Rhode Island § 45-31-27 - Redevelopment Agencies

§ 45-31-27. Payments made subject to rules and regulations.

Upon presentation of evidence satisfactory to the agency of the fact of relocation, there may be paid to each individual, transient, or family, a sum of money in accordance with a schedule of payments adopted by the agency based upon the number of occupied rooms. In the case of business concerns, the sum of money to be paid is based upon the actual necessary moving expense incurred and any direct losses sustained to personal property, but not goods kept for sale, good will, or profit. These payments are made subject to rules and regulations that may be prescribed by the agency, and shall not exceed one thousand five hundred dollars ($1,500) in the case of each transient, individual, or family, or seven thousand five hundred dollars ($7,500) in the case of each business concern.