Section 39-16-17. – Money of authority.
§ 39-16-17. Money of authority. All money of the authority, from whatever source derived, shall be paid to the treasurer of the authority. The money on receipt shall be deposited forthwith in a separate bank account or accounts. The money in the accounts shall be paid out on check of the treasurer, on requisition by […]
Section 39-16-18. – Right to alter, amend, or repeal chapter.
§ 39-16-18. Right to alter, amend, or repeal chapter. The right to alter, amend, or repeal this chapter is hereby expressly reserved, but no such alteration, amendment, or repeal shall operate to impair the obligation of any contract made by the authority under any power conferred by this chapter. History of Section.P.L. 1946, ch. 1740, […]
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. […]
Section 39-16-9. – Application of public utility law — Rate determination.
§ 39-16-9. Application of public utility law — Rate determination. Notwithstanding the proviso contained in the definition of “public utility” in § 39-1-2, chapters 1 — 5 of this title shall apply to the water district created by this chapter and to the governing body thereof, and notwithstanding anything contained in this chapter with respect […]
Section 39-16-10. – Power to issue bonds — Pledge of revenues.
§ 39-16-10. Power to issue bonds — Pledge of revenues. The authority shall have the power and is hereby authorized from time to time to issue its negotiable bonds for any of its corporate purposes and to secure the payment of the bonds as may be provided in the resolution or resolutions authorizing the bonds. […]