2021 -- S 0987 | |
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LC002968 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2021 | |
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A N A C T | |
AMENDING AN ACT ESTABLISHING THE SMITHFIELD LAND TRUST | |
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Introduced By: Senator Stephen R. Archambault | |
Date Introduced: June 28, 2021 | |
Referred To: Senate Judiciary | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Sections 7 and 8 of Chapter 13 of the 2001 Public Laws entitled "An Act |
2 | Establishing the Smithfield Land Trust" are hereby amended to read as follows: |
3 | Section 7. The trust shall have the responsibility to recommend to the town council to: |
4 | (a) Purchase, receive by gift, or otherwise acquire fee simple or lesser interests in real |
5 | property, including development rights as defined in section 42-82-2 of the general laws, or any |
6 | interest in real property consistent with purposes of this act, including other development rights on |
7 | easements of any kind whatsoever; |
8 | (b) Accept gifts, grants or loans of funds or resources or services from any source, public |
9 | or private, and comply, subject to the provisions of this act, with any terms and conditions thereof |
10 | within the limits of its available funds; |
11 | (c) Accept from state and/or federal agencies, loans or grants or resources for use in |
12 | carrying out the trust's purposes and enter into agreements with such agencies respecting any such |
13 | loans or grants within the limits of its available funds; |
14 | (d) Employ counsel, auditors, engineers, surveyors, appraisers, private consultants, |
15 | advisors, secretaries or other personnel needed to perform its duties within the limits of its available |
16 | funds; |
17 | (e) Administer and manage land and interests in land held by it in a manner which allows |
18 | public use and enjoyment consistent with the natural and scenic resources thereof, including |
19 | conveyance of any such land or interests in land to, and contracts with, nonprofit organizations, |
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1 | provided such land shall continue to be used in a manner consistent with the purposes of this act |
2 | and with the terms of any grant or devise by which such land was acquired by the trust; |
3 | (f) Dispose of all or any portion of its real property or interests therein held by it, whenever |
4 | in the opinion of the trustees said lands or properties have become unsuitable or have ceased to be |
5 | used for the purpose set forth in this act. Such disposition shall be made only by a vote of the |
6 | trustees in which at least six (6) members vote in favor of such a disposition and further only after |
7 | having been approved by a two thirds (2/3) four-fifths (4/5) affirmative vote of the town council at |
8 | an annual or special financial town meeting of the town. Nothing in this subsection shall be |
9 | construed to authorize the sale, lease or conveyance of lands or improvements held by the trust as |
10 | part of a charitable trust or acquired by gift or devise for the public use, whether or not such gift or |
11 | devise is subject to a condition subsequent or reverter. |
12 | Section 8. All funds collected by virtue of the town's bonding authority for the purpose of |
13 | financing the activities of the trust under this act shall be deposited in a reserve fund by the town |
14 | treasurer. Additional moneys or other liquid assets received as voluntary contributions, grants or |
15 | loans, funds appropriated to the trust by vote of the annual town meeting or special appropriation |
16 | process, or proceeds from disposal of real property or interests shall be deposited into said account. |
17 | All operating expenses lawfully incurred by the trust in carrying out the provisions of this act shall |
18 | be evidenced by proper vouchers and shall be paid by the treasurer of the town only upon |
19 | submission of invoices approved by the trust and by the town manager. The treasurer of the town |
20 | shall prudently invest available assets of the funds, and all income thereon shall accrue to the fund. |
21 | The decision to dissolve the trust shall only result after a vote of the trustees in which at |
22 | least six (6) members vote to recommend dissolution of the trust to the town council. The town |
23 | council shall then hold a public hearing on the recommendation to dissolve. At the conclusion of |
24 | the public hearing the town council shall vote on the matter within forty-five (45) days of said |
25 | hearing. Dissolution shall require three (3) affirmative votes of the town council. |
26 | Upon termination or dissolution of the trust, the title of all funds and other properties owned |
27 | by the trust which remain after payment or making provision for payment of all bonds, notes and |
28 | other obligations of the trust shall vest in the town which shall manage the lands of the dissolved |
29 | trust in the same manner for which such lands were donated or purchased in the best interest of the |
30 | purposes of the dissolved trust. If in the opinion of the town council said land of the dissolved trust |
31 | no longer meet the purposes set forth in this act, the town may dispose of said lands upon a two |
32 | thirds (2/3) four-fifths (4/5) affirmative vote of the town council at an annual or special financial |
33 | town meeting of the town. |
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1 | SECTION 2. This act shall take effect upon passage. |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
AMENDING AN ACT ESTABLISHING THE SMITHFIELD LAND TRUST | |
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1 | This act would amend the public law establishing the Smithfield Land Trust by requiring |
2 | a four-fifths (4/5) affirmative vote of the town council to dispose of land that no longer meets the |
3 | needs of the trust. |
4 | This act would take effect upon passage. |
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