Rhode Island H8621 authorizes Cranston to issue up to $2,000,000 in bonds and notes for public building projects.

Rhode Island H8621 empowers the city of Cranston to issue up to $2,000,000 in general obligation bonds and notes for public building projects, including acquisition, demolition, construction, improvement, renovation, repair, alteration, furnishing, and equipping. The proceeds will be used for these purposes, and the bonds can be issued in various forms, such as zero coupon, capital appreciation, serial, or term bonds. The city treasurer can invest unexpended funds pending their use.

Rhode Island H8621 authorizes Cranston to issue up to $2,000,000 in bonds and notes for public building projects.

Rhode Island H8621 empowers the city of Cranston to issue up to $2,000,000 in general obligation bonds and notes for public building projects, including acquisition, demolition, construction, improvement, renovation, repair, alteration, furnishing, and equipping. The proceeds will be used for these purposes, and the bonds can be issued in various forms, such as zero coupon, capital appreciation, serial, or term bonds. The city treasurer can invest unexpended funds pending their use.