Pawtucket authorizes up to $2,000,000 in bonds and notes for street, sidewalk, drainage, and landscaping improvements.
The city of Pawtucket is authorized to issue bonds and notes up to $2,000,000 for transportation infrastructure improvements, including streets, sidewalks, drainage, and landscaping. The city council can issue bonds and notes in anticipation of federal or state aid. The proceeds can be used for project costs, interest on notes, and related expenses. The city treasurer can invest funds pending expenditure. The city can apply for federal and state assistance for the project. The city treasurer and mayor can execute necessary documents to comply with federal tax and securities laws.
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