Authorizes the city of Pawtucket to issue bonds for school renovations and repairs.
The bill authorizes the city of Pawtucket to issue up to $22,500,000 in bonds, notes, or other debt instruments to finance renovations and repairs to Samuel Slater Middle School facilities, or the acquisition, construction, improvement, furnishing, and equipping of a new middle school and school facilities. The project includes costs for design, demolition, athletic fields, landscaping, and parking. The bill also authorizes the state to enter into a financing agreement with the Rhode Island Health and Educational Building Corporation to support the project.
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