Rhode Island S3323 authorizes Pawtucket to issue up to $2,000,000 in bonds and notes for bridge construction, reconstruction, repair, and equipping.
Rhode Island S3323 authorizes the city of Pawtucket to issue bonds and notes up to $2,000,000 for the construction, reconstruction, repair, and equipping of bridges and related costs. The act allows for the issuance of bonds and notes without needing approval from any governmental agency, except as required by the act. The proceeds from these bonds and notes, along with any federal or state assistance, will be used for the specified projects. The city council has the authority to extinguish the bond issuance by resolution seven years after the act's effective date.
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