(a)  All real property owned and held by the corporation shall be subject to a land use plan prepared by the office of state planning within the department of administration. No less than seventy-five percent (75%) of the land owned by the corporation, exclusive of the real property described in § 37-18-7, shall not be improved and developed and shall be held in perpetuity for conservation purposes, and the real property to be held in perpetuity for conservation purposes shall be delineated in the land use plan. The land use plan shall be mutually acceptable to the corporation and the town. Acceptance by the town of the plan shall not be unreasonably withheld. Upon acceptance of the plan by the town, the town shall amend its zoning ordinance adopted pursuant to chapter 24 of Title 45 so as to conform to the plan. The zoning ordinance as amended shall govern the land use of real property owned by the corporation and the ordinance shall not be further amended in a manner inconsistent with the plan without the consent of the corporation; provided, however, that the ordinance shall not be amended in any manner affecting the land designated in the land use plan for conservation purposes.

Terms Used In Rhode Island General Laws 37-18-10

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • town: may be construed to include city; the words "town council" include city council; the words "town clerk" include city clerk; the words "ward clerk" include clerk of election district; the words "town treasurer" include city treasurer; and the words "town sergeant" include city sergeant. See Rhode Island General Laws 43-3-9

(b)  The corporation shall not be entitled to use any portion of the real property to be owned and held by the corporation until such time as the land use plan is adopted by the corporation and accepted by the town.

History of Section.
P.L. 1979, ch. 116, § 10.