Section 39-16-14. – Payments in lieu of taxes.
§ 39-16-14. Payments in lieu of taxes. The authority shall pay annually, having first made provision for the payment of principal and interest on any bonds outstanding and any other charges payable from revenues due in such year as may be provided in the resolution or resolutions authorizing any bonds, in lieu of any property […]
Section 39-16-15. – Pledge not to alter rights of authority.
§ 39-16-15. Pledge not to alter rights of authority. The state does hereby pledge to and agree with the holders of the bonds, notes, and other evidences of indebtedness of the authority that the state will not limit or alter rights hereby vested in the authority until the bonds, notes, or other evidences of indebtedness, […]
Section 39-16-1. – Definitions.
§ 39-16-1. Definitions. As used in this chapter the following definitions shall apply: (1) “Authority” means the corporation created by § 39-16-3. (2) “Board” means the members of the authority. (3) “Bonds” means the bonds, notes, or other obligations issued by the authority pursuant to this chapter. (4) “District” means the Kent County water district. […]
Section 39-16-2. – District created.
§ 39-16-2. District created. There is hereby created a district to be known as the Kent County water district, whose boundaries shall be coterminous with the boundaries of Kent County. Notwithstanding any finding by any court to the contrary, the Kent County water district shall be a political subdivision of the state. History of Section.P.L. […]
Section 39-16-3. – Board created.
§ 39-16-3. Board created. A board to be known as the Kent County Water Authority is hereby created. The powers of the public benefit corporation shall be vested in and exercised by a majority of the members of the board then in office. History of Section.P.L. 1946, ch. 1740, § 1; G.L. 1956, § 39-16-3; […]
Section 39-16-4. – Composition of board.
§ 39-16-4. Composition of board. (a) The board shall consist of seven (7) members, one member to be appointed by the town council of East Greenwich and two (2) members by the city council of the city of Warwick, and two (2) members each appointed by the town councils of the towns of Coventry and […]
Section 39-16-5. – Officers and employees of board.
§ 39-16-5. Officers and employees of board. The chairperson of the board shall be selected by the majority vote of the members of the board. The board shall appoint a secretary and a treasurer, who may or may not be a member of the board, and other employees as may be necessary in its judgment, […]
Section 39-16-6. – Compensation of members and agents.
§ 39-16-6. Compensation of members and agents. Each member of the board shall receive an annual salary not to exceed three thousand dollars ($3,000) per year, and shall be entitled to reimbursement of his or her actual and necessary expenses incurred in the performance of his or her official duties. The salaries, compensation, and expenses […]
Section 39-16-7. – Business prohibited to members.
§ 39-16-7. Business prohibited to members. No member of the authority shall directly or indirectly engage in any contract or agreement for labor or for the supply of materials for construction or reconstruction of the physical assets of the authority or replacements or additions thereto. History of Section.P.L. 1946, ch. 1740, § 1; P.L. 1955, […]
Section 39-16-8. – Powers of authority.
§ 39-16-8. Powers of authority. The authority shall have power: (1) To acquire property by voluntary purchase from the owner or owners thereof; and if the authority deems it advisable, to acquire any of the properties through the purchase of stock and obligations of a corporation owning the property and the dissolution of the corporation. […]