Pawtucket authorizes up to $5,000,000 in bonds and notes for public building improvements in fiscal years 2028 and 2029.
The bill authorizes the city of Pawtucket to issue up to $5,000,000 in bonds and notes to fund the construction, renovation, improvement, repair, alteration, furnishing, and equipping of public buildings. The financing includes the issuance of bonds and notes, with proceeds used for project costs, interest on temporary notes, repayment of advances, issuance costs, and funded interest. The city treasurer and mayor are authorized to execute necessary documents and take actions to carry out the intent of the act. The act's approval requires a majority vote at a special election.
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