-32-3. - General community plan — Minimum requirements.

Section 45-32-4. - Resolution or ordinance designating redevelopment area — Public hearing.

Section 45-32-5. - Corporate powers of agencies.

Section 45-32-6. - Selection of project areas — Formulation of redevelopment plans.

Section 45-32-7. - Submission of redevelopment plans — Conformity to master plan.

Section 45-32-8. - Contents of redevelopment plan.

Section 45-32-9. - Optional features of redevelopment plans.

Section 45-32-10. - Petition for zoning changes.

Section 45-32-11. - Notice of hearing on plan.

Section 45-32-12. - Conduct of hearing.

Section 45-32-13. - Adoption of plan.

Section 45-32-14. - Provision for expenditure of money.

Section 45-32-15. - Declaration of intent to change streets.

Section 45-32-16. - Provision for payment for property condemned.

Section 45-32-17. - Finding as to federal aid.

Section 45-32-18. - Provisions for control of uses.

Section 45-32-19. - Power over zoning ordinances.

Section 45-32-20. - Contents of adoptive ordinance.

Section 45-32-21. - Responsibility for carrying out plan.

Section 45-32-22. - Further proceedings as to redevelopment — Actions to contest validity.

Section 45-32-23. - Modification of plan.

Section 45-32-24. - Power of eminent domain.

Section 45-32-24.1. - Finding with respect to use of the power of eminent domain with respect to recreational redevelopment projects that create and/or preserve jobs within the state and projects financed with incremental tax revenues.

Section 45-32-24.2. - Power of eminent domain with respect to recreational redevelopment projects that create and/or preserve jobs within the state and projects financed with incremental tax revenues.

Section 45-32-25. - Property devoted to other public use.

Section 45-32-25.1. - Transfer of property by the state.

Section 45-32-26. - Resolution of necessity for acquisition.

Section 45-32-27. - Filing of resolution, plat, and declaration.

Section 45-32-28. - Deposit in superior court of compensation for property taken.

Section 45-32-29. - Addition to or return of deposits.

Section 45-32-30. - Vesting of title to property taken.

Section 45-32-31. - Publication of resolution and declaration.

Section 45-32-32. - Service of notice of taking.

Section 45-32-33. - Payment of agreed price.

Section 45-32-34. - Trial by court on damages.

Section 45-32-35. - Representation of infants and incompetents.

Section 45-32-36. - Unknown owners.

Section 45-32-37. - Immediate payment of compensation — Expediting proceedings.

Section 45-32-38. - Orders as to charges on lands.

Section 45-32-39. - “Owner” defined.

Section 45-32-40. - Taxation of real property acquired.

Section 45-32-41. - Proration of property tax.

Section 45-32-42. - Cooperation by public bodies.

Section 45-32-43. - Work to be done by contract.

Section 45-32-44. - Compliance with federal wage and hours policies.

Section 45-32-45. - Joint action by different cities and towns.

Section 45-32-46. - Consent to inclusion of area in project of contiguous city or town.

Section 45-32-47. - Continuation of prior projects.

Section 45-32-48. - Authorized acquisition, relocation, and improvement expenses.

Section 45-32-49. - Guarantee and acceptance of responsibility by community.

Section 45-32-50. - Calculation of interest under condemnation.