State Codes and Statutes
Statutes > Rhode-island > Title-45 > Chapter-45-22-4 > 45-22-4-6SECTION 45-22.4-6
§ 45-22.4-6 Refund of impact fees. –(a) If impact fees are not expended or encumbered within the period establishedin § 45-22.4-5, the governmental entity shall refund to the fee payer orhis or her successors the amount of the fee paid and accrued interest. Thegovernmental entity shall send the refund to the fee payer at the last knownaddress by certified mail within one year of the date on which the right toclaim refund arises. All refunds due and not claimed within one year shall beretained by the municipality.
(b) When a governmental entity seeks to terminate any or allimpact fee requirements, all unexpended or unencumbered funds shall be refundedas provided above. Upon the finding that any or all fee requirements are to beterminated, the governmental entity shall place a notice of termination andavailability of refunds in a newspaper of general circulation in the communityat least two (2) times. All funds available for refund shall be retained for aperiod of one year. At the end of one year, any remaining funds may betransferred to the general fund and used for any public purpose. A governmentalentity is released from this notice requirement if there are no unexpended orunencumbered balances within a fund or funds being terminated.
