2014 -- S 3139
Enacted 07/03/14
RELATING TO STATE AFFAIRS AND GOVERNMENT - QUONSET DEVELOPMENT CORPORATION
Introduced By: Senator Ryan W.Pearson
Date Introduced: June 20, 2014
It is enacted by the General Assembly as follows:
SECTION 1. Section 42-64.10-6 of the General Laws in Chapter 42-64.10 entitled "Quonset Development Corporation" is hereby amended to read as follows:
42-64.10-6. Additional general powers and duties. --
In addition to the powers enumerated in section
§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 section §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 economic development corporation as provided for in section §42-64-7.1;
(c) As the Rhode Island economic development corporation's true and lawful attorney as agent and attorney-in-fact and in the name, place and stead of the Rhode Island economic development corporation with respect to all property of the Rhode Island economic development 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, which that now are,
or hereafter, shall be, or become,
due, owing, or payable in respect to the Pproperty, 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 Pproperty,
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 Pproperty,
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 Pproperty, 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 which
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
economic development corporation, under or with respect to any indebtedness,
property, or other assets constituting
or securing any Pproperty.
(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 which
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 Pproperty,
including foreclosure, lease, sale, taking possession of, realization upon, or any other disposition of any Pproperty
or any collateral therefor or guarantee thereof.
(8) To exercise any powers and any
duties vested in the economic development corporation as a partner, joint
venturer, participant, or other joint
interest holder with respect to any Pproperty, or to concur (or not) with persons
jointly interested with the economic development corporation in any Pproperty.
(9) With respect to the Pproperty:
(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) tTo defend, or otherwise participate for, or in the
name of the economic development corporation in any legal, administrative,
arbitration, mediation, or other
proceedings; (iii) tTo process, determine, or adjudge any claim or
cause of action for, or in the name of, the economic development corporation; (iv) tTo
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 economic development
corporation; and (v) tTo 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 Pproperty,
and to pay taxes in connection with the Pproperty 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 sections §§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 section §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 section §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 storm-water 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.
SECTION 2. This act shall take effect upon passage.
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LC004673
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