R.I. Gen. Laws § 42-63.5-6

Current through 2024 Public Law 457

Section 42-63.5-6 - Convention center garage parking

Notwithstanding the provisions of any other general or special law, the Rhode Island Convention Center Authority is authorized and directed to make available for the use of validated retail shoppers, one thousand (1,000) parking spaces in the Convention Center North Garage during the months of November, December and January of each year of the term of the Ground Lease as it may be extended, provided that the Convention Center North Garage continues to be open for parking. The rates payable to the Convention Center Authority for parking by Mall shoppers with the shopping validation required for parking in the Providence Place Garage shall be:

(1) during the first ten (10) years of the term of the Parking Garage Lease, one dollar ($1.00) for the first three (3) hours and after three (3) hours at the market rate charged in the Convention Center North Garage, and

(2) after ten (10) years, for the first three (3) hours at the same rate then applicable in the Providence Place Garage for Mall shoppers with applicable validation, but in no event less than one dollar ($1.00) as adjusted by any increase in the Consumer Price Index, and after three (3) hours at the market rate charged in the Convention Center North Garage.

R.I. Gen. Laws § 42-63.5-6

P.L. 1995, ch. 400, § 4.