Rhode Island S3356 authorizes Cranston to issue up to $4,000,000 in bonds for playgrounds, athletic fields, and related equipment.
Rhode Island S3356 empowers the city of Cranston to issue up to $4,000,000 in general obligation bonds and notes for the acquisition, construction, improvement, renovation, repair, and alteration of playgrounds, athletic fields, and related equipment. The bonds and notes can be issued without further approval from the state. The proceeds from the bond sale will be used for these projects, with any remaining funds applied to the principal or interest on the bonds or notes.
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