Section 830-RICR-10-40-1.3 - DefinitionsA. 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.830 R.I. Code R. 830-RICR-10-40-1.3
Adopted effective 7/11/2023