Rhode Island Code of Regulations
Title 830 - Infrastructure Bank
Chapter 10 - Programs
Subchapter 40 - Municipal Resilience Program
Part 1 - Municipal Resilience Program Policies and Procedures
Section 830-RICR-10-40-1.3 - Definitions
Universal Citation: 830 RI Code of Rules 10 40 1.3
Current through September 18, 2024
A. Except as otherwise defined herein, the words and phrases used within this Part shall have the same meaning as the words and phrases in R.I. Gen Laws § 46-12.2-2, as amended.
B. For the purposes of this Part, the following terms are defined as follows:
1.
"Approved project" shall have the same meaning as in R.I. Gen. Laws §
46-12.2-2.
2. "Applicant" or "Borrower" means any local
governmental unit as defined in R.I. Gen. Laws §
46-12.2-2.
3. "Executive Director" means the Executive
Director of Rhode Island Infrastructure Bank or his or her
designee(s).
4. "In-kind services"
means a non-cash contribution of value provided by the applicant, including but
not limited to the value of personnel, goods, or services provided by the
Applicant.
5. "Resiliency related
infrastructure project" or "Project" means any project, including but not
limited to, restoring and/or improving the resiliency of infrastructure,
vulnerable coastal habitats, river and stream floodplains, and
watersheds.
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