Rhode Island H8594 authorizes Pawtucket to issue up to $3,000,000 in bonds and notes to fund street repaving for fiscal years 2028 and 2029.

Rhode Island H8594 authorizes the city of Pawtucket to issue up to $3,000,000 in bonds and notes to finance the repaving of streets and related costs. The proceeds, along with federal or state assistance and other funds, will be used for this purpose. The city treasurer can invest the funds, and any earnings can be added to city revenues from property taxes, subject to federal law. The city council can authorize the issuance of bonds and notes, which can be serial or term bonds. The act will take effect upon approval by voters at a special election.

Rhode Island H8594 authorizes Pawtucket to issue up to $3,000,000 in bonds and notes to fund street repaving for fiscal years 2028 and 2029.

Rhode Island H8594 authorizes the city of Pawtucket to issue up to $3,000,000 in bonds and notes to finance the repaving of streets and related costs. The proceeds, along with federal or state assistance and other funds, will be used for this purpose. The city treasurer can invest the funds, and any earnings can be added to city revenues from property taxes, subject to federal law. The city council can authorize the issuance of bonds and notes, which can be serial or term bonds. The act will take effect upon approval by voters at a special election.