(a)  The director of the department of administration is hereby authorized and empowered to convey or lease for a term of one hundred (100) years the existing Washington county courthouse in West Kingston to the South County center for the arts upon the completion of a new courthouse. The sale or lease shall be for the sum of one dollar ($1.00).

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Terms Used In Rhode Island General Laws 37-8-1.1

  • 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

(b)  The association shall be responsible for all costs associated with the conveyance or lease to include maintenance, repair, and upkeep.

History of Section.
P.L. 1988, ch. 516, § 1.