§ 37-18-6 - Powers and duties.
SECTION 37-18-6
§ 37-18-6 Powers and duties. – The corporation shall have the following powers, together with all powersincidental thereto or necessary for the performance of those hereinafter stated:
(a) To have perpetual succession as a body corporate and toadopt bylaws for the regulation of its affairs and the conduct of its business;
(b) To sue and be sued, complain, and defend, in itscorporate name; provided, however, the corporation shall have no standing inany zoning or other administrative or judicial proceeding involving landpresently owned by castle realty company in the town;
(c) To have a seal which may be altered at pleasure and touse the seal by causing it, or a facsimile thereof, to be impressed or affixedor in any other manner reproduced;
(d) To purchase, take, receive, lease, or otherwise acquirefrom any person, firm, corporation, municipality, the federal government, orstate, by grant, purchase, lease, or gift, or to obtain options for theacquisition of any personal property and the real property situated in the townand defined as the "settlement lands" in that "joint memorandum ofunderstanding concerning settlement of the Rhode Island Indian land claims"dated February 28, 1978, and related to the lawsuits entitled NarragansettTribe of Indians v. Rhode Island Director of Environmental Management, andNarragansett Tribe of Indians v. Southern Rhode Island Land Development Co., etal., C. A. Nos. 75-0005, 75-0006 (U.S. D. R.I.), improved or unimproved, andinterests in the land less than the fee thereof; and to own, hold, clear,improve, develop, and rehabilitate the land subject to the restrictions setforth in §§ 37-18-7 and 37-18-10;
(e) To make and execute agreements of lease, mortgages,construction contracts, operation contracts, and other contracts andinstruments necessary or convenient in the exercise of the powers and functionsof the corporation granted by this chapter; provided, however, that anyliabilities incurred shall be payable solely from the revenues of thecorporation;
(f) To invest and reinvest its funds;
(g) To conduct its activities, carry on its operations, andhave offices and exercise the powers granted by this chapter within the state;
(h) To elect or appoint officers and agents of thecorporation, define their duties, and fix their compensation;
(i) To secure the cooperation and assistance of the UnitedStates and any of its agencies and of agencies of this state in the work of thecorporation;
(j) To accept grants, donations, gifts, loans of funds, andcontributions of money, services, materials, or otherwise, from the UnitedStates or any of its agencies, from the state or any of its agencies, or fromany other source, and to use or expend money, services, materials, or othercontributions in carrying out the purpose of this chapter;
(k) To enter into agreements to pay annual sums in lieu oftaxes to the town in respect to real property which is owned by the corporationand is located in the town;
(l) To employ, in its discretion, attorneys, accountants,architectural and engineering consultants, financial consultants, and suchother employees, except an executive director, and agents as it shall deemnecessary in its judgment and to fix their compensation;
(m) To grant or otherwise convey (whether voluntarily orinvoluntarily, including any eminent domain or condemnation proceedings)easements for public or private purposes;
(2) The corporation shall have the power to and shall grantto the Providence boys' club or its successors in interest a reasonable rightof way over the real property held by the corporation if any real property heldby the Providence boys' club or its successors in interest requires such aright of way as a means of access to a public right of way;
(3) The corporation shall have the power to and shall grantto the state a mutually acceptable right and easement to pass by foot andvehicle over a forty-five foot (45') wide strip of land located within the townand in the Indian Cedar Swamp management area between Kings Factory road andthe Pawcatuck River, and to use an area of the end of the strip sufficientlylarge for the parking of automobiles and the launching of boats;
(n) To adopt rules and regulations concerning hunting andfishing rights on the corporation's land subject to the provisions of §37-18-8;
(o) To bring proceedings to remove clouds on title or suchother proceedings as it may, in its discretion, deem proper and necessary;
(p) To have and exercise all powers necessary or convenientto effect its purposes; provided, however, the corporation shall have no powerto sell, grant, convey, transfer, or otherwise alienate land or any interesttherein other than as specifically provided in subsection (m) of this section.