§ 42-64-2 Legislative findings. – (a) It is found and declared that there exists in our state a condition ofsubstantial and persistent unemployment and underemployment which causeshardship to many individuals and families, wastes vital human resources,increases the public assistance burdens of the state, impairs the security offamily life, contributes to crime and delinquency, prevents many of our youthsfrom continuing their education, impedes the economic and physical developmentof municipalities and adversely affects the welfare and prosperity of ourstate; that many existing industrial, manufacturing, recreational andcommercial facilities in our state are obsolete and inefficient, anddilapidated; that many of these facilities are under-utilized or in the processof being vacated, creating additional unemployment; that technological advancesand the provision of modern and efficient industrial, manufacturing,recreational and commercial facilities in other states will speed theobsolescence and abandonment of existing facilities, causing serious injuriesto the economy of our state; that the drastic curtailment of federal militaryinstallations in our state presently being undertaken and the announcement bythe United States government of plans to relocate large numbers of militarypersonnel and their families presently on duty in this state has and willfurther result in an additional loss of employment and aggravate the overallunemployment conditions of the state; that new industrial, manufacturing,recreational, and commercial facilities are required to attract and house newindustries and thereby reduce the hazards of unemployment; that unaided effortsof private enterprises have not met and cannot meet the needs of providingthose facilities due to problems encountered in assembling suitable buildingsites, lack of adequate public service, unavailability of private capital fordevelopment, and the inability of private enterprise alone to plan, finance andcoordinate industrial, recreational, and commercial development; that theeconomic insecurity attendant to chronic and new unemployment and the absenceof new employment opportunities constitutes a serious menace for the safety,morals, and general welfare of the people of our state.
(b) It is further found and declared that the decision of theUnited States government to close certain military facilities located withinthe state (including those located in the towns of North Kingstown, Portsmouth,Middletown and Charlestown, and the city of Newport) and to dispose of theproperty comprising those facilities will, because many residents of the statewere employed by the United States government at those facilities, aggravatethe condition of employment and underemployment mentioned above. The UnitedStates government is authorized and intends to make available to the state orto an instrumentality thereof, the property to be disposed of and by virtue ofthe provisions of Public Laws 1939, chapter 696, certain land in the town ofNorth Kingstown shall revert to the state upon the abandonment by the UnitedStates government of the naval base located there. With comprehensive planningand adequate financing, the property can be converted to industrial,manufacturing, recreational, and commercial uses which will promote a healthyand growing economy, thereby encouraging new industries and commercialenterprises to locate in the state, enabling existing industries and commercialenterprises to remain and expand, and alleviating the condition of unemploymentand underemployment that now exists.
(c) It is further found and declared that notwithstanding thedecision of the United States government to dispose of the property mentionedabove, there will continue to be a shortage of property in the state forindustrial, manufacturing, recreational, and commercial development. Theexpansion of the economy, while increasing the need for that property, willcontinually diminish the supply of that property. Private enterprise hasencountered difficulty in providing new industrial, manufacturing,recreational, and commercial facilities in economically strategic areas of thestate, because of the problems in assembling tracts of property suitable forthose purposes and the cost of providing adequate public services to serve thedevelopment.
(d) It is further found and declared that the acquisition anddevelopment of property for industrial, manufacturing, recreational, andcommercial purposes (including the property to be disposed of by the UnitedStates government and that land reverting to the state pursuant to theprovisions of Public Laws 1939, chapter 696) and the disposition thereof, mustbe undertaken on a comprehensive statewide basis so as to assure that newindustrial, manufacturing, recreational, and commercial sites are adequatelyserved by appropriate transportation facilities and public services and thatthose sites are located in any manner as to provide for the orderly economicgrowth and development of the state, while at the same time conserving theenvironment. Local planning and development agencies and institutions areinsufficient to provide for that comprehensive statewide planning anddevelopment.
(e) It is further found and declared that the appropriatedevelopment of the property to be disposed of by the United States governmentand that land reverting to the state pursuant to Public Laws 1939, chapter 696will require development not only for industrial and commercial purposes butalso for transportation, residential, recreational, utility, institutional,civic, and community purposes.
(f) It is further found and declared that there exists in thestate blighted or substandard areas, or areas which are becoming blighted andsubstandard, including obsolete and dilapidated buildings and structures,defective construction, outmoded and obsolete design, lack of proper sanitaryfacilities, or adequate fire and safety protection, excessive land coverage,insufficient light and ventilation, illegal uses and conversions, inadequatemaintenance, buildings abandoned or not utilized in whole or in part, obsoletesystems of utilities, poorly or improperly designed street patterns andintersections, inadequate access to areas, inadequate transportationfacilities, all of which hamper or impede proper and economic growth of thearea as well as the state as a whole.
(g) It is further found and declared to be the public policyof the state to encourage the expansion and development of the state's harborsand ports; to foster and improve the handling of waterborne commerce from andto any port of this state and other states and foreign counties; to seek toeffect consolidation of the ports of this state and to promote a spirit ofcooperation among these ports in the interest of the state as a whole; toinitiate and further plan for the development of the ports of this state and tokeep informed as to the present and future requirements and needs of the portsof this state; also to furnish proper and adequate airport facilities withinthis state and to encourage the integration of these facilities so far aspracticable.
(h) In the furtherance of these goals, it is the policy ofthe state to retain existing industries and to induce, encourage, and attractnew industries through the acquisition, construction, reconstruction, andrehabilitation of industrial, manufacturing, recreational, and commercialfacilities, as well as transportation, residential, environmental, utility,public service, institutional, and civic and community facilities, and todevelop sites for those facilities.
(i) It is declared to be the policy of the state to promote avigorous and growing economy, to prevent economic stagnation, and to encouragethe creation of new job opportunities in order to ameliorate the hazards ofunemployment and underemployment, reduce the level of public assistance,increase revenues to the state and its municipalities, and to achieve a stablediversified economy.
(j) The purpose of this chapter is to create the Rhode Islandeconomic development corporation having an existence separate and apart fromthe state, with the power and authority to acquire and develop property withinthe state and to provide financing for the purposes set forth above in thischapter.
§ 42-64-2 Legislative findings. – (a) It is found and declared that there exists in our state a condition ofsubstantial and persistent unemployment and underemployment which causeshardship to many individuals and families, wastes vital human resources,increases the public assistance burdens of the state, impairs the security offamily life, contributes to crime and delinquency, prevents many of our youthsfrom continuing their education, impedes the economic and physical developmentof municipalities and adversely affects the welfare and prosperity of ourstate; that many existing industrial, manufacturing, recreational andcommercial facilities in our state are obsolete and inefficient, anddilapidated; that many of these facilities are under-utilized or in the processof being vacated, creating additional unemployment; that technological advancesand the provision of modern and efficient industrial, manufacturing,recreational and commercial facilities in other states will speed theobsolescence and abandonment of existing facilities, causing serious injuriesto the economy of our state; that the drastic curtailment of federal militaryinstallations in our state presently being undertaken and the announcement bythe United States government of plans to relocate large numbers of militarypersonnel and their families presently on duty in this state has and willfurther result in an additional loss of employment and aggravate the overallunemployment conditions of the state; that new industrial, manufacturing,recreational, and commercial facilities are required to attract and house newindustries and thereby reduce the hazards of unemployment; that unaided effortsof private enterprises have not met and cannot meet the needs of providingthose facilities due to problems encountered in assembling suitable buildingsites, lack of adequate public service, unavailability of private capital fordevelopment, and the inability of private enterprise alone to plan, finance andcoordinate industrial, recreational, and commercial development; that theeconomic insecurity attendant to chronic and new unemployment and the absenceof new employment opportunities constitutes a serious menace for the safety,morals, and general welfare of the people of our state.
(b) It is further found and declared that the decision of theUnited States government to close certain military facilities located withinthe state (including those located in the towns of North Kingstown, Portsmouth,Middletown and Charlestown, and the city of Newport) and to dispose of theproperty comprising those facilities will, because many residents of the statewere employed by the United States government at those facilities, aggravatethe condition of employment and underemployment mentioned above. The UnitedStates government is authorized and intends to make available to the state orto an instrumentality thereof, the property to be disposed of and by virtue ofthe provisions of Public Laws 1939, chapter 696, certain land in the town ofNorth Kingstown shall revert to the state upon the abandonment by the UnitedStates government of the naval base located there. With comprehensive planningand adequate financing, the property can be converted to industrial,manufacturing, recreational, and commercial uses which will promote a healthyand growing economy, thereby encouraging new industries and commercialenterprises to locate in the state, enabling existing industries and commercialenterprises to remain and expand, and alleviating the condition of unemploymentand underemployment that now exists.
(c) It is further found and declared that notwithstanding thedecision of the United States government to dispose of the property mentionedabove, there will continue to be a shortage of property in the state forindustrial, manufacturing, recreational, and commercial development. Theexpansion of the economy, while increasing the need for that property, willcontinually diminish the supply of that property. Private enterprise hasencountered difficulty in providing new industrial, manufacturing,recreational, and commercial facilities in economically strategic areas of thestate, because of the problems in assembling tracts of property suitable forthose purposes and the cost of providing adequate public services to serve thedevelopment.
(d) It is further found and declared that the acquisition anddevelopment of property for industrial, manufacturing, recreational, andcommercial purposes (including the property to be disposed of by the UnitedStates government and that land reverting to the state pursuant to theprovisions of Public Laws 1939, chapter 696) and the disposition thereof, mustbe undertaken on a comprehensive statewide basis so as to assure that newindustrial, manufacturing, recreational, and commercial sites are adequatelyserved by appropriate transportation facilities and public services and thatthose sites are located in any manner as to provide for the orderly economicgrowth and development of the state, while at the same time conserving theenvironment. Local planning and development agencies and institutions areinsufficient to provide for that comprehensive statewide planning anddevelopment.
(e) It is further found and declared that the appropriatedevelopment of the property to be disposed of by the United States governmentand that land reverting to the state pursuant to Public Laws 1939, chapter 696will require development not only for industrial and commercial purposes butalso for transportation, residential, recreational, utility, institutional,civic, and community purposes.
(f) It is further found and declared that there exists in thestate blighted or substandard areas, or areas which are becoming blighted andsubstandard, including obsolete and dilapidated buildings and structures,defective construction, outmoded and obsolete design, lack of proper sanitaryfacilities, or adequate fire and safety protection, excessive land coverage,insufficient light and ventilation, illegal uses and conversions, inadequatemaintenance, buildings abandoned or not utilized in whole or in part, obsoletesystems of utilities, poorly or improperly designed street patterns andintersections, inadequate access to areas, inadequate transportationfacilities, all of which hamper or impede proper and economic growth of thearea as well as the state as a whole.
(g) It is further found and declared to be the public policyof the state to encourage the expansion and development of the state's harborsand ports; to foster and improve the handling of waterborne commerce from andto any port of this state and other states and foreign counties; to seek toeffect consolidation of the ports of this state and to promote a spirit ofcooperation among these ports in the interest of the state as a whole; toinitiate and further plan for the development of the ports of this state and tokeep informed as to the present and future requirements and needs of the portsof this state; also to furnish proper and adequate airport facilities withinthis state and to encourage the integration of these facilities so far aspracticable.
(h) In the furtherance of these goals, it is the policy ofthe state to retain existing industries and to induce, encourage, and attractnew industries through the acquisition, construction, reconstruction, andrehabilitation of industrial, manufacturing, recreational, and commercialfacilities, as well as transportation, residential, environmental, utility,public service, institutional, and civic and community facilities, and todevelop sites for those facilities.
(i) It is declared to be the policy of the state to promote avigorous and growing economy, to prevent economic stagnation, and to encouragethe creation of new job opportunities in order to ameliorate the hazards ofunemployment and underemployment, reduce the level of public assistance,increase revenues to the state and its municipalities, and to achieve a stablediversified economy.
(j) The purpose of this chapter is to create the Rhode Islandeconomic development corporation having an existence separate and apart fromthe state, with the power and authority to acquire and develop property withinthe state and to provide financing for the purposes set forth above in thischapter.
§ 42-64-2 Legislative findings. – (a) It is found and declared that there exists in our state a condition ofsubstantial and persistent unemployment and underemployment which causeshardship to many individuals and families, wastes vital human resources,increases the public assistance burdens of the state, impairs the security offamily life, contributes to crime and delinquency, prevents many of our youthsfrom continuing their education, impedes the economic and physical developmentof municipalities and adversely affects the welfare and prosperity of ourstate; that many existing industrial, manufacturing, recreational andcommercial facilities in our state are obsolete and inefficient, anddilapidated; that many of these facilities are under-utilized or in the processof being vacated, creating additional unemployment; that technological advancesand the provision of modern and efficient industrial, manufacturing,recreational and commercial facilities in other states will speed theobsolescence and abandonment of existing facilities, causing serious injuriesto the economy of our state; that the drastic curtailment of federal militaryinstallations in our state presently being undertaken and the announcement bythe United States government of plans to relocate large numbers of militarypersonnel and their families presently on duty in this state has and willfurther result in an additional loss of employment and aggravate the overallunemployment conditions of the state; that new industrial, manufacturing,recreational, and commercial facilities are required to attract and house newindustries and thereby reduce the hazards of unemployment; that unaided effortsof private enterprises have not met and cannot meet the needs of providingthose facilities due to problems encountered in assembling suitable buildingsites, lack of adequate public service, unavailability of private capital fordevelopment, and the inability of private enterprise alone to plan, finance andcoordinate industrial, recreational, and commercial development; that theeconomic insecurity attendant to chronic and new unemployment and the absenceof new employment opportunities constitutes a serious menace for the safety,morals, and general welfare of the people of our state.
(b) It is further found and declared that the decision of theUnited States government to close certain military facilities located withinthe state (including those located in the towns of North Kingstown, Portsmouth,Middletown and Charlestown, and the city of Newport) and to dispose of theproperty comprising those facilities will, because many residents of the statewere employed by the United States government at those facilities, aggravatethe condition of employment and underemployment mentioned above. The UnitedStates government is authorized and intends to make available to the state orto an instrumentality thereof, the property to be disposed of and by virtue ofthe provisions of Public Laws 1939, chapter 696, certain land in the town ofNorth Kingstown shall revert to the state upon the abandonment by the UnitedStates government of the naval base located there. With comprehensive planningand adequate financing, the property can be converted to industrial,manufacturing, recreational, and commercial uses which will promote a healthyand growing economy, thereby encouraging new industries and commercialenterprises to locate in the state, enabling existing industries and commercialenterprises to remain and expand, and alleviating the condition of unemploymentand underemployment that now exists.
(c) It is further found and declared that notwithstanding thedecision of the United States government to dispose of the property mentionedabove, there will continue to be a shortage of property in the state forindustrial, manufacturing, recreational, and commercial development. Theexpansion of the economy, while increasing the need for that property, willcontinually diminish the supply of that property. Private enterprise hasencountered difficulty in providing new industrial, manufacturing,recreational, and commercial facilities in economically strategic areas of thestate, because of the problems in assembling tracts of property suitable forthose purposes and the cost of providing adequate public services to serve thedevelopment.
(d) It is further found and declared that the acquisition anddevelopment of property for industrial, manufacturing, recreational, andcommercial purposes (including the property to be disposed of by the UnitedStates government and that land reverting to the state pursuant to theprovisions of Public Laws 1939, chapter 696) and the disposition thereof, mustbe undertaken on a comprehensive statewide basis so as to assure that newindustrial, manufacturing, recreational, and commercial sites are adequatelyserved by appropriate transportation facilities and public services and thatthose sites are located in any manner as to provide for the orderly economicgrowth and development of the state, while at the same time conserving theenvironment. Local planning and development agencies and institutions areinsufficient to provide for that comprehensive statewide planning anddevelopment.
(e) It is further found and declared that the appropriatedevelopment of the property to be disposed of by the United States governmentand that land reverting to the state pursuant to Public Laws 1939, chapter 696will require development not only for industrial and commercial purposes butalso for transportation, residential, recreational, utility, institutional,civic, and community purposes.
(f) It is further found and declared that there exists in thestate blighted or substandard areas, or areas which are becoming blighted andsubstandard, including obsolete and dilapidated buildings and structures,defective construction, outmoded and obsolete design, lack of proper sanitaryfacilities, or adequate fire and safety protection, excessive land coverage,insufficient light and ventilation, illegal uses and conversions, inadequatemaintenance, buildings abandoned or not utilized in whole or in part, obsoletesystems of utilities, poorly or improperly designed street patterns andintersections, inadequate access to areas, inadequate transportationfacilities, all of which hamper or impede proper and economic growth of thearea as well as the state as a whole.
(g) It is further found and declared to be the public policyof the state to encourage the expansion and development of the state's harborsand ports; to foster and improve the handling of waterborne commerce from andto any port of this state and other states and foreign counties; to seek toeffect consolidation of the ports of this state and to promote a spirit ofcooperation among these ports in the interest of the state as a whole; toinitiate and further plan for the development of the ports of this state and tokeep informed as to the present and future requirements and needs of the portsof this state; also to furnish proper and adequate airport facilities withinthis state and to encourage the integration of these facilities so far aspracticable.
(h) In the furtherance of these goals, it is the policy ofthe state to retain existing industries and to induce, encourage, and attractnew industries through the acquisition, construction, reconstruction, andrehabilitation of industrial, manufacturing, recreational, and commercialfacilities, as well as transportation, residential, environmental, utility,public service, institutional, and civic and community facilities, and todevelop sites for those facilities.
(i) It is declared to be the policy of the state to promote avigorous and growing economy, to prevent economic stagnation, and to encouragethe creation of new job opportunities in order to ameliorate the hazards ofunemployment and underemployment, reduce the level of public assistance,increase revenues to the state and its municipalities, and to achieve a stablediversified economy.
(j) The purpose of this chapter is to create the Rhode Islandeconomic development corporation having an existence separate and apart fromthe state, with the power and authority to acquire and develop property withinthe state and to provide financing for the purposes set forth above in thischapter.
