Chapter 004

2011 -- H 5768

Enacted 03/30/11

 

 

A N A C T

RELATING TO CITY OF PAWTUCKET TO ISSUE TAX ANTICIPATION NOTES PAYABLE IN FISCAL YEAR 2012

          

     Introduced By: Representatives E Coderre, DaSilva, JP O`Neill, Johnston, and

O`Grady

     Date Introduced: March 03, 2011

 

It is enacted by the General Assembly as follows:

 

     SECTION 1. Notwithstanding the provisions of Article V, Chapter 2 of the Pawtucket

Home Rule Charter, the city of Pawtucket is hereby empowered to issue tax anticipation notes

pursuant to Rhode Island general laws section 45-12-4 in anticipation of taxes to be received in

the fiscal year 2010 2011, which notes shall be made payable not later than December 31, 2011.

     SECTION 2. To the extent of any inconsistency between this act and any private, public,

general, or any other law, and the city charter and city ordinances, this act shall prevail. This act

shall take effect upon passage in conformity with the reserved powers of the general assembly

pursuant to Article XIII, Section 5 of the Constitution of the State of Rhode Island and

Providence Plantations.

     SECTION 3. This act shall take effect upon passage.

     

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LC01928

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