Rhode Island § 45-29-15 § 45-29-15. Agreement between city and authority as to payments to city.

Rhode Island Statutes

§ 45-29-15 — § 45-29-15. Agreement between city and authority as to payments to city.

Rhode Island·Title 45 Towns and cities·Ch. 45-29 Eminent Domain for Housing Authority Projects

§ 45-29-15. Agreement between city and authority as to payments to city.
An authority may petition the city which created it to institute proceedings under
            the provisions of §§ 45-29-13 — 45-29-32 to acquire property described in the petition which the authority certifies to be
            necessary for a project. If the petition is acted upon favorably by the city, there
            shall be a definite agreement entered into between the city and the authority in which
            shall be stated the amount to be paid by the authority to the city for the property,
            or in lieu of that, that the authority shall pay to the city all sums expended or
            required to be expended by the city in t

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§ 45-29-15. Agreement between city and authority as to payments to city.

An authority may petition the city which created it to institute proceedings under the provisions of §§ 45-29-13 — 45-29-32 to acquire property described in the petition which the authority certifies to be necessary for a project. If the petition is acted upon favorably by the city, there shall be a definite agreement entered into between the city and the authority in which shall be stated the amount to be paid by the authority to the city for the property, or in lieu of that, that the authority shall pay to the city all sums expended or required to be expended by the city in the acquisition of the property, and may require that the city receive, before proceeding with the acquisition of the property, assurances as to payment of reimbursement by the authority or otherwise as the city may deem advisable.

Rhode Island § 45-29-15 (§ 45-29-15. Agreement between city and authority as to payments to city.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.