Section 870-RICR-30-00-6.17 - CertificationA. Prior to the issuance of any TIF payments, the Applicant must submit satisfactory evidence as determined in the sole discretion of the Corporation of the following: 1. actual Project Costs, as certified by a certified public accountant. If the actual Project Costs are less than the estimated Project Costs forming the bases for the approval of the TIF Incentive, then the awarded incentives shall be reduced based upon the actual Project Costs; and2. evidence that the Qualified Development Project has been Placed in Service and/or meets such other criteria as imposed by the Board in its approving resolution.870 R.I. Code R. 870-RICR-30-00-6.17
Amended effective 12/19/2018