2005 Rhode Island Code - § 37-22-4 — Definitions.

    As used in this chapter, the following words and terms shall have the following meaning:

   (1) "Acquiring authority" means an acquiring authority as defined in Chapter 7 of this Title.

   (2) "Board" means the I-195 Redevelopment Board.

   (3) "Comprehensive agreement" means a comprehensive agreement between the board and those persons obligated to undertake a qualifying project as set forth in § 37-22-7.

   (4) "Material default" means any default by the private entity in the performance of its duties under a comprehensive agreement of § 37-22-10 of this chapter that jeopardizes adequate service to the public from a qualifying project and remains unremedied after the board has provided notice to the private entity and a reasonable cure period has elapsed.

   (5) "Permits and approvals" means all permits, licenses, variances and/or approvals to be issued by state and/or local agencies as necessary for the development, construction and/or operation of a qualifying project.

   (6) "Plan" means the I-195 Old Harbor Plan (October 1992) adopted by the State of Rhode Island, City of Providence and Providence Foundation, a nonbusiness corporation.

   (7) "Private entity" means any person, institution and/or entity proposing to undertake a qualifying project and to enter into a comprehensive agreement for the development, construction and/or operation of a qualifying project.

   (8) "Project area" means that area which is bounded by Pine Street, Chestnut Street, Clifford and Foster Streets.

   (9) "Public-private partnerships" means prearrangements between the public and private sectors for the delivery by the private sector of certain sector of certain public infrastructure and/or public services, which traditionally would have been provided by the public sector and funded by property taxes.

   (10) "Qualifying project" means the privately funded redevelopment, construction and operation of a project within the project area and in furtherance of the plans planning principals as provided in the Old Harbor Plan (October 1992). Qualifying projects shall include, but not be limited to, institutional uses.

   (11) "State-owned property" means property to which title is vested in the State of Rhode Island and located in the project area.