[HISTORY: Adopted by the Council of the City
of Pawtucket as indicated in article histories. Amendments noted where
applicable.]
[Approved 12-20-1990 by Ch. No. 2175]
[Amended 4-23-1998 by Ch. No. 2486]
A.
The City Council must approve, by a majority vote
of its members, any and all purchases or sales or leases of real property
by the City of Pawtucket, after said sale, purchase or lease has been
referred to the City Property Committee.
B.
The City Council shall not approve, nor shall the
City of Pawtucket enter into a lease agreement for real property,
if said lease exceeds a period of 10 years. If said lessee intends
to request an extension of the lease, the City must be notified one
year prior to the termination of the existing lease. Said extension
shall not exceed a period of five years, which will be reviewed and
may be renewed.
C.
Despite the prohibition set forth in Subsection B, the City Council may, at its discretion, renew or renegotiate any existing long-term lease that was approved by the City Council, and entered into by the City of Pawtucket, prior to the enactment of this article.
D.
Requirement regarding taxes.
[Added 5-6-2004 by Ch. No. 2730]
(1)
The City Council shall not approve or enter into a
lease agreement either as lessor or lessee with any person, business,
or corporation until the other party to the agreement submits evidence
to the City Property Committee verifying that the other party is current
with all real estate taxes, tangible personal property taxes, as well
as automobile taxes owed by that party to the City.
(2)
Any party to a lease with the City that fails to pay
any taxes due for any tax period within the required time and when
payment is due shall be deemed to be in breach of the lease agreement.
The City will thereupon send a notice of delinquency to the party,
which will have 30 days to pay all taxes due in full. Failure to pay
the taxes in full within 30 days after notice shall render the lease
agreement subject to termination at the discretion of the City Council.
E.
Notwithstanding the provisions of §76-1 of the Code of Ordinances of the City of Pawtucket, the City Council hereby authorizes the City of Pawtucket to enter into a lease agreement, with extensions, for a period of time that exceeds 10 years for the following properties associated with the Tidewater Landing Development Project:
[Added 5-29-2020 by Ch. No. 3227]
|
Plat
|
Lot
|
Site Description
|
|---|---|---|
|
54
|
827
|
Tidewater - North Site
|
|
23
|
673
|
Division Street Site 1
|
|
23
|
672
|
Division Street Site 2
|
|
23
|
599
|
Division Street Site 3
|
The City Council shall not approve the purchase
or sale of any parcel or parcels of real property until such time
as said Council has secured a valid and timely appraisal from a qualified,
duly licensed real estate professional for each parcel of property
being considered for purchase or sale. Also, the City Council shall
not approve the leasing of any parcel or parcels of real property
until such time as said Council has received, reviewed and approved
a lease agreement for each parcel.
The City Council may at its discretion request
additional real estate appraisals if the Council, by a majority of
its members, deems it necessary and appropriate to secure and consider
more than one appraisal.
This article shall be applicable in any and
all instances where the City desires to effectuate the purchase and/or
sale and/or lease of real property regardless of the source or origin
of the funds anticipated or provided for said purchase and/or sale
and/or lease.
