R.I. Gen. Laws § 45-33-1
Current through 2024 Public Law 457
The legislative body of any community, at any time after it has adopted a resolution declaring that there is a need for an agency to function in the community, may establish a redevelopment revolving fund. For the purpose of raising moneys to be deposited in that fund, the community may appropriate tax money or other funds, and/or issue and sell its general obligation or revenue bonds, and the moneys shall be used to effectuate the purposes and the provisions of chapters 31 - 33 of this title, upon resolution of the legislative body.
R.I. Gen. Laws § 45-33-1