Pawtucket authorized to issue up to $2,000,000 in bonds for public recreation facilities renovation, construction, and equipping.
This bill authorizes the city of Pawtucket to issue bonds up to $2,000,000 for the renovation, construction, reconstruction, and equipping of public recreation facilities, including land acquisition. The proceeds will fund the capital improvement program for fiscal years 2028 and 2029. The bonds can be issued in serial or term form, with the first installment due no later than three years and the last no later than thirty years after issuance. The city treasurer and mayor are authorized to execute necessary documents and agreements.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.