R.I. Gen. Laws § 44-3-68 — Portsmouth — Tax exemptions, abatements, or payments in lieu of tax agreements

The town council of the town of Portsmouth may, by ordinance or resolution, provide
for exemption from valuation for taxation or otherwise enter into tax abatement or
payment in lieu of taxes agreements upon terms acceptable to the town council regarding
the real property known as “Quaker Manor” located at 2368 East Main Road, and designated
as tax assessor’s map 39, lots 47A and 47C, which is occupied by persons or families
of low or moderate income.