§ 45-33-4. Appropriations, borrowing, and loans by cities and towns.
Any community in this state is authorized to appropriate moneys raised by taxes or other funds, including, but not limited to, funds in the redevelopment revolving fund, and to borrow money as provided in chapters 31 — 33 of this title, and may lend or give the money to any redevelopment agency established by it for the purpose of acquiring property in any project area or for the clearance and preparation of any project area for redevelopment or for financing, or otherwise assisting in the carrying out of any redevelopment plan or to effectuate the purposes and provisions of chapters 31 — 33 of this title.
History of Section.P.L. 1956, ch. 3654, § 43; G.L. 1956, § 45-33-4.
Structure Rhode Island General Laws
Chapter 45-33 - Redevelopment Financing
Section 45-33-1. - Establishment of revolving fund.
Section 45-33-2. - Bonds of city or town.
Section 45-33-3. - Abolition of revolving fund.
Section 45-33-4. - Appropriations, borrowing, and loans by cities and towns.
Section 45-33-5. - Power to issue bonds — Revenue and mortgage bonds.
Section 45-33-6. - Restrictions on liability on bonds.
Section 45-33-7. - Terms and form of bonds.
Section 45-33-8. - Terms and covenants permissible in bonds.
Section 45-33-10. - Continuing validity of signatures — Negotiability of bonds.
Section 45-33-11. - Recitals as to purpose of bonds.
Section 45-33-12. - Remedies of obligees.
Section 45-33-13. - Additional remedies conferrable on obligees.
Section 45-33-14. - Tax exemption of bonds.
Section 45-33-15. - Bonds as legal investments.
Section 45-33-16. - Financial assistance by other public agencies.