{"data":{"id":"us-ri/r.i.-gen.-laws-45-33-1","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 45-33-1","heading":"Establishment of revolving fund.","body":"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.","path":["Title 45 Towns and Cities","Chapter 33 Redevelopment Financing"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE45/45-33/45-33-1.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T20:00:53Z","sha256":"4a7ed65ab5738c0291424d8e57e6eab92296499da85a749624acd69b82f4642c","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-45-32.1-6","next":"us-ri/r.i.-gen.-laws-45-33-2"},"notice":"GroundRules: Original legal text. Not legal advice."}