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 general obligation bonds and notes to fund the construction, renovation, improvement, repair, alteration, furnishing, and equipping of public buildings. The city treasurer and mayor can execute necessary documents and agreements, including a continuing disclosure agreement. Proceeds from bonds, notes, federal, or state aid can be deposited or invested in banks or obligations. The city can also apply for and expend federal or state grants.
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- Legal Framework
- Critical Issues
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