Rhode Island General Laws 42-64.10-6. Additional general powers and duties
In addition to the powers enumerated in § 42-64.10-5, except to the extent inconsistent with any specific provision of this chapter, the corporation shall have and may exercise additional general powers:
(a) As set forth in § 42-64-7 necessary or convenient to effect its purposes; provided, however, that the corporation shall not have the power to issue bonds or notes or exercise eminent domain;
(b) As a subsidiary of the Rhode Island commerce corporation as provided for in § 42-64-7.1;
(c) As the Rhode Island commerce corporation’s true and lawful attorney as agent and attorney-in-fact and in the name, place and stead of the Rhode Island commerce corporation with respect to all property of the Rhode Island commerce corporation at Quonset Business Park (hereinafter referred to as “the Property”) and for the purposes hereinafter set forth:
(1) To ask, demand, recover, collect, receive, hold, and possess all sums of money, debts, dues, goods, wares, merchandise, chattels, effects, bonds, notes, checks, drafts, accounts, deposits, safe deposit boxes, interests, dividends, stock certificates, certificates of deposit, insurance benefits and proceeds, documents of title, personal and real property, tangible and intangible property, and property rights, liquidated or unliquidated, that now are, or hereafter, shall be, or become, due, owing, or payable in respect to the property, and upon receipt thereof, or of any part thereof, to make, sign, execute, and deliver such receipts, releases, or other discharges for the same as the corporation shall deem proper.
(2) To lease, purchase, exchange and acquire, and to bargain, contract, and agree for the lease, purchase, exchange, and acquisition of, and to take, receive, possess, and manage any real or personal property related in any way to the property, tangible and intangible, or any interest therein.
(3) To enter into and upon all and each of the real properties constituting a part of, or related in any way, to the property, and to let, manage, and improve the real property or any part thereof, and to repair or otherwise improve or alter, and to insure any buildings or structures thereon.
(4) To market and sell, either at public or private sale, or exchange any part or parts of the real or personal properties, including indebtedness or evidence thereof, constituting a part of or related in any way to the property, including sales on credit, and for that purpose to execute and receive all promissory notes, bonds, mortgages, deeds of trust, security agreements, and other instruments that may be necessary or proper, and to bargain, contract, and agree with respect to the sale or exchange of such properties; and to execute and deliver good and sufficient deeds, bills of sale, assignments, or other instruments or endorsements for the conveyance or transfer of the same; and to give receipts for all or any part of the purchase price or other consideration.
(5) To sign, endorse, execute, acknowledge, deliver, receive, and possess such applications, contracts, agreements, options, covenants, deeds, conveyances, trust deeds, mortgagees deeds, security agreements, bills of sale, leases, mortgages, assignments, insurance policies, bills of lading, warehouse receipts, documents of title, bills, bonds, debentures, checks, drafts, bills of exchange, notes, stock certificates, proxies, warrants, commercial paper, receipts, withdrawal receipts, and deposit instruments relating to accounts or deposits in, or certificates of deposit of, banks, savings and loan or other institutions or associations, proofs of loss, evidences of debts, releases, and satisfactions of mortgages, judgments, liens, security agreements, and other debts and obligations, and other instruments in writing of whatever kind and nature as be necessary or proper in the exercise of the rights and powers herein granted.
(6) To enter into subordination agreements, inter-creditor agreements, reinstatement agreements, “stand still” and “stand-by” agreements, modification agreements, forbearance agreements, and other contracts having the effect of subordinating, modifying, renewing, restructuring or otherwise altering the rights, obligations, or liabilities of the commerce corporation, under or with respect to any indebtedness, property, or other assets constituting or securing any property.
(7) To make demands, give notices of default, notices of intention to accelerate, notices of acceleration, or such other notices as the corporation deems necessary or appropriate, and to take other actions and exercise other rights that may be taken under the terms of any loan agreements, security agreements, guaranties, or other documents or agreements evidencing, or otherwise relating to, the property, including foreclosure, lease, sale, taking possession of, realization upon, or any other disposition of any property or any collateral therefor or guarantee thereof.
(8) To exercise any powers and any duties vested in the commerce corporation as a partner, joint venturer, participant, or other joint-interest holder with respect to any property, or to concur (or not) with persons jointly interested with the commerce corporation in any property.
(9) With respect to the property: (i) To sue on, or otherwise prosecute, any claim or cause of action, or commence or seek any legal, equitable, or administrative or other remedy in any legal, administrative, arbitration, mediation, or other proceeding whatsoever (including, non-judicial repossessions and foreclosures or similar actions to recover collateral); (ii) To defend, or otherwise participate for, or in the name of, the commerce corporation in any legal, administrative, arbitration, mediation, or other proceedings; (iii) To process, determine, or adjudge any claim or cause of action for, or in the name of, the commerce corporation; (iv) To compromise, settle, discharge or resolve, or make, execute, or deliver any endorsements, acquittances, releases, receipts, or other discharges of any claim, cause of action, determination, judgment, or other proceeding for, or in the name of, the commerce corporation; and (v) To prepare, execute, and file ad valorem, franchise and other tax returns, protests and suits against taxing authorities, and to prepare, execute, and file other governmental or quasi-governmental reports, declarations, applications, requests and documents in connection with any property, and to pay taxes in connection with the property as the corporation deems necessary or appropriate, or as otherwise required by law.
(10) Any third party shall be entitled to rely on a writing signed by the corporation to conclusively establish the identity of a particular Property as property for all purposes hereof.
(d) To own, hold, improve, operate, manage, and regulate utilities at the Quonset Business Park and to establish rates, fees, and charges, to adopt regulations, and to impose penalties for any services or utilities it provides, or causes to have available, and to have functions and exercise powers as necessary and appropriate under the provisions of §§ 42-64-4, 42-64-7.4, 42-64-7.8, 42-64-7.9 and 42-64-9.1 — 42-64-9.10, inclusive.
(e) To enter into agreements with any city, town, district, or public corporation with regard to application and/or administration of zoning or other land use ordinances, codes, plans, or regulations, and cities, towns, districts, and public corporations are hereby authorized and empowered, notwithstanding any other law to the contrary, to enter into such agreements with the corporation and to do all things necessary to carry out their obligations under such agreements; in the absence of any such agreement the corporation shall act in accordance with the provisions of § 42-64-13.
(f) To enter into agreements, including with any state agency, city, town, district, or public corporation, for the provision of police, security, fire, sanitation, health protection, and other public services.
(g) To be exempt from taxation and to enter into agreements for payments in lieu of taxes as provided for in § 42-64-20.
(h) To establish a stormwater management and conveyance system and regulate connections, user fees, charges and assessments in connection therewith. In particular, the corporation shall have full and complete power and authority to:
(1) Limit, deny, or cause appropriate direct or indirect connections to be made between any building or property located in the Quonset Business Park, or from any location outside the boundaries of the Quonset Business Park and discharging into the corporation’s stormwater management and conveyance systems. The corporation may prescribe those rules and regulations for stormwater runoff, that in the opinion of the corporation, are necessary and appropriate for the maintenance and operation of the stormwater management and conveyance systems, and may establish, from time to time, rules and regulations relating to stormwater management in the Quonset Business Park. Any person or entity having an existing connection to the stormwater management and conveyance systems or currently discharging into such systems, will obtain a permit from the corporation in accordance with its rules and regulations. No person or entity shall, without first being granted a written permit from the corporation in accordance with its rules and regulations, make any future connection or permit any runoff from any structure or property to any stormwater management and conveyance systems, or any appurtenance thereto, without first being granted a written permit from the corporation in accordance with its rules and regulations.
(2) Compel any person or entity within the Quonset Business Park, for the purpose of stormwater runoff, to establish a direct connection on the property of the person or entity, or at the boundary thereof, to the corporation’s stormwater management and conveyance systems. These connections shall be made at the expense of such person or entity. The term “appurtenance” as used herein shall be construed to include adequate pumping facilities, whenever the pumping facilities shall be necessary to deliver the stormwater runoff to the stormwater management and conveyance systems.
(3) Assess any person or entity having a direct or indirect connection (including, without limitation, via runoff) to the Quonset Business Park stormwater management and conveyance systems the reasonable charges for the use, operation, maintenance, and improvements to the systems. The corporation shall also be entitled, in addition to any other remedies available, to assess fines for violations of the rules and regulations established by the corporation with respect to stormwater management.
(4) Collect the fees, charges, and assessments from any person or entity so assessed. Each person or entity so assessed shall pay the fees, charges, or assessments within the time frame prescribed by the rules and regulations of the corporation. The corporation may collect the fees, charges, and assessments in the same manner in which taxes are collected by municipalities, with no additional fees, charges, assessments, or penalties (other than those provided for in chapter 9 of Title 44). All unpaid charges shall be a lien upon the real estate of the person or entity. The lien shall be filed in the records of land evidence for the city or town in which the property is located and the corporation shall simultaneously, with the filing of the lien, give notice to the property owner. Owners of property subject to a lien for unpaid charges are entitled to a hearing within fourteen (14) days of the recording of the lien.
(5) Notwithstanding the provisions of subsection (h)(4) of this section, the corporation is authorized to terminate the water supply service or prohibit the use of the corporation’s stormwater management and conveyance systems of any person or entity for the nonpayment of storm water management user fees, charges, and assessments. The corporation shall notify the user of termination of water supply or use of the stormwater management and conveyance systems at least forty-eight (48) hours prior to ceasing service. The corporation may assess any person or entity any fees, charges, and assessments affiliated with the shut off and restoration of service.
(6) Without in any way limiting the foregoing powers and authority, the corporation is also hereby empowered to: (i) Establish a fee system and raise funds for administration and operation of the stormwater management and conveyance systems; (ii) Prepare long-range, stormwater management master plans; (iii) Implement a stormwater management district; (iv) Retrofit existing structures to improve water quality or alleviate downstream flooding or erosion; (v) Properly maintain existing stormwater management and conveyance systems; (vi) Hire personnel to carry out the functions of the stormwater management and conveyance systems; (vii) Receive grants, loans, or funding from state and federal water-quality programs; (viii) Grant credits to property owners who maintain retention and detention basins or other filtration structures on their property; (ix) Make grants for implementation of stormwater management plans; (x) Purchase, acquire, sell, transfer, or lease real or personal property; (xi) Impose liens; (xii) Levy fines and sanctions for noncompliance; (xiii) Provide for an appeals process; and (xiv) Contract for services in order to carry out the function of the stormwater management and conveyance systems.
(i) To purchase and obtain water supply and water service from any city, town, water district, or other water supply authority. In particular, the corporation is authorized to:
(1) Enter into agreements or contracts with any city, town, county, water district, or other water supply authority to purchase, acquire, and receive water supply and water service.
(2) Enter into cooperative agreements with cities, towns, counties, water districts, or other water supply authorities for the interconnection of facilities or for any other lawful corporate purposes necessary or desirable to effect the purposes of this chapter.
(3) Connect the water supply system at Quonset Business Park with any city, town, county, water district, or other water supply authority that receives or has a connection with the city of Providence and/or the Providence Water Supply Board (or any successor thereof) and purchase, connect to, receive, and enter into agreements to receive water supply from any city, town, county, water district, or other water supply authority regardless of the origin of such water supply. The city of Providence and the Providence Water Supply Board (and any successor thereof) are authorized and directed to supply water to the Quonset Business Park either directly or via connections between the Quonset Development Corporation and any city, town, county, water district, or other water supply authority, notwithstanding any terms to the contrary in any agreement, including, without limitation, any agreement between any city, town, county, water district, or other water supply authority and the city of Providence and/or the Providence Water Supply Board (or its or their predecessors), or the provisions of chapter 16 of Title 39. In addition, the provisions of § 18 of chapter 1278 of the public laws of Rhode Island of 1915 as amended, and any other public law that would conflict with the terms hereof, are hereby amended to authorize the provision of water supply by the city of Providence and the Providence Water Supply Board (or any successor thereof) to the Quonset Business Park and to authorize any additional connections in accordance herewith. There shall be no requirement that the corporation demonstrate public necessity before entering into such agreements, connecting to such water supplies, or receiving such water as described in this subsection, but the corporation shall be subject to the other applicable provisions of chapter 15 of Title 46.
History of Section.
P.L. 2004, ch. 351, § 3; P.L. 2004, ch. 360, § 3; P.L. 2014, ch. 468, § 1; P.L. 2017, ch. 12, § 1; P.L. 2017, ch. 29, § 1.
Terms Used In Rhode Island General Laws 42-64.10-6
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
- Board: means the board of directors of the corporation. See Rhode Island General Laws 42-64.10-4
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: means the Quonset Development Corporation. See Rhode Island General Laws 42-64.10-4
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Forbearance: A means of handling a delinquent loan. A
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- in writing: include printing, engraving, lithographing, and photo-lithographing, and all other representations of words in letters of the usual form. See Rhode Island General Laws 43-3-16
- Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Lien: A claim against real or personal property in satisfaction of a debt.
- person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6
- Personal property: All property that is not real property.
- Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
- Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
- Quonset Business Park: means former Navy lands in the town of North Kingstown, and lands related thereto, and personal property thereon, which are or have been owned, leased, managed and/or under the control of the economic development corporation. See Rhode Island General Laws 42-64.10-4
- real estate: may be construed to include lands, tenements, and hereditaments and rights thereto and interests therein. See Rhode Island General Laws 43-3-10
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- town: may be construed to include city; the words "town council" include city council; the words "town clerk" include city clerk; the words "ward clerk" include clerk of election district; the words "town treasurer" include city treasurer; and the words "town sergeant" include city sergeant. See Rhode Island General Laws 43-3-9
- User fees: Fees charged to users of goods or services provided by the government. In levying or authorizing these fees, the legislature determines whether the revenue should go into the treasury or should be available to the agency providing the goods or services.