§ 45-48.1-1. Creation. (a) There is created a body corporate and public and a political subdivision of the state, a special water district to be known as the West Greenwich water district located in the town of West Greenwich established for the purpose of providing adequate water supply to the residents of the district and […]
§ 45-48.1-10. Issuance of bonds and notes. (a) For the purpose of raising money to carry out the provisions of this chapter, the district is authorized and empowered to issue bonds and notes in anticipation of bonds. The bonds and notes may be issued hereunder as general obligations of the district or as special obligations […]
§ 45-48.1-11. Issuance of notes in anticipation of revenue or receipt of grants or other aid. The district may also provide by resolution for the issuance, from time to time, of temporary notes in anticipation of the revenues to be collected or received by the district in any year, or in anticipation of the receipt […]
§ 45-48.1-12. Payment of bonds and notes. (a) The principal of premium, if any, and interest on all bonds and notes issued under the provisions of this chapter, unless otherwise provided herein, shall be general obligations of the district or shall be payable solely from the funds provided therefor from revenues as herein provided. (b) […]
§ 45-48.1-13. Refunding bonds and notes. The district may issue refunding bonds and notes for the purpose of paying any of its bonds or notes at maturity or upon acceleration or redemption. Refunding bonds and notes may be issued at a time prior to the maturity or redemption of the refunded bonds or notes as […]
§ 45-48.1-14. Defeasance of bonds or notes. The district may at any time deposit with a trustee, a sum sufficient, with amounts then on deposit, including the debt service reserve fund, to purchase direct or guaranteed obligations of the United States of America which are adequate to pay the entire principal amount of the bonds […]
§ 45-48.1-15. Credit of state and municipality not pledged. Bonds, notes and other evidences of indebtedness issued or entered into under the provisions of this chapter shall not be deemed to be a debt or a pledge of the faith and credit of the state or of any city or town, but shall be payable […]
§ 45-48.1-16. Moneys received deemed to be trust funds. All moneys received pursuant to the provisions of this chapter, whether as proceeds from the issue of bonds or notes or as revenues or otherwise, shall be deemed to be trust funds to be held and applied solely as provided in this chapter. History of Section.P.L. […]
§ 45-48.1-17. Bonds eligible for investment. The bonds and notes issued under the provisions of this chapter are hereby made securities in which all public officers and public bodies of the state and its political subdivisions, all insurance companies, trust companies in their commercial departments, savings banks, co-operative banks, banking associations, investment companies, executors, administrators, […]
§ 45-48.1-18. Bonds and notes issued without consent of other entities. Bonds and notes may be issued under this chapter without obtaining the consent of any department, division, commission, board, bureau or agency of the state or the town, including the public utilities commission and the division of public utilities pursuant to chapters 1 — […]
§ 45-48.1-19. Tax exemption. Except as may be required by chapter 15.3 of title 46, the district and all its revenues, income and real and personal property shall be exempt from taxation and from betterments and special assessments and the district shall not be required to pay any tax, excise or assessment to or for […]
§ 45-48.1-2. Composition of board. Except as otherwise provided in this chapter, the powers of the district shall be exercised by a board of three (3) members, each of whom shall be a resident of the district. These members shall be appointed by the town administrator of the town, subject to approval by the town […]
§ 45-48.1-20. Malicious damage — Civil and criminal penalties. If any person maliciously or wantonly destroys or damages any hydrant, pipe, aqueduct, conduit, machinery, equipment, appliance, or other property of the district used for the purposes provided for in this chapter, that person, whether principal or accessory, forfeits to the district, to be recovered by […]
§ 45-48.1-21. Records — Reports — Inspection. The district shall at all times keep full and accurate accounts of its receipts, expenditures, disbursements, assets and liabilities, which shall be open to inspection by any officer or duly appointed agent of the state or the town. History of Section.P.L. 2003, ch. 270, § 1; P.L. 2003, […]
§ 45-48.1-22. Termination or dissolution of district. Upon termination or dissolution of the district, the title to all funds and other properties owned by it which remain after payment of all bonds and notes and other obligations of the district shall vest in the town. History of Section.P.L. 2003, ch. 270, § 1; P.L. 2003, […]
§ 45-48.1-23. Inconsistent laws or ordinances inoperative. Except as otherwise provided herein, any provisions of any special law and part of any special law and all ordinances and parts of ordinances pertaining to the water works system which are inconsistent with the provisions of this chapter shall be inoperative and cease to be effective. History […]
§ 45-48.1-24. Provisions of act controlling. The provisions of this chapter shall be deemed to provide an exclusive, additional, alternative and complete method for the doing of the things authorized hereby and shall be deemed and construed to be supplemental and additional to, and not in derogation of, powers conferred upon the district by law; […]
§ 45-48.1-25. Pledge not to alter rights of district. The state does hereby pledge to and agree with the holders of the bonds, notes, and other evidences of indebtedness of the district that the state will not limit or alter rights hereby vested in the district until the bonds, notes, or other evidences of indebtedness, […]
§ 45-48.1-26. Construction of act. This chapter, being necessary for the welfare of the district and its inhabitants, shall be liberally construed to effect the purposes hereof. History of Section.P.L. 2003, ch. 270, § 1; P.L. 2003, ch. 364, § 1.
§ 45-48.1-27. Severability. This chapter shall be construed in all respects to meet all constitutional requirements. In carrying out the purposes and provisions of this chapter, all steps shall be taken which are necessary to meet constitutional or other legal requirements whether or not these steps are expressly required by statute. If, after the application […]
