Rhode Island H8624 authorizes Cranston to issue up to $8,000,000 in bonds and notes for fire and public safety equipment.

Rhode Island H8624 empowers the city of Cranston to issue up to $8,000,000 in general obligation bonds and notes for the acquisition, improvement, renovation, and repair of fire and public safety equipment. The bonds and notes can be issued in various forms, including zero coupon, capital appreciation, serial, or term bonds. The proceeds from the sale of these bonds and notes will be used for the specified purposes, including the cost of projects, interest on bonds or notes, issuance costs, and capitalized interest.

Rhode Island H8624 authorizes Cranston to issue up to $8,000,000 in bonds and notes for fire and public safety equipment.

Rhode Island H8624 empowers the city of Cranston to issue up to $8,000,000 in general obligation bonds and notes for the acquisition, improvement, renovation, and repair of fire and public safety equipment. The bonds and notes can be issued in various forms, including zero coupon, capital appreciation, serial, or term bonds. The proceeds from the sale of these bonds and notes will be used for the specified purposes, including the cost of projects, interest on bonds or notes, issuance costs, and capitalized interest.