R.I. Gen. Laws § 44-3-55 — South Kingstown — certain non-profit charitable organizations — Tax exemptions or payment in lieu of tax agreements

The town council of the town of South Kingstown may, by ordinance or resolution, provide
for exemptions from valuation for taxation or otherwise enter into payment in lieu
of tax agreements regarding any real or personal property, which is directly related
to the actual conduct of the charitable purposes of a non-profit organization and
which otherwise is, or would become, subject to taxation by the town, that is owned,
leased, or held in the town of South Kingstown by any nonprofit, charitable organization
recognized as such by the state of Rhode Island. Notwithstanding any other provisions
of the general laws to the contrary, the town of South Kingstown shall be authorized
to enter into payment in lieu of tax agreements with qualifying organizations upon
terms acceptable to the town council. The town shall maintain a comprehensive list
of all such exemptions and payment in lieu of tax agreements adopted pursuant to this
section, which list shall set forth the amount of the exemption, the amount of the
in lieu of tax payment, and the date of the resolution or ordinance establishing the
exemption and/or payment in lieu of tax agreement and of any amendments to the ordinance
or resolution.