Rhode Island General Laws 41-7-9. Leases of city properties
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The city of Newport is hereby authorized to enter into a lease of city property for a period not to exceed thirty-five (35) years with an application to the division of gaming and athletics licensing for a license to conduct jai alai.
History of Section.
P.L. 1973, ch. 48, § 1.
Terms Used In Rhode Island General Laws 41-7-9
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC