R.I. Gen. Laws § 44-3-47 — Cranston — Economic development tax incentive program Exemptions

The city council of the city of Cranston may, by ordinance, provide exemptions from
assessed valuation for real and tangible personal property of property owners or businesses
which create jobs in the city of Cranston and any property owners or businesses for
any retrofit, expansion, or renovation of specifically permitted uses; provided, that
the exemption shall be for a period of not more than ten (10) years.