Section 45-60-3. – General powers and duties of the board.
§ 45-60-3. General powers and duties of the board. (a) The board shall have all of the powers necessary and convenient to carry out and effectuate the purposes and provisions of this chapter, including, without limitation, those general powers provided to a nonprofit corporation and including, without limiting the generality of the foregoing, the power […]
Section 45-60-4. – Allocation system.
§ 45-60-4. Allocation system. (a) In determining the allocation of funds available for the purposes of this chapter, the board shall evaluate each proposal on the basis of the following criteria which may include, but not be limited to: (1) The need for a timely response to unpredictable circumstances or special opportunities to serve the […]
Section 45-60-5. – Annual report.
§ 45-60-5. Annual report. At the end of each fiscal year which is defined to begin on July 1 and continue through June 30 of each year, the board shall submit a report concerning its activities to the town council. More frequent reports may be given as requested. The report shall include, but not be […]
Section 45-60-6. – Imposition of seasonal rental tax, rate, procedure, enforcement, exemptions. [Contingent effective date; see notes.]
§ 45-60-6. Imposition of seasonal rental tax, rate, procedure, enforcement, exemptions. [Contingent effective date; see notes.] (a) It is hereby declared to be the legislative intent that every owner is exercising a taxable privilege who engages in the business of renting, leasing, letting, or granting a license to use any living quarters or sleeping or […]
Section 45-60-7. – Collections of seasonal rental tax.
§ 45-60-7. Collections of seasonal rental tax. (a) When receipt of consideration is by way of property other than money, the tax shall be levied and imposed on the fair market value of such nonmonetary consideration. (b) The owner of the seasonal rental shall remit the tax to the town treasurer for deposit into the […]
Section 45-60-2. – Block Island housing trust fund.
§ 45-60-2. Block Island housing trust fund. (a) There is created a special designated account to be known as the “Block Island housing fund.” The fund shall be administered by the board and expenditures from the fund are made only to implement and effectuate the policies and purposes of this chapter. Funds shall consist of […]
Section 45-60-1. – Creation of board.
§ 45-60-1. Creation of board. (a) There is created and established a body politic and corporate to be known as the “Block Island housing board” to carry out the provisions of this chapter. The board is constituted a public instrumentality exercising public and essential governmental functions, and the exercise by the board of the powers […]