§ 46-3-15. Application of assessment proceeds.
The proceeds of the assessments, whether or not pledged for the payment of securities, shall be segregated from other funds of the municipality, and shall be used only to pay for the construction of the erosion control system or particular portion thereof in respect to which the assessments are made or, as the case may be, for the payment of the interest on, or principal of, any securities issued to pay for the system or particular part thereof.
History of Section.P.L. 1956, ch. 3837, § 10; G.L. 1956, § 46-3-15.
Structure Rhode Island General Laws
Title 46 - Waters and Navigation
Chapter 46-3 - Shore Development
Section 46-3-1. - Short title.
Section 46-3-2. - Declaration of purpose.
Section 46-3-3. - “Municipality” defined.
Section 46-3-4. - Cooperation with federal government — Prevention of erosion.
Section 46-3-5. - Beach areas classed as exposed — Extent of areas.
Section 46-3-6. - State payments toward acquisition of exposed beach areas.
Section 46-3-7. - Designation of exposed areas — Protective works.
Section 46-3-8. - Application for state aid.
Section 46-3-9. - Cooperative agreements with municipalities.
Section 46-3-10. - Condemnation of property.
Section 46-3-11. - Municipal bonds authorized.
Section 46-3-12. - Assessments against property benefited authorized.
Section 46-3-13. - Property subject to assessment — Costs included.
Section 46-3-14. - Apportionment of assessments.
Section 46-3-15. - Application of assessment proceeds.
Section 46-3-16. - Technical advice — Acquisition and supervision expense.
Section 46-3-17. - Title to land acquired — Municipal contributions.
Section 46-3-18. - Transfer of land to municipality.
Section 46-3-19. - Cost of construction — Federal assistance.
Section 46-3-20. - Authority of director — Federal assistance.