R.I. Gen. Laws § 42-64.14-14
The commission shall make as a condition to the sale or lease of any parcel of I-195 surplus land, as defined in § 37-5-8, or any portion thereof, to any not-for-profit, organization or entity that is otherwise exempt from municipal real estate taxes including, without limitation, any independent public instrumentality, governmental or quasi governmental agency, body, division, or official, or any affiliate or subsidiary thereof, that the purchaser or lessee, as applicable, shall make payments to the city relating to any parcel of I-195 surplus land to be purchased or leased by such not-for-profit, or tax exempt organization or institution. If no such agreement has been reached with the city of Providence, the commission is authorized to complete the sale; however, in consideration for the purchase or lease of any parcel of the I-195 surplus land, the not-for-profit or tax-exempt organization or institution shall make payments to the city of Providence equivalent to those that would be paid by a taxable institution with regard to the subject parcel including, but not limited to, any improvements constructed thereon by the purchaser or lessee; provided, however, that the obligation to make such payments shall cease in the event all or any portion of or any improvement on the subject parcel(s) is subject to any tax by the city of Providence, whether in the nature of a real estate tax, ad valorem tax, user fee, or otherwise (regardless of the basis on which such tax or fee is calculated) or any other obligation that has the effect of such tax.
R.I. Gen. Laws § 42-64.14-14