Cranston can issue up to $8,000,000 in bonds and notes for fire and public safety equipment.

The bill authorizes the city of Cranston to issue up to $8,000,000 in general obligation bonds and notes to finance the acquisition, improvement, renovation, and repair of fire and public safety equipment. The bonds can mature in annual installments, with the first installment no later than five years and the last no later than thirty years. The city council can extinguish the bond authority seven years after the act's effective date. The act requires voter approval before taking effect.

Cranston can issue up to $8,000,000 in bonds and notes for fire and public safety equipment.

The bill authorizes the city of Cranston to issue up to $8,000,000 in general obligation bonds and notes to finance the acquisition, improvement, renovation, and repair of fire and public safety equipment. The bonds can mature in annual installments, with the first installment no later than five years and the last no later than thirty years. The city council can extinguish the bond authority seven years after the act's effective date. The act requires voter approval before taking effect.