Rhode Island § 42-64.9-2 § 42-64.9-2. Legislative findings and purpose.

Rhode Island Statutes

§ 42-64.9-2 — § 42-64.9-2. Legislative findings and purpose.

Rhode Island § 42-64.9-2

Title 42State Affairs and Government

Ch. 42-64.9Mill Building and Economic Revitalization Act

This text of Rhode Island § 42-64.9-2 (§ 42-64.9-2. Legislative findings and purpose.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 42-64.9-2 (2026).

Text

§ 42-64.9-2. Legislative findings and purpose.
It is found and declared that:
(1) Throughout the state of Rhode Island there are located numerous historic and industrial
            mill structures which over the past two (2) decades have experienced high vacancy
            rates and physical deterioration.
         
(2) Without added economic incentive, these structures are not viable for redevelopment
            and reuse by modern commercial and manufacturing enterprises and will continue their
            physical deterioration.
         
(3) The redevelopment and reuse of these historic industrial 

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§ 42-64.9-2. Legislative findings and purpose.

It is found and declared that:

(1) Throughout the state of Rhode Island there are located numerous historic and industrial mill structures which over the past two (2) decades have experienced high vacancy rates and physical deterioration.

(2) Without added economic incentive, these structures are not viable for redevelopment and reuse by modern commercial and manufacturing enterprises and will continue their physical deterioration.

(3) The redevelopment and reuse of these historic industrial mill structures are of critical importance to the economic well-being of the state of Rhode Island and its towns and cities.

(4) The adoption of certain economic incentive measures will assist in stimulating the reuse and redevelopment of Rhode Island's historic industrial mill structures, and will benefit the health, safety, welfare, and prosperity of the people of this state.