Section 45-59-8. – The authority.
§ 45-59-8. The authority. The district management authority thus created will be a body corporate and politic and an instrumentality and agency of the municipality within which the management district is located but having a distinct legal existence from the municipality. It is hereby declared that in exercising the powers granted to it by this […]
Section 45-59-1. – Short title.
§ 45-59-1. Short title. This chapter will be known and may be cited as the “District Management Authorities Act.” History of Section.P.L. 2001, ch. 205, § 1; P.L. 2001, ch. 373, § 1.
Section 45-59-2. – Legislative findings and purpose.
§ 45-59-2. Legislative findings and purpose. (a) It is found and declared that: (1) The continued vitality of the business districts in the towns and cities of the state is essential to retaining existing businesses and attracting new enterprises. (2) The financial condition of certain of the larger municipalities of the state do not permit […]
Section 45-59-3. – Definitions and construction.
§ 45-59-3. Definitions and construction. (a) As used in this chapter, unless the context otherwise requires, the term: (1) “Chief elected officer” means the official, elected by the voters of a municipality or appointed by the members of the elected legislative body of the municipality, who exercises day-to-day executive authority over the municipality’s affairs. (2) […]
Section 45-59-4. – Creation of district or subdistrict.
§ 45-59-4. Creation of district or subdistrict. A management district may be created by an ordinance or resolution enacted by the city or town council of any municipality (as defined in § 45-59-3(5)) upon the written petition of persons owning real property located within the proposed district as provided in this chapter. A management district […]
Section 45-59-5. – Contents of petition — Signers.
§ 45-59-5. Contents of petition — Signers. (a) The written petition will be signed by persons who own real property located within the proposed district, and if the petition provides for one or more subdistricts, within the subdistricts, constituting, in the aggregate, sixty percent (60%) of the aggregate assessed valuation of all real property, not […]
Section 45-59-6. – Public hearing on petition.
§ 45-59-6. Public hearing on petition. (a) The city or town council to which the petition is submitted will forthwith and in any event no later than ninety (90) days after the receipt of the petition hold a public hearing for the purpose of receiving comments from all interested persons on the approval of the […]